Amazon rallies after research firm predicts upbeat retail sales
By Noel Randewich and Akash Sriram (Reuters) – Amazon’s stock rallied to its highest in more than two months on…
2023
BlackRock CEO Larry Fink sells 7% of his stake
(Reuters) – BlackRock Inc Chief Executive Officer Larry Fink sold nearly 7% of his stake in the asset management giant,…
UAW President: ‘No excuse’ for Detroit’s non-union EV operations
By Joseph White DETROIT (Reuters) -United Auto Workers union President Shawn Fain said on Friday there is “no excuse” for…
US Homeland security chief creating artificial intelligence task force
WASHINGTON (Reuters) – U.S. Homeland Security Secretary Alejandro Mayorkas said Friday that the agency would create a task force to…
California Jury Finds Tesla Autopilot Did Not Fail In Crash Case
By Hyunjoo Jin, Dan Levine and Abhirup Roy LOS ANGELES (Reuters) -A California state court jury on Friday handed Tesla…
Oilfield services giant SLB beats first-quarter profit estimates
By Arunima Kumar and Liz Hampton (Reuters) -Top oilfield firm SLB beat Wall Street estimates for first-quarter profit on Friday,…
Freeport-McMoRan signals more pain from labor shortages as profit slumps
By Ankit Kumar (Reuters) -Freeport-McMoRan Inc’s first-quarter profit more than halved as the copper miner struggled with an industry-wide talent…
DeSantis to travel abroad as he gears up for expected presidential run
By Gram Slattery and James Oliphant WASHINGTON (Reuters) -Florida Governor Ron DeSantis, who is expected to run for the 2024…
MG Motor launches plug-in hybrid option in Mexico as EV race heats up
By Kylie Madry MEXICO CITY (Reuters) – MG Motor is launching a plug-in hybrid SUV in Mexico, the carmaker said…
US 5-year credit default swaps rise to highest since 2011
(Reuters) – The cost of insuring exposure to United States sovereign debt rose to the highest level since 2011 on…