By Stephen Culp NEW YORK (Reuters) – Tech shares helped power the S&P 500 to its first record high close in two years on Friday to confirm a bull market, while European stocks registered weekly declines amid fading expectations for central bank interest rate cuts. Treasury yields inched lower, while supply concerns arising from simmering…
By David Shepardson and Lisa Barrington WASHINGTON (Reuters) -An Atlas Air Boeing 747-8 cargo plane made an emergency landing in Miami late Thursday shortly after departure after suffering an engine fire. The plane with five crew members safely returned and no injuries were reported. The Federal Aviation Administration (FAA) and National Transportation Safety Board are…
By David Shepardson and Nathan Gomes (Reuters) -Ford Motor said on Friday it would reduce production of its F-150 Lightning pickup truck, as demand for electric vehicles (EVs) has been lower than expected. The No. 2 U.S. automaker said it would cut production at its Michigan Rouge Electric Vehicle Center to one shift starting April…
(Reuters) -IRobot shares slumped more than 30% in early trading on Friday after reports that the European Union antitrust regulator was planning to block Amazon.com’s $1.4 billion buyout of the Roomba vacuum maker. Reuters reported, citing sources, that the agency was considering a veto on the deal, a move that could raise the bar for…
