Exclusive-Reddit seeks to launch IPO in March – sources
By Echo Wang and Anirban Sen (Reuters) – Social media platform Reddit has drawn up detailed plans to launch its…
January 2024
Amazon’s iRobot deal faces EU antitrust veto, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Amazon’s $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by…
Biden cancels nearly $5 billion more in student debt relief
By Andrea Shalal (Reuters) -U.S. President Joe Biden on Friday announced student debt cancellation of nearly $5 billion for an…
S&P 500 nabs record closing high, Treasury yields dip
By Stephen Culp NEW YORK (Reuters) – Tech shares helped power the S&P 500 to its first record high close…
Atlas Air Boeing 747 cargo plane makes emergency landing after engine fire
By David Shepardson and Lisa Barrington WASHINGTON (Reuters) -An Atlas Air Boeing 747-8 cargo plane made an emergency landing in…
Ford cuts F-150 Lightning production as EV demand softens
By David Shepardson and Nathan Gomes (Reuters) -Ford Motor said on Friday it would reduce production of its F-150 Lightning…
Roomba maker iRobot’s shares plunge on report Amazon deal faces EU block
(Reuters) -IRobot shares slumped more than 30% in early trading on Friday after reports that the European Union antitrust regulator…
Apple to sell some watches without blood oxygen feature after US court ruling
By Blake Brittain and Stephen Nellis WASHINGTON/SAN FRANCISCO (Reuters) -Apple said on Wednesday it would remove a blood oxygen monitoring…
Speaker Johnson pushes Biden on border shift in White House meeting
By Nandita Bose, Richard Cowan and Jeff Mason WASHINGTON (Reuters) -Republican House Speaker Mike Johnson pressed President Joe Biden on…
US bank profits fall as competition for deposits erodes lending margins
By Chibuike Oguh NEW YORK (Reuters) -Several large U.S. regional banks reported lower profits on Wednesday, in a further sign…