AbbVie cuts 2024 profit forecast on R&D expenses
(Reuters) -AbbVie lowered its 2024 adjusted profit forecast on Wednesday, citing $937 million in milestones, and research and development expenses…
S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar (Reuters) -The S&P 500 index and technology-laden Nasdaq rose on Wednesday…
Robinhood considering offering crypto futures in US, Europe, Bloomberg reports
(Reuters) – Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News…
Fed’s Goolsbee sees warnings signs on real economy
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said he sees some “warning signs” of weakening in the…
GM’s second-quarter US auto sales growth slows
(Reuters) – General Motors on Tuesday posted a slower rise in second-quarter U.S. sales, hurt by lower fleet sales to…
Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading
By Jonathan Stempel (Reuters) – The former senior Apple lawyer who avoided prison time after pleading guilty to insider trading…
‘Roaring Kitty’ is sued for alleged GameStop manipulation
By Jonathan Stempel NEW YORK (Reuters) – Keith Gill, the investor known as “Roaring Kitty” who helped spur the meme…
Spirit Aero to be broken up as Boeing agrees to $4.7 billion stock deal
By Tim Hepher, Shivani Tanna and Mike Stone (Reuters) -Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in…
Google to require disclosures for digitally altered content in election ads
(Reuters) – Google said on Monday it would make it mandatory for advertisers to disclose election ads that use digitally…
Takeaways from US Supreme Court ruling on Trump immunity
By Jack Queen (Reuters) – The U.S. Supreme Court’s ruling on Monday that Donald Trump cannot be prosecuted for his…