Wall St logs sharp losses as labor market strength stokes rate-hike fears
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended sharply lower on…
Business
Levi Strauss to cut prices as weak consumer spending hits outlook
By Granth Vanaik and Katherine Masters (Reuters) -Levi Strauss & Co cut its annual profit forecast on Thursday, in a…
Canada port strike may add to inflation concerns ahead of rate decision
By Fergal Smith TORONTO (Reuters) -The Canadian dock workers strike is another factor for the Bank of Canada (BoC) to…
US state attorneys general clash over EPA emissions plan
By David Shepardson WASHINGTON (Reuters) -A group of 25 Republican state attorneys general on Thursday urged President Joe Biden’s administration…
Rothschild family buys 8.2 million shares of Paris-listed investment bank
(Reuters) – Concordia said on Thursday it had acquired all the shares it was permitted to acquire of Rothschild &…
Explainer-Who is eligible for the new FDA-approved Alzheimer’s drug?
By Deena Beasley The U.S. Food and Drug Administration on Thursday granted standard approval to Eisai and Biogen’s Leqembi for…
Marketmind: Markets buckle under US rates, China blues
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Meta takes aim at Twitter with Threads app, millions join
(Corrects grammar in first paragraph) By Katie Paul NEW YORK (Reuters) -Meta Platforms on Wednesday launched a direct challenge to…
Analysis-Will abandoning American help JetBlue’s Spirit merger? Not by much
By Rajesh Kumar Singh and Diane Bartz CHICAGO/WASHINGTON (Reuters) – JetBlue Airways’ decision to abandon its alliance with American Airlines…
Rivian must face lawsuit claiming it defrauded IPO investors over vehicle prices
By Jonathan Stempel (Reuters) – A federal judge said Rivian Automotive must face a lawsuit claiming it defrauded shareholders during…