KB Home quarterly revenue rises on higher demand
(Reuters) – KB Home on Wednesday posted a 3% rise in its quarterly revenue, helped by strong demand amid tight…
Business
Oil rallies as grain markets tighten, dollar falls on Fed Chair comments
By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesday as U.S. corn and soybean prices…
Rivian acquires route planning app maker Iternio – CEO
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) – Rivian has acquired Swedish EV route planning app maker Iternio…
Twitter has failed to pay millions in worker bonuses, lawsuit claims
By Daniel Wiessner (Reuters) – Twitter Inc is facing a lawsuit claiming it failed to pay workers millions of dollars…
Lockheed still working with US government on F-35 jet
(Reuters) – U.S. defense contractor Lockheed Martin said on Wednesday it was continuing to work with the government on capability…
Stocks fall as Powell says inflation fight not over
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell on Wednesday as Federal Reserve Chair Jerome Powell said…
Publisher Simon & Schuster gets bid from investor backed by Mubadala – WSJ
(Reuters) – Book publisher Simon & Schuster has received a buyout bid from investor Richard Hurowitz, with backing from Abu…
Intelsat, SES end talks on $10 billion merger – Bloomberg News
(Reuters) – Intelsat SA has ended negotiations to combine with SES SA as it was not able to reach an…
Atlanta Fed’s Bostic: Rates should stay steady from here
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve should not raise interest rates further or it would risk “needlessly”…
Ex-Goldman banker was ‘framed,’ attorney says at insider trial’s close
By Jody Godoy (Reuters) – Former Goldman Sachs banker Brijesh Goel’s trial on insider trading charges drew to a close…