State Farm stops new home insurance sales in California as wildfire risks grow
By Noor Zainab Hussain (Reuters) – State Farm said it would stop selling new insurance policies to homeowners in California,…
Business
Purdue Pharma can protect Sackler owners in opioid bankruptcy, court rules
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt OxyContin maker Purdue Pharma can shield its owners, members of the wealthy…
France inaugurates first of four gigafactories in the north
BILLY-BERCLAU, France (Reuters) – France will inaugurate on Tuesday a battery-making gigafactory, the first of four such plants European and…
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
(Reuters) – Nvidia Corp soared to a trillion-dollar market value on Tuesday as shares continued to surge after a bumper…
Goldman head of sovereign business Powell McCormick moves to merchant bank
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Dina Powell McCormick, the head of Goldman Sachs Group Inc’s sovereign…
Factbox-U.S. debt ceiling deal: Stocks that could benefit
NEW YORK (Reuters) – Here are some stocks that could benefit, according to analysts at U.S. brokerage BTIG, if U.S….
U.S. Supreme Court declines to hear bid to sue Reddit over child porn
By Andrew Chung (Reuters) – The U.S. Supreme Court on Tuesday declined to hear a bid by child pornography victims…
US Supreme Court rejects Avery Dennison appeal on patent eligibility
By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday turned away a patent dispute between labeling company Avery…
Explainer-How could a US debt ceiling default hit regular Americans?
By Jason Lange WASHINGTON (Reuters) – What could happen on Main Street if Washington’s political showdown over the debt ceiling…
Exclusive-UniCredit cuts Amundi funds’ share in assets under management – source
By Valentina Za MILAN (Reuters) – UniCredit has been trimming the proportion of Amundi funds in its total assets under…