Arrowstreet, Coatue Management among big hedge funds buying Meta in first quarter
By David Randall NEW YORK (Reuters) – Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management…
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Fed’s Barkin not yet convinced inflation heading steadily lower
By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Richmond Federal Reserve President Thomas Barkin on Monday said he is not convinced…
Fire protection company Kidde-Fenwal files for bankruptcy citing PFAS lawsuits
By Dietrich Knauth (Reuters) – Kidde-Fenwal Inc, a subsidiary of Carrier Global Corp that specializes in fire control systems, filed…
Fed officials expect interest rates to remain high, possibly rise
By Ann Saphir and Howard Schneider -U.S. central bankers on Monday signaled they see interest rates staying high and, if…
Anti-inflation fight may spur recession, investment opportunities -BlackRock
NEW YORK (Reuters) – Central bank efforts to tame inflation could spark a recession and market selloff that later this…
Elon Musk loses bid to end SEC ‘muzzle’ over tweets
By Jonathan Stempel NEW YORK (Reuters) -A federal appeals court on Monday rejected Elon Musk’s bid to modify or end…
U.S. announces plan to buy 3 million barrels for emergency oil reserve
(Reuters) -The U.S. Department of Energy said on Monday it will purchase 3 million barrels of crude oil for the…
Food aid cuts still ‘red line’ in debt ceiling talks, says Senate farm committee chair
By Leah Douglas WASHINGTON (Reuters) – Expanding work requirements for the largest U.S. food assistance program is still a “red…
Natera wins $19 million US verdict from ArcherDX in cancer-detection patent case
By Blake Brittain (Reuters) – Genetic testing company Natera Inc convinced a Delaware federal jury on Monday to award it…
Macron courts Tesla’s Musk and others to ‘Choose France’
By Michel Rose and Tassilo Hummel PARIS (Reuters) -President Emmanuel Macron met Tesla’s CEO Elon Musk, the boss of Pfizer…