ON Semi jumps after results while Nvidia hits 13 month high
(Reuters) – ON Semiconductor’s shares jumped 7% on Monday after the chipmaker’s quarterly guidance beat Wall Street’s expectations, spurring other…
Business
Italy approves May Day labour package amid union criticism
By Giuseppe Fonte and Alvise Armellini ROME (Reuters) -Italy’s right-wing government on Monday approved measures to boost job creation and…
Factbox-U.S. debt ceiling standoff: Platinum coins, the 14th Amendment could be paths out
WASHINGTON (Reuters) – With Democratic President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy locked in a standoff…
Biden says First Republic depositors protected, calls for stronger bank regulation
WASHINGTON (Reuters) – U.S. President Joe Biden on Monday hailed moves by U.S. regulators to facilitate the sale of First…
Explainer-With Bluesky, Jack Dorsey has another go at Twitter-like service
(Reuters) – Jack Dorsey is taking another whack at a Twitter-like service with a new social media platform called Bluesky….
Citi’s Fraser warns U.S. debt ceiling debate has serious consequences
BEVERLY HILLS (Reuters) – Citigroup chief executive officer Jane Fraser said on Monday that debate about the debt ceiling in…
Subway comes up with $5 billion debt plan to clinch $10 billion-plus sale -sources
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) -The bankers running the sale process for Subway have given the…
One-third of US nurses plan to quit profession – report
By Khushi Mandowara and Leroy Leo (Reuters) – Almost a third of the nurses in the United States are considering…
GM cuts several hundred full-time contract workers
By David Shepardson and Nathan Gomes (Reuters) -General Motors Co on Monday said it had cut several hundred full-time contract…
Japan’s Astellas to buy Iveric Bio for $5.9 billion to expand eyesight treatments
By Rocky Swift TOKYO (Reuters) -Japan’s Astellas Pharma said on Monday it agreed to buy U.S. drugmaker Iveric Bio Inc…