Wall St rallies to higher close as inflation data feeds Fed pause hopes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher on Thursday as economic data showed cooling inflation…
Business
Faraday Future pushes back EV deliveries, looking for cash
SAN FRANCISCO (Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric on Thursday pushed back initial deliveries of its…
US aviation authorities may delay some space launches to avoid air traffic disruption
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it may delay some space launches to…
BlackRock sells asset-backed bonds from Credit Suisse’s books- Bloomberg News
(Reuters) -Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss…
Analysis-Twitter’s advertising business seen facing slow recovery
By Sheila Dang (Reuters) – Twitter-owner Elon Musk has said advertisers are returning to the social media platform, but statements…
China’s largest trade fair to re-open in full glory but mood could be sombre
By David Kirton and Ellen Zhang SHENZHEN, China (Reuters) – China’s largest trade expo, the sprawling Canton Fair, will be…
Amazon shareholder proposals hit record for 2nd straight year
By Arriana McLymore NEW YORK (Reuters) -Amazon.com Inc faces 18 shareholder proposals, beating its 2022 record of 15, as environmental,…
World Bank’s new boss must push ahead on reforms, fight poverty-French minister
By David Lawder WASHINGTON (Reuters) – France’s development minister said on Thursday she will tell the World Bank’s expected next…
US says Photoshop maker Adobe to pay $3 million to settle kickback allegations
By Kanishka Singh WASHINGTON (Reuters) -Photoshop maker Adobe Inc has agreed to pay $3 million to settle U.S. kickback allegations…
Fed lending to banks still high, but eases in latest week
By Michael S. Derby (Reuters) – Federal Reserve lending to banks eased further in the latest week, signaling that while…