US weekly jobless claims fall; tight labor market underpinning economy
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, pointing…
US FTC approves deal for natgas producer EQT to buy THQ Appalachia
(Reuters) – EQT Corp, the biggest U.S. natural gas producer, said on Wednesday that it had won antitrust approval to…
Argentina government: IMF had wanted “100%” peso devaluation
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina’s government said on Thursday that major creditor the International Monetary Fund (IMF)…
US leading indicator falls further in July
WASHINGTON (Reuters) – A gauge of future U.S. economic activity dropped for the 16th straight month in July, though the…
Mesa Air can be sued by Muslim men who alleged racial profiling
By Jonathan Stempel (Reuters) – A federal appeals court revived a lawsuit accusing Mesa Air Group of racially profiling two…
Hedge funds slow value exodus as AI hype drives up growth stocks
NEW YORK/LONDON (Reuters) – Hedge funds have slowed their exit from value stocks and small-cap stocks over the past month,…
Coach parent Tapestry forecasts weak 2024 on soft U.S. demand
By Savyata Mishra, Juveria Tabassum and Katherine Masters (Reuters) -Coach parent Tapestry, which agreed to buy Capri last week, forecast…
Payments company Adyen’s shares plummet by a third after earnings miss
By Toby Sterling and Elizabeth Howcroft AMSTERDAM (Reuters) -Dutch payments processor Adyen NV’s shares fell by a third on Thursday,…
BAE snaps up Ball’s aerospace arm for $5.6 billion in its biggest deal ever
By Yadarisa Shabong (Reuters) -Britain’s BAE Systems on Thursday agreed to buy Ball Corp’s aerospace assets for about $5.55 billion…
How U.S. Steel became an acquisition target
By Anirban Sen and David Carnevali NEW YORK (Reuters) – U.S. Steel Corp attracted acquisition interest after short-term challenges, including…