Costco stock closes for worst day in nearly two years on quarterly revenue miss
By Ananya Mariam Rajesh (Reuters) -Costco’s shares closed down 7.6% on Friday for its worst day since May 2022 after…
North Korea’s Kim guides artillery firing drill in range of Seoul
By Hyunsu Yim SEOUL (Reuters) -North Korean leader Kim Jong Un guided an artillery firing drill by the Korean People’s…
Microsoft warns Russian hackers still trying to break into its systems
By Zeba Siddiqui and Raphael Satter (Reuters) -Microsoft said on Friday that hackers linked to Russia’s foreign intelligence were trying…
State of the Union: Biden vows to raise taxes on wealthy, corporations
By David Lawder WASHINGTON (Reuters) -U.S. President Joe Biden vowed Thursday to raise taxes on wealthy Americans and large companies,…
Costco Wholesale misses revenue estimates on weak discretionary spending
By Aatrayee Chatterjee (Reuters) -Costco Wholesale fell short of Wall Street estimates for quarterly sales on Thursday due to tepid…
Rivian shows off smaller, less expensive EVs, hastens delivery plans
By Chris Kirkham and Abhirup Roy LAGUNA BEACH, California (Reuters) -Rivian on Thursday introduced its smaller, less expensive electric R2…
U.S. lawmakers push for ByteDance to divest TikTok or face ban
By David Shepardson and Michael Martina WASHINGTON (Reuters) -A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give…
Bitcoin soars to record high, then tumbles
By Hannah Lang, Amanda Cooper and Ankur Banerjee WASHINGTON/LONDON/SINGAPORE (Reuters) -Bitcoin touched a record high on Tuesday, fueled by investors…
Meta’s Facebook, Instagram back up after global outage
By Jaspreet Singh and Aditya Soni (Reuters) -Meta-owned Facebook and Instagram were back up on Tuesday after a more than…
Gold carried to record high on wave of momentum with focus on US rates
By Polina Devitt and Ashitha Shivaprasad LONDON (Reuters) – Gold hit a record high on Tuesday, with growing expectation of…