Vietnam EV maker VinFast names founder as CEO, replaces CFO
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast on Saturday named its founder and biggest financial backer,…
Southwestern, Chesapeake Energy close to $17 billion merger – source
(Reuters) -U.S. natural gas producer Chesapeake Energy and peer Southwestern Energy are nearing a merger that would create a nearly…
Fed’s Barkin: Strong US jobs report keeps focus on inflation fight
By Howard Schneider LINTHICUM, Md. (Reuters) -Continued strong U.S. job growth and a low unemployment rate shows the Federal Reserve…
Biden accuses Trump of sacrificing US democracy for power
WASHINGTON (Reuters) – U.S. President Joe Biden accused Donald Trump, his likely rival in the 2024 presidential contest, of sacrificing…
US economy cranks out jobs at brisk clip in December; wages increase
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers hired more workers than expected in December while raising wages at a…
Oil settles lower on massive US fuel inventory builds
By Laura Sanicola (Reuters) -Oil settled lower on Thursday in a choppy see-saw session, as massive weekly gasoline and distillate…
Apple slides to eight-week low after second rating downgrade in a week
(Reuters) -Apple continued its struggle in the new year on Thursday, plumbing an eight-week low after Piper Sandler handed the…
Ford posts highest US auto sales since 2020
(Reuters) -Ford Motor on Thursday posted its best annual auto sales in the United States since 2020, fueled by sustained…
US House Republicans plan impeachment hearing for Biden’s border chief
By Ted Hesson and Susan Heavey WASHINGTON (Reuters) -A Republican-led U.S. House of Representatives committee next week will advance an…
Oil prices settle lower to start 2024 as supply concerns ease
By Georgina McCartney HOUSTON (Reuters) -Oil prices closed the first trading session of 2024 lower as expectations for interest rate…