Rite Aid bankruptcy plan approved, cutting $2 billion in debt
By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Friday approved Rite Aid’s restructuring plan, allowing the…
Author: Wall St Mavens
Meta must face lawsuit claiming it prefers foreign workers over US citizens
By Daniel Wiessner (Reuters) -A U.S. appeals court on Thursday revived a software engineer’s proposed class action claiming Meta Platforms…
Webtoon’s Nasdaq debut sees shares jump 14%
(Reuters) – Shares of online comics platform Webtoon Entertainment surged as much as 14.3% above their initial public offering price…
CNN bans White House pool reporters from debate room
WASHINGTON (Reuters) – The White House Correspondents’ Association said on Thursday CNN has rejected multiple requests to include White House…
Elon Musk won $56 billion payday because of vote, Tesla argues in court
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion…
Boeing resuming widebody airplane deliveries to China, source says
By Allison Lampert, David Shepardson SEATTLE/WASHINGTON (Reuters) -Boeing is resuming widebody jet deliveries to China which were halted in recent…
Levi Strauss posts quarterly revenue miss, maintains annual forecasts
(Reuters) -Levi Strauss fell short of market expectations for second-quarter revenue on Wednesday and maintained its annual earnings forecast, taking…
US Supreme Court narrows reach of federal corruption law
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court sided on Wednesday with a former mayor of an Indiana…
Dollar hits 38-year high vs yen; US stocks rise
By Caroline Valetkevitch NEW YORK (Reuters) -The U.S. dollar on Wednesday hit its highest level against the Japanese yen in…
Nvidia’s shares surge over 5% after $430 billion market slump
By Chibuike Oguh NEW YORK (Reuters) – Shares of Nvidia were up over 5% on Tuesday, poised to snap a…