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Category: Business

US House to vote next week on TikTok crackdown bill
Business

US House to vote next week on TikTok crackdown bill

By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives will fast-track a vote next week on legislation that would…

March 8, 2024March 8, 2024
Wall Street rallies, S&P 500 posts record closing high
Business

Wall Street rallies, S&P 500 posts record closing high

By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street charged ahead on Thursday, with the S&P 500 rising 1%…

March 7, 2024March 7, 2024
Berkshire’s PacifiCorp ordered to pay at least $29 million to Oregon wildfire victims
Business

Berkshire’s PacifiCorp ordered to pay at least $29 million to Oregon wildfire victims

By Clark Mindock (Reuters) -An Oregon state jury on Tuesday ordered Berkshire Hathaway’s PacifiCorp to pay at least $29.2 million…

March 7, 2024March 7, 2024
Rivian shows off smaller, less expensive EVs, hastens delivery plans
Business

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…

March 7, 2024March 7, 2024
Novo valuation surpasses Tesla on experimental obesity drug data
Business

Novo valuation surpasses Tesla on experimental obesity drug data

By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN (Reuters) -Novo Nordisk on Thursday surpassed Tesla Inc in market valuation after the…

March 7, 2024March 7, 2024
Boeing discloses names of 737 MAX employees after NTSB chair faults cooperation
Business

Boeing discloses names of 737 MAX employees after NTSB chair faults cooperation

By David Shepardson WASHINGTON (Reuters) -Boeing on Wednesday provided U.S. regulators with the names of employees on its 737 MAX…

March 7, 2024March 7, 2024
Tesla shares fall after Morgan Stanley cuts price target on weakening EV demand
Business

Tesla shares fall after Morgan Stanley cuts price target on weakening EV demand

By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla fell for a third day on Wednesday after a closely watched…

March 6, 2024March 6, 2024
Gold extends record run as rate cut bets gain ground
Business

Gold extends record run as rate cut bets gain ground

By Anjana Anil (Reuters) – Gold rallied to a record on Wednesday, building on stellar momentum driven mostly by bets…

March 6, 2024March 6, 2024
Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide
Business

Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide

By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street three major indexes all retreated more than 1% on Tuesday,…

March 6, 2024March 6, 2024
JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle
Business

JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle

By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) -JetBlue Airways and Spirit Airlines scrapped their $3.8-billion merger agreement on Monday,…

March 5, 2024March 5, 2024

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