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Day: July 3, 2023

US manufacturing slump deepens, factory gate price pressures subdued
BusinessEconomyUS

US manufacturing slump deepens, factory gate price pressures subdued

By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing slumped further in June, reaching levels last seen when the nation was…

July 3, 2023July 3, 2023
Musk’s Twitter rate limits could undermine new CEO, ad experts say
BusinessEconomyTechnology

Musk’s Twitter rate limits could undermine new CEO, ad experts say

By Jody Godoy (Reuters) -Elon Musk’s move to temporarily cap how many posts Twitter users can read on the social…

July 3, 2023July 3, 2023
BofA, Citi ask Fed to clarify bank stress test results
BusinessEconomyUS

BofA, Citi ask Fed to clarify bank stress test results

By Saeed Azhar NEW YORK (Reuters) -Bank of America and Citigroup said on Monday they had begun a dialogue with…

July 3, 2023July 3, 2023
Exclusive-Microsoft faces EU antitrust probe after remedies fall short, sources say
BusinessEconomyEuropeTechnologyUS

Exclusive-Microsoft faces EU antitrust probe after remedies fall short, sources say

By Foo Yun Chee BRUSSELS (Reuters) -Microsoft is likely to face a European Union antitrust investigation in the coming months…

July 3, 2023July 3, 2023
Tesla extends blistering rally after quarterly deliveries beat
AsiaBusinessEconomyEuropeTechnologyUS

Tesla extends blistering rally after quarterly deliveries beat

By Aditya Soni (Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon…

July 3, 2023July 3, 2023
Wall St ends slightly higher in shortened session, Tesla jumps
BusinessEconomyUS

Wall St ends slightly higher in shortened session, Tesla jumps

By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended with slim gains…

July 3, 2023July 3, 2023
Oil settles lower as economic jitters outweigh supply cuts
BusinessEconomyEuropeMiddle EastUKUS

Oil settles lower as economic jitters outweigh supply cuts

By Laura Sanicola (Reuters) -Oil prices settled down 1% on Monday as worries about a slowing global economy and possible…

July 3, 2023July 3, 2023
Samsung sues Chinese rival over alleged patent violation on iPhone displays
AsiaBusinessTechnologyUS

Samsung sues Chinese rival over alleged patent violation on iPhone displays

By Hyunjoo Jin SAN FRANCISCO (Reuters) – South Korea’s Samsung Display has filed a lawsuit against BOE Technology, accusing the…

July 3, 2023July 3, 2023
Apple to ask US Supreme Court to undo App Store order in Epic Games case
BusinessEconomyTechnologyUS

Apple to ask US Supreme Court to undo App Store order in Epic Games case

By Mike Scarcella WASHINGTON (Reuters) – Apple said on Monday it will ask the U.S. Supreme Court to hear its…

July 3, 2023July 3, 2023
Coinbase surges after Cboe names crypto exchange in bitcoin ETF application
BusinessEconomyTechnologyUS

Coinbase surges after Cboe names crypto exchange in bitcoin ETF application

By Chibuike Oguh NEW YORK (Reuters) – Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after…

July 3, 2023July 3, 2023

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