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Month: August 2023

BusinessEconomy

White House Rings Alarm on U.S. Tech Investments in China

  The U.S. administration has tightened its belt on tech investments in China, hinting at an approach that puts national…

August 12, 2023January 29, 2025
Big tech losses sink Nasdaq, S&P as US Treasury yields rise
General

Big tech losses sink Nasdaq, S&P as US Treasury yields rise

By David French (Reuters) – The S&P 500 and the Nasdaq Composite fell on Friday and posted their second straight…

August 11, 2023August 11, 2023
Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
General

Prominent investors rekindle affection for Amazon in Q2 as stock price jumps

By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity…

August 11, 2023August 12, 2023
AMC Entertainment gets approval for revised investor settlement, preferred stock soars
General

AMC Entertainment gets approval for revised investor settlement, preferred stock soars

By Tom Hals and Jody Godoy WILMINGTON, Delaware (Reuters) – A Delaware judge approved AMC Entertainment’s revised stockholder settlement on…

August 11, 2023August 12, 2023
Biden’s ‘ticking time bomb’ remark referred to China’s internal tensions -White House
General

Biden’s ‘ticking time bomb’ remark referred to China’s internal tensions -White House

By Andrea Shalal and Michael Martina WASHINGTON (Reuters) – President Joe Biden’s comment about China being a “ticking time bomb”…

August 11, 2023August 11, 2023
Oil up on record demand forecast, 7th straight weekly gain
General

Oil up on record demand forecast, 7th straight weekly gain

By Shariq Khan BENGALURU (Reuters) -Oil prices edged higher on Friday after the International Energy Agency forecast record global demand…

August 11, 2023August 11, 2023
Retail investors flock to penny stocks WeWork, Amyris, Proterra
General

Retail investors flock to penny stocks WeWork, Amyris, Proterra

By Medha Singh (Reuters) – WeWork, a prized startup just four years ago but now a micro-cap, and other penny…

August 11, 2023August 11, 2023
Microsoft’s role in data breach part of US cyber inquiry -Bloomberg News
General

Microsoft’s role in data breach part of US cyber inquiry -Bloomberg News

(Reuters) – A U.S. cybersecurity advisory panel will investigate risks in cloud computing that will also include Microsoft Corp’s role…

August 10, 2023August 13, 2023
Analysis-US stock gains may grow elusive as boost from inflation slowdown wanes
General

Analysis-US stock gains may grow elusive as boost from inflation slowdown wanes

By Lewis Krauskopf NEW YORK (Reuters) – As inflation worries ease, U.S. stocks may need a fresh source of fuel…

August 10, 2023August 10, 2023
Robinhood defeats investors’ appeal over meme stock frenzy
General

Robinhood defeats investors’ appeal over meme stock frenzy

By Jonathan Stempel (Reuters) – Robinhood Markets on Thursday defeated an appeal by investors over the stock trading platform’s decision…

August 10, 2023August 10, 2023

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