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Day: May 29, 2024

Best Buy set for tenth straight quarter of sales drop on weak electronics spending
Business

Best Buy set for tenth straight quarter of sales drop on weak electronics spending

By Ananya Mariam Rajesh and Juveria Tabassum Best Buy is set to post its tenth consecutive quarter of sales decline…

May 29, 2024
Merck to buy eye-focused drug developer EyeBio for as much as $3 billion
Business

Merck to buy eye-focused drug developer EyeBio for as much as $3 billion

(Reuters) – Merck on Wednesday agreed to acquire privately held biotech EyeBio for as much as $3 billion, the latest…

May 29, 2024
Elon Musk could become policy adviser if Trump wins election, WSJ reports
General

Elon Musk could become policy adviser if Trump wins election, WSJ reports

WASHINGTON (Reuters) – Donald Trump is considering tapping billionaire Elon Musk as a policy adviser if the Republican presidential candidate…

May 29, 2024
US firms grow more pessimistic on economic outlook, Fed survey shows

US firms grow more pessimistic on economic outlook, Fed survey shows

(Reuters) – U.S. economic activity continued to expand from early April through mid-May but firms grew more pessimistic about the…

May 29, 2024

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