Tesla cars for first time on Chinese government purchase list
SHANGHAI (Reuters) – Tesla’s best-selling Model Y was included in a list of electric and plug-in hybrid models that a…
Month: July 2024
Skydance Media’s deal to gain control of Paramount could be sealed this weekend, sources say
By Dawn Chmielewski (Reuters) – Skydance Media’s deal to acquire theater operator National Amusements, with its controlling interest in Paramount…
France’s far-right seen falling short of majority in run-off, poll shows
By Dominique Vidalon PARIS (Reuters) -Marine Le Pen’s National Rally (RN) will not win a majority of seats in next…
AbbVie cuts 2024 profit forecast on R&D expenses
(Reuters) -AbbVie lowered its 2024 adjusted profit forecast on Wednesday, citing $937 million in milestones, and research and development expenses…
S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar (Reuters) -The S&P 500 index and technology-laden Nasdaq rose on Wednesday…
US judge’s financial conflict leads to revived lawsuit against big banks
By Jonathan Stempel NEW YORK (Reuters) – A U.S. appeals court threw out the dismissal of an antitrust lawsuit accusing…
Robinhood considering offering crypto futures in US, Europe, Bloomberg reports
(Reuters) – Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News…
GM’s second-quarter US auto sales growth slows
(Reuters) – General Motors on Tuesday posted a slower rise in second-quarter U.S. sales, hurt by lower fleet sales to…
Walmart has held talks to sell its shuttered medical clinics, Fortune reports
(Reuters) – Walmart has held talks with potential buyers to sell its already shuttered medical clinics, Fortune reported on Tuesday,…
Boeing to buy Spirit Aero for $4.7 billion in effort to tackle quality lapses
(Reuters) -Boeing has agreed to buy back Spirit AeroSystems for $4.7 billion in stock, ending the near-two-decade independence of the…