Capital One-Discover deal adds rival to Visa and Mastercard, easing antitrust concerns
By Niket Nishant, Manya Saini and Carolina Mandl (Reuters) -Capital One Financial’s $35.3 billion deal for Discover Financial would create…
Year: 2024
Nvidia dethrones Tesla as Wall Street’s most traded stock
By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its…
US to soften tailpipe rules, slow EV transition through 2030
By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden’s administration is set to ease proposed yearly requirements through 2030 of…
NYCB stock rout prompts US bank regulators to conduct health checks
By Nupur Anand, Pete Schroeder and Matt Tracy NEW YORK/WASHINGTON (Reuters) -U.S. banking regulators have been asking regional lenders whether…
Toyota Industries faces crackdown for engine emissions cheating – Nikkei
(Reuters) – Japan’s transport ministry is preparing action against a Toyota Motor Corp affiliate for cheating engine emissions tests, including…
US awards $1.5 billion to GlobalFoundries for semiconductor production
By Doina Chiacu and David Shepardson WASHINGTON (Reuters) -The U.S. government is awarding $1.5 billion to GlobalFoundries to subsidize semiconductor…
Trump breaks silence on Navalny, casts no blame on Putin
By Doina Chiacu WASHINGTON (Reuters) -Donald Trump, who drew criticism as U.S. president for his praise of Russian leader Vladimir…
Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook
(Reuters) – Goldman Sachs raised its year-end target for the benchmark S&P 500 to 5,200, reflecting roughly a 4% upside…
France cuts 2024 growth forecast as outlook darkens
By Elizabeth Pineau and Geert De Clercq PARIS (Reuters) -French Finance Minister Bruno Le Maire said the government had lowered…
EU poised to fine Apple about 500 million euros, FT reports
(Reuters) -The European Union is set to fine Apple about 500 million euros ($539 million) over alleged breaches of EU…