Phillips 66 in talks for non-core assets sale: CEO
By Mrinalika Roy and Laura Sanicola (Reuters) -U.S. refiner and petrochemical manufacturer Phillips 66 is in active discussions for a…
Year: 2024
Apple slides to eight-week low after second rating downgrade in a week
(Reuters) -Apple continued its struggle in the new year on Thursday, plumbing an eight-week low after Piper Sandler handed the…
Ford posts highest US auto sales since 2020
(Reuters) -Ford Motor on Thursday posted its best annual auto sales in the United States since 2020, fueled by sustained…
US House Republicans plan impeachment hearing for Biden’s border chief
By Ted Hesson and Susan Heavey WASHINGTON (Reuters) -A Republican-led U.S. House of Representatives committee next week will advance an…
SpaceX illegally fired workers critical of Elon Musk, US labor agency says
By Daniel Wiessner (Reuters) -Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully…
US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) – U.S. chip stocks added to a string of losses on Wednesday, with Wall Street’s main…
Intel spins out AI software firm with backing from DigitalBridge
By Stephen Nellis (Reuters) – Intel on Wednesday said it was forming a new independent company around its artificial intelligence…
Investors withdraw $4 billion from hedge funds in November – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) – Hedge fund withdrawals slowed in November as customer interest rose to the highest in…
US Supreme Court’s Roberts urges ‘caution’ as AI reshapes legal field
By John Kruzel WASHINGTON (Reuters) -Artificial intelligence represents a mixed blessing for the legal field, U.S. Supreme Court Chief Justice…
Saudi sovereign wealth fund splashes cash in 2023 – report shows
By Libby George LONDON (Reuters) -Saudi Arabia’s Public Investment Fund accounted for about a quarter of the almost $124 billion…