Qualcomm approached Intel about a takeover in recent days, WSJ reports
(Reuters) -Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing…
Year: 2024
Union Pacific expects revenue to grow faster than volumes over next three years
(Reuters) – U.S. railroad Union Pacific said on Thursday it expects its revenue to grow faster than volumes over the…
Boeing furloughs begin on Friday for thousands in Pacific Northwest
(Reuters) – Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than…
US existing home sales drop in August; supply improves
WASHINGTON (Reuters) – U.S. existing home sales fell more than expected in August as house prices remained elevated despite a…
US-listed crypto stocks jump after bumper rate cut from Fed
By Niket Nishant (Reuters) – U.S.-listed crypto shares jumped before the open on Thursday after a half-percentage point interest rate…
Delta to pause flights between New York and Tel Aviv
(Reuters) – Delta Air Lines said on Thursday it will pause its flights between New York-JFK and Tel Aviv through…
BMO raises S&P 500 target for 2024 to 6,100 from 5,600
NEW YORK (Reuters) – BMO Capital Markets on Thursday said it was raising its S&P 500 target for 2024 to…
Facebook parent Meta Platforms beats lawsuit over Apple privacy, Sandberg disclosures
By Jonathan Stempel (Reuters) – Meta Platforms won the dismissal of a lawsuit claiming it defrauded shareholders by concealing how…
Google urges tribunal to throw out $9.3 billion UK lawsuit over search ‘dominance’
LONDON (Reuters) – Google parent Alphabet on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses…
US single-family homebuilding surges, rising supply a near-term constraint
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits…