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…
Year: 2024
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…
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…
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…
Trump lawyer asks jurors to set politics aside as hush money trial nears end
By Jack Queen, Luc Cohen and Andy Sullivan NEW YORK (Reuters) – Donald Trump’s lawyer urged jurors at his hush…
Analysis-Weight-loss drug forecasts jump to $150 billion as supply grows
By Deena Beasley (Reuters) – As millions seek access to weight-loss drugs from Novo Nordisk and Eli Lilly, increasing supplies,…
AI darling Nvidia’s market value surges closer to Apple
By Zaheer Kachwala (Reuters) – Nvidia’s shares rallied around 6% to hit a record high on Tuesday, leaving the AI…
Wall Street ushers in new era of faster trade settlement
By Laura Matthews and Carolina Mandl NEW YORK (Reuters) -U.S. trading on Tuesday moved to a shorter settlement cycle for…
Samsung encouraged to invest more in China, Premier Li Qiang says
BEIJING (Reuters) – Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment…
Trump booed and heckled by raucous crowd at Libertarian convention
(Please note language in paragraph 18 that readers may find offensive) By Tim Reid WASHINGTON (Reuters) – Presidential candidate Donald…