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US stocks end mixed after Fed signals more rate hikes to come
BusinessEconomyUS

US stocks end mixed after Fed signals more rate hikes to come

By Noel Randewich and Sruthi Shankar (Reuters) – U.S. stocks ended mixed on Wednesday after the Federal Reserve kept U.S.…

June 14, 2023June 14, 2023
Shell boosts dividend, steadies oil output under new CEO’s plan
BusinessEconomy

Shell boosts dividend, steadies oil output under new CEO’s plan

By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell said it will ramp up its dividend and share buybacks while…

June 14, 2023June 14, 2023
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
BusinessEconomyScienceTechnologyUS

Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?

(Reuters) – Chip designer Nvidia closed Tuesday with a trillion-dollar market value for the first time, part of a steady…

June 14, 2023June 14, 2023
US stocks end higher as inflation data cements bets on rate hike pause
BusinessEconomyUS

US stocks end higher as inflation data cements bets on rate hike pause

By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq reached their highest closes in 14…

June 13, 2023June 13, 2023
Ryan Cohen scoops up GameStop stock worth $10 million, shares rise
BusinessEconomyTechnologyUS

Ryan Cohen scoops up GameStop stock worth $10 million, shares rise

(Reuters) – Ryan Cohen has bought GameStop stock worth $10 million, a securities filing showed on Tuesday, in a sign…

June 13, 2023June 13, 2023
GM to invest $632 million in Indiana plant for future truck production
BusinessEconomyUS

GM to invest $632 million in Indiana plant for future truck production

By David Shepardson (Reuters) – General Motors plans to invest $632 million in its Fort Wayne, Indiana, assembly facility to…

June 12, 2023June 12, 2023
Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say
BusinessEconomyEuropeTechnologyUS

Exclusive-Broadcom set to win EU nod for $61 billion VMware deal, sources say

By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its…

June 12, 2023June 12, 2023
American, JetBlue urge US judge to allow them to keep codeshare arrangements
BusinessTop NewsUS

American, JetBlue urge US judge to allow them to keep codeshare arrangements

By David Shepardson WASHINGTON (Reuters) – American Airlines and JetBlue Airways asked a U.S. judge late Friday to allow them…

June 12, 2023June 12, 2023
Billionaire George Soros hands control of empire to son Alex
BusinessEconomyPoliticsTop NewsUS

Billionaire George Soros hands control of empire to son Alex

(Reuters) -Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said…

June 12, 2023June 12, 2023
BioNTech faces first German lawsuit over alleged COVID vaccine side effects
BusinessEconomyEuropeHealthTop NewsUS

BioNTech faces first German lawsuit over alleged COVID vaccine side effects

By Ludwig Burger and Patricia Weiss HAMBURG (Reuters) -BioNTech will go to court on Monday to defend itself against a…

June 12, 2023June 12, 2023

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