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Category: Business

Apple stock hits record, on cusp of $3 trillion market value
BusinessEconomyTechnologyTop NewsUS

Apple stock hits record, on cusp of $3 trillion market value

By Akash Sriram and Noel Randewich (Reuters) -Apple’s stock climbed to a record high close on Wednesday and was on…

June 28, 2023June 28, 2023
Biden administration raises record $105 million in Nevada solar energy auction
BusinessEnvironmentPoliticsUS

Biden administration raises record $105 million in Nevada solar energy auction

(Reuters) – The Biden administration said on Wednesday it raised $105 million from solar power developers at a lease auction…

June 28, 2023June 28, 2023
AMC, ‘meme’ investors to face off in court over stock conversion
BusinessEconomyUS

AMC, ‘meme’ investors to face off in court over stock conversion

By Jody Godoy (Reuters) – A months-long battle between retail investors and AMC Entertainment Holdings over a stock conversion plan…

June 28, 2023June 28, 2023
FTX begins talks to relaunch international cryptocurrency exchange – WSJ
BusinessEconomyTechnologyUS

FTX begins talks to relaunch international cryptocurrency exchange – WSJ

(Reuters) -Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported…

June 28, 2023July 2, 2023
US FDA declines to approve Regeneron’s higher-dose Eylea, shares tumble
BusinessEuropeHealthTop NewsUS

US FDA declines to approve Regeneron’s higher-dose Eylea, shares tumble

By Khushi Mandowara (Reuters) – U.S. health regulators on Tuesday declined to approve a higher-dose version of Regeneron Pharmaceuticals’ drug…

June 27, 2023June 27, 2023
Tesla charging technology put on fast track to become US standard
BusinessTechnologyUS

Tesla charging technology put on fast track to become US standard

By Hyunjoo Jin and Trevor Hunnicutt (Reuters) -Tesla’s electric-vehicle charging technology is being put on a fast track to become…

June 27, 2023June 27, 2023
How risky is it to extend Canadian mortgage amortizations?
BusinessCanadaEconomy

How risky is it to extend Canadian mortgage amortizations?

By Nivedita Balu and Fergal Smith TORONTO (Reuters) – Canada’s record pace of interest rate hikes has led to the…

June 27, 2023June 27, 2023
Thomson Reuters to acquire legal AI firm Casetext for $650 million
BusinessCanadaEconomy

Thomson Reuters to acquire legal AI firm Casetext for $650 million

(Reuters) -Thomson Reuters said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant…

June 27, 2023June 27, 2023
US consumer confidence races to 17-month high; housing market regaining strength
BusinessEconomyTop NewsUS

US consumer confidence races to 17-month high; housing market regaining strength

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence increased in June to the highest level in nearly 1-1/2 years…

June 27, 2023June 27, 2023
Volvo EVs to now have access to Tesla superchargers
BusinessCanadaCentral AmericaEconomyEuropeLatin AmericaTechnologyUS

Volvo EVs to now have access to Tesla superchargers

(Reuters) – Swedish carmaker Volvo Cars said on Tuesday it had signed an agreement with Tesla to give its electric…

June 27, 2023June 27, 2023

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