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Category: Economy

AstraZeneca’s Tagrisso slashes death risk in certain post-surgery lung cancer patients
BusinessEconomyEuropeHealthUK

AstraZeneca’s Tagrisso slashes death risk in certain post-surgery lung cancer patients

By Natalie Grover LONDON (Reuters) – AstraZeneca’s lung cancer therapy, Tagrisso, cut the risk of death by more than half…

June 4, 2023June 4, 2023
Airlines say ready to avoid repeat of summer travel chaos
BusinessEconomyEntertainment and LifestyleEuropeUS

Airlines say ready to avoid repeat of summer travel chaos

ISTANBUL (Reuters) – Airlines said on Sunday they are ready to avoid a repeat of last year’s travel chaos, but…

June 4, 2023June 4, 2023
Surging US megacap stocks leave some wondering when to cash out
BusinessEconomyUS

Surging US megacap stocks leave some wondering when to cash out

By Lewis Krauskopf NEW YORK (Reuters) -As the U.S. stock market continues its climb, investors holding shares of the massive…

June 4, 2023June 4, 2023
Exclusive-Walt Disney’s Pixar targets ‘Lightyear’ execs among 75 job cuts
BusinessEconomyEntertainment and LifestyleUS

Exclusive-Walt Disney’s Pixar targets ‘Lightyear’ execs among 75 job cuts

By Dawn Chmielewski (Reuters) -Walt Disney’s Pixar Animation Studios has eliminated 75 positions including those of two executives behind box…

June 3, 2023June 3, 2023
Biden cheers debt ceiling ‘crisis averted’ from Oval Office
BusinessEconomyElectionsPoliticsTop NewsUS

Biden cheers debt ceiling ‘crisis averted’ from Oval Office

By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden declared a “crisis averted” on Friday in his…

June 3, 2023June 3, 2023
3M reaches tentative $10 billion pollution settlement with US cities – Bloomberg News
BusinessEconomyEnvironmentUS

3M reaches tentative $10 billion pollution settlement with US cities – Bloomberg News

By Clark Mindock and Brendan Pierson (Reuters) – 3M Co has struck a tentative settlement of at least $10 billion…

June 2, 2023June 2, 2023
Oil up over 2% after US debt deal and jobs data; focus turns to OPEC+
AsiaBusinessEconomy

Oil up over 2% after US debt deal and jobs data; focus turns to OPEC+

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose over 2% on Friday after the U.S. Congress passed a debt…

June 2, 2023June 2, 2023
Banks stocks gain after US Congress averts historic debt default
BusinessEconomyUS

Banks stocks gain after US Congress averts historic debt default

(Reuters) – Shares of U.S. banks rose on Friday after the U.S. Senate on Thursday passed bipartisan legislation that lifted…

June 2, 2023June 2, 2023
McCarthy’s moment: Debt ceiling vote secures Republican US House speaker’s standing
EconomyElectionsPoliticsTop NewsUS

McCarthy’s moment: Debt ceiling vote secures Republican US House speaker’s standing

By David Morgan WASHINGTON (Reuters) – Kevin McCarthy earned his stripes as Republican speaker of the U.S. House of Representatives…

June 1, 2023June 1, 2023
Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer
BusinessEconomyUS

Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer

By Herbert Lash and Shreyashi Sanyal (Reuters) – The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday…

June 1, 2023June 1, 2023

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