Wall St ends sharply lower as hot inflation sparks sell-off
By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…
Category: General
Biogen sees flat 2024 sales, pick up in Alzheimer’s drug demand
By Manas Mishra and Sriparna Roy (Reuters) -Biogen on Tuesday forecast flat 2024 product revenue as top-selling drugs face tough…
GlobalFoundries forecasts hit as chip customers seek advanced processes, clear inventory
(Reuters) -GlobalFoundries forecast its first quarter below market estimates on Tuesday, as some customers continue to clear excess chip inventory…
NYCB shares end lower as earlier gains evaporate
(Reuters) -New York Community Bancorp shares gave up earlier gains to close with a small loss on Monday, though some…
Spirit Airlines uncertainty has some pilots dusting off their resumes
By Allison Lampert and Rajesh Kumar Singh (Reuters) – Some pilots at Spirit Airlines are worried and scouring for other…
Arm Holdings jumps over 40%, adds to staggering AI-powered rally
By Noel Randewich (Reuters) – Shares of Arm Holdings surged more than 40% on Monday, adding to a staggering rally…
Aramco shareholders to decide on selling more shares in 2024 – CEO
DUBAI (Reuters) – Shareholders will decide if Saudi state-oil giant Aramco will sell more shares in 2024, CEO Amin Nasser…
Tesla temporarily slashes prices for some Model Y cars in the US
(Reuters) -Tesla Inc has temporarily cut prices of some of its Model Y cars in the U.S. until Feb. 29,…
U.S.-led coalition blocks attacks at Conoco oil field in Syria -source
BEIRUT (Reuters) -Air defence systems operated by U.S.-led coalition troops based in eastern Syria halted six drone attacks targeting their…
Exclusive-Cisco to cut thousands of jobs as it seeks to focus on high growth areas -sources
By Utkarsh Shetti and Supantha Mukherjee (Reuters) -Network giant Cisco is planning to restructure its business which will include laying…