Biden officials reject Moody’s shift to ‘negative’ outlook, point to Republican ‘dysfunction’
WASHINGTON (Reuters) – Top Biden administration officials on Friday rejected a decision by Moody’s ratings agency to downgrade its U.S.…
Category: General
Boeing data published by Lockbit hacking gang
By James Pearson LONDON (Reuters) -Internal data from Boeing, one of the world’s largest defenceĀ and space contractors, was published online…
Stocks rally, dollar eases as Wall Street shrugs off Powell
By Herbert Lash and Nell Mackenzie NEW YORK/LONDON (Reuters) -The dollar eased and global equities rebounded on Friday as Wall…
Oil prices settle up as Iraq backs more output cuts from OPEC+
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 2% on Friday as Iraq voiced support for OPEC+’s oil…
OpenAI investors see more startup opportunities despite ChatGPT expansion
(This Nov. 9 story has been corrected to say Avery Klemmer is an investor, not a partner, in paragraph 7)…
Drugmaker Novo Nordisk seeks obesity, diabetes ‘bolt-on’ deals
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) – Novo Nordisk wants to buy more companies with drugs in early-…
Meta strikes deal with Tencent to sell VR headset in China – WSJ
(Reuters) – Meta Platforms struck a deal with Tencent Holdings to sell a new, low-cost virtual-reality (VR) headset in China…
Biden backs Tesla, Toyota unionization, slams Trump
By Nandita Bose BELVIDERE, Illinois (Reuters) -President Joe Biden on Thursday backed the United Auto Workers’ efforts to unionize carmakers…
Nvidia plans to release three new chips for China – analysts
By Stephen Nellis, Max A. Cherney and Fanny Potkin SAN FRANCISCO (Reuters) -Nvidia plans to release new artificial intelligence chips…
Traders now see Fed starting rate cuts later in 2024Ā
Traders of futures contracts that track expectations for the Federal Reserve’s policy rate pushed out bets on the U.S. central…