S&P 500 hits 2023 closing high as Powell strengthens peak rate bets
By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied and the S&P registered its highest close of the year on…
Category: General
Exclusive-Boeing eliminated from US Air Force’s ‘Doomsday Plane’ competition
By Valerie Insinna and Mike Stone WASHINGTON (Reuters) – The U.S. Air Force has eliminated Boeing from its competition to…
Southwest, pilots’ union nearing preliminary labor deal – source
(Reuters) -Southwest Airlines and its pilots’ union were nearing a new labor deal ahead of the holiday season, a person…
SpaceX launches South Korean spy satellite from California
(Reuters) -A SpaceX Falcon 9 rocket carried South Korea’s first spy satellite into orbit on Friday from California’s Vandenberg Space…
Investors flock to US natural gas ETF despite price slump
By Suzanne McGee (Reuters) – Investors have been piling into an exchange-traded fund (ETF) designed to track U.S. natural gas…
Dell misses quarterly revenue estimates on slow PC market recovery
By Harshita Mary Varghese (Reuters) -Dell Technologies on Thursday reported third-quarter revenue below estimates due to a slower-than-expected recovery in…
Starting at $60,990, Tesla’s Cybertruck is priced 50% higher than initial estimate
By Akash Sriram, Hyunjoo Jin and Abhirup Roy (Reuters) -Tesla’s long-delayed Cybertruck will be priced starting at $60,990, over 50%…
Nelson Peltz’s Trian to seek at least three Disney board seats, sources say
By Svea Herbst-Bayliss, Dawn Chmielewski and Samrhitha A (Reuters) -Activist investor Nelson Peltz is pushing ahead with plans to seek…
Pfizer is sued by Texas over COVID vaccine claims
By Jonathan Stempel (Reuters) – Pfizer has been sued by Texas Attorney General Ken Paxton, who on Thursday accused the…
US Congress vows to pass massive defense bill, culture wars loom
By Patricia Zengerle WASHINGTON (Reuters) – U.S. congressional armed services committee leaders vowed on Wednesday that a must-pass $886 billion…