by iwd | Jul 5, 2024 | Business
By Jonathan StempelNEW YORK (Reuters) – A U.S. judge threw out a central claim in a Federal Trade Commission lawsuit accusing Walmart of turning a blind eye to scam artists who used its money transfer services to fleece consumers out of hundreds of millions of...
by iwd | Jul 5, 2024 | Uncategorized
By Howard Schneider(Reuters) – Inflation is easing and the job market has returned to the “tight but not overheated” situation seen before the COVID-19 pandemic threw the U.S. economy into disarray, the Federal Reserve said on Friday in a...
by iwd | Jul 4, 2024 | General
WASHINGTON (Reuters) – Reed Hastings, a major Democratic Party donor and a co-founder of streaming platform Netflix, has called for Democratic U.S. President Joe Biden to step aside as a presidential candidate following his debate performance last week, the New...
by iwd | Jul 4, 2024 | Business
By Joyce LeeSEOUL (Reuters) – Samsung Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices.Operating profit for the world’s...
by iwd | Jul 4, 2024 | Business
By Katya GolubkovaTOKYO (Reuters) – Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than expected, in signs the economy may be cooling in the world’s top oil consuming nation.Brent crude futures...
by iwd | Jul 4, 2024 | Business
SHANGHAI (Reuters) – Tesla’s best-selling Model Y was included in a list of electric and plug-in hybrid models that a local government in China can purchase as a service car, according to the official Chinese media outlet the Paper on Thursday.It was the...
by iwd | Jul 3, 2024 | Business
By Dawn Chmielewski(Reuters) – Skydance Media’s deal to acquire theater operator National Amusements, with its controlling interest in Paramount Global, could be finalized by Monday, sources familiar with the deal process said.Parties are expected to work...
by iwd | Jul 3, 2024 | General
By Dominique VidalonPARIS (Reuters) -Marine Le Pen’s National Rally (RN) will not win a majority of seats in next Sunday’s parliamentary run-off election, according to a poll on Wednesday, suggesting efforts by French mainstream parties to block the far...
by iwd | Jul 3, 2024 | Business
(Reuters) -AbbVie lowered its 2024 adjusted profit forecast on Wednesday, citing $937 million in milestones, and research and development expenses related to acquisitions.The drugmaker has been focusing on expanding its pipeline since its blockbuster arthritis drug,...
by iwd | Jul 3, 2024 | Uncategorized
By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar(Reuters) -The S&P 500 index and technology-laden Nasdaq rose on Wednesday to post record high closes, as data pointing to a softening economy raised hopes the Federal Reserve could cut interest rates in...
