by iwd | May 30, 2024 | General
By Carolina Mandl(Reuters) -Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump as the former U.S. president seeks to return to the White House, a source familiar with the matter said. Ackman plans to announce which candidate he will...
by iwd | May 29, 2024 | Business
By Ananya Mariam Rajesh and Juveria TabassumBest Buy is set to post its tenth consecutive quarter of sales decline on Thursday when the U.S. electronics retailer reports quarterly results, as spending on big-ticket electronics remains pressured despite easing...
by iwd | May 29, 2024 | Business
(Reuters) – Merck on Wednesday agreed to acquire privately held biotech EyeBio for as much as $3 billion, the latest in a string of deals by the US drugmaker to bolster its future growth.It agreed to pay $1.3 billion in cash and another $1.7 billion in future...
by iwd | May 29, 2024 | General
WASHINGTON (Reuters) – Donald Trump is considering tapping billionaire Elon Musk as a policy adviser if the Republican presidential candidate reclaims the White House in November’s election, the Wall Street Journal reported on Wednesday, citing people...
by iwd | May 29, 2024 | Uncategorized
(Reuters) – U.S. economic activity continued to expand from early April through mid-May but firms grew more pessimistic about the future while inflation increased at a modest pace, a U.S. Federal Reserve survey showed on Wednesday, as central bankers mull how...
by iwd | May 28, 2024 | General
By Jack Queen, Luc Cohen and Andy SullivanNEW YORK (Reuters) – Donald Trump’s lawyer urged jurors at his hush money trial on Tuesday to set aside their personal views while considering whether he should be the first U.S. president to be convicted of a...
by iwd | May 28, 2024 | General
By Deena Beasley(Reuters) – As millions seek access to weight-loss drugs from Novo Nordisk and Eli Lilly, increasing supplies, possible wider usage and a growing number of would-be rivals are leading some experts to raise annual global sales forecasts for the...
by iwd | May 28, 2024 | Business
By Zaheer Kachwala(Reuters) – Nvidia’s shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker’s stock market value about $100 billion away from overtaking Apple in a major reshuffle of Wall street’s biggest...
by iwd | May 28, 2024 | Uncategorized
By Laura Matthews and Carolina MandlNEW YORK (Reuters) -U.S. trading on Tuesday moved to a shorter settlement cycle for securities transactions, putting investors and regulators on alert for increased trade failures and other hiccups in the world’s largest financial...
by iwd | May 26, 2024 | Business
BEIJING (Reuters) – Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment by the Korean conglomerate, state news agency Xinhua reported, as foreign businesses in the Chinese market struggle to navigate...
