by iwd | May 14, 2024 | Business
By Joey RouletteWASHINGTON (Reuters) -Boeing’s first Starliner mission carrying astronauts into space has been delayed again – until at least May 21 – over an issue with the spacecraft’s propulsion system, the company said on...
by iwd | May 14, 2024 | Business
By Sruthi Shankar and Medha Singh (Reuters) – GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of “the meme stock frenzy” that gripped Wall Street three years ago, following social media posts from the...
by Reuters | May 13, 2024 | General
By Medha Singh and Laura Matthews (Reuters) -Shares of videogame retailer GameStop surged nearly 75% on Monday after “Roaring Kitty”, an account associated with a social media finance influencer credited with sparking the 2021 meme stock rally, returned to...
by Reuters | May 13, 2024 | General
By Niket Nishant (Reuters) -Zest Protocol, a bitcoin lending startup with just six employees, has secured $3.5 million in a funding round led by billionaire investor Tim Draper. Besides venture capital firm Draper Associates, nearly a dozen investors participated in...
by Reuters | May 13, 2024 | General
(Reuters) -Tylenol maker Kenvue said on Monday that Johnson & Johnson will sell its remaining 9.5% stake in the company, about a year after the healthcare conglomerate spun off and listed its consumer health business. Based on Kenvue stock’s last close, the...
by Reuters | May 13, 2024 | General
By Siddharth Cavale and Noel Randewich NEW YORK (Reuters) – Walmart’s earnings amid signs of weaker discretionary spending could add fuel to a rally that has propelled its shares to record highs, or potentially spook investors looking to justify the...
by Reuters | May 13, 2024 | General
(This May 11 story has been refiled to say IAM, instead of AIM, in paragraph 1) (Reuters) – Workers at Apple’s store in Towson, Maryland, have voted in favor of authorizing a strike, the International Association of Machinists and Aerospace Workers (IAM)...
by Reuters | May 12, 2024 | General
(Reuters) -SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday. UK-based Arm will set up an AI chip division and aim to build a prototype by spring 2025,...
by Reuters | May 12, 2024 | General
PARIS (Reuters) – U.S. internet giant Amazon will announce a new 1.2 billion euros ($1.3 billion) investment in France, the French presidency said on Sunday ahead of the start of the country’s annual “Choose France” event. It added that GSK...
by Reuters | May 11, 2024 | General
BEIJING (Reuters) – Industrial and Commercial Bank of China said it would issue 30 billion yuan ($4.15 billion) worth of total loss-absorbing capacity (TLAC) bonds on May 15, marking the first issuance of such bonds by a Chinese bank. China’s major...
