Analysis-Moody’s downgrade intensifies investor worry about US fiscal path
By Davide Barbuscia NEW YORK (Reuters) -A U.S. sovereign downgrade by Moody’s has exacerbated investor worries about a looming debt time-bomb…
US Treasury’s Bessent to attend G7 finance meeting, focus on imbalances
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders’ meeting in…
Capital One to pay $425 million to settle litigation over savings accounts
By Jonathan Stempel (Reuters) -Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating…
US FAA to announce temporary flight cuts at Newark after airline meetings
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said Friday it plans to announce proposed temporary cuts to flights…
Tesla blocks stockholders with less than 3% shares from suing officers on its behalf
(Reuters) -Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf…
Nvidia CEO says next chip after H20 for China won’t be from Hopper series
By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits…
UnitedHealth investors wary and looking for Medicare strategic change
By Amina Niasse NEW YORK (Reuters) -UnitedHealth Group investors, stunned by missteps at the once predictable healthcare giant, are warily…
Global equity fund inflows surge on trade optimism, inflation relief
(Reuters) -Global equity funds attracted the largest weekly inflow in seven weeks in the week through May 14, buoyed by…
Obesity drug maker Novo Nordisk ousts CEO as competition weighs
COPENHAGEN (Reuters) – Wegovy-maker Novo Nordisk said on Friday its CEO Lars Fruergaard Jorgensen will step down over concerns the…
Tesla to add Chipotle executive Jack Hartung to board
(Reuters) – Tesla will add Chipotle executive Jack Hartung to its board of directors and audit committee in June, the…