Wall Street surges to close higher, powered by upbeat earnings, guidance
By Stephen Culp NEW YORK (Reuters) – Wall Street ended higher on Tuesday as a spate of solid corporate earnings…
Category: Business
Apple to hold special event on Oct. 30 dubbed ‘Scary Fast’
(Reuters) – IPhone maker Apple said on Tuesday it will hold a special event named “Scary Fast” on Oct. 30.…
Chevron to buy Hess for $53 billion in latest oil mega-merger
By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) – Chevron has agreed to buy Hess for $53 billion in stock…
Bitcoin soars to 1-1/2-year high on ETF bets
By Hannah Lang and Kanjyik Ghosh (Reuters) – Bitcoin soared 10% to 1-1/2 year highs on Monday, and crypto-linked stocks…
Lockheed exits Air Force tanker competition, lifting Boeing’s KC-46
By Valerie Insinna and Mike Stone WASHINGTON (Reuters) -Lockheed Martin Corp has withdrawn from the U.S. Air Force’s competition to…
Billionaire investor Ackman says ‘covered our bond short’
(Reuters) – Bill Ackman’s hedge fund Pershing Square Capital Management has covered its bond short position, the billionaire investor posted…
Graphite buyers to boost imports ahead of China’s curbs – analysts
By Polina Devitt and Amy Lv LONDON/BEIJING (Reuters) -Some graphite consumers will aim to accelerate imports of the EV battery…
Investors seek shelter as U.S. stocks grow more turbulent
By Lewis Krauskopf NEW YORK (Reuters) – Growing volatility in U.S. stocks is driving a search for defensive assets, though…
UAW presses Detroit automakers for better offer, threatens more walkouts
By Joseph White and Ben Klayman DETROIT (Reuters) -United Auto Workers President Shawn Fain on Friday warned of more walkouts…
US budget gap soars to $1.7 trillion, largest outside COVID era
By David Lawder WASHINGTON (Reuters) -The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a…