By Ross Kerber BOSTON (Reuters) – Tesla Inc investor Ross Gerber said on Friday he will end his run for the electric carmaker’s board of directors, citing changes investors can expect to s[...]
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February 24, 2023
Wall St ends sharply down, posts biggest weekly drop of 2023
By David French (Reuters) – Wall Street’s main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rat[...]
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Morgan Stanley is cooperating with U.S. regulators on block-trading probe
By Saeed Azhar (Reuters) -putting down for reporter to check background on Archegos-dg Morgan Stanley said it was cooperating with U.S. regulators over investigations into its block-trading practices[...]
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U.S. govt clears F-35 engine deliveries after safety concerns addressed
(Reuters) – Raytheon Technologies Corp said on Friday the U.S. government has cleared its Pratt and Whitney unit to resume deliveries of its F-135 engine for the F-35 fighter jet, after a halt w[...]
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Moderna to make milestone payments to NIH for COVID vaccine
(Reuters) – Moderna Inc will make certain contingent development, commercial and regulatory milestone payments to the U.S. National Institutes of Health (NIH) related to the development of COVID[...]
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U.S. formally ends fight against Meta’s purchase of VR content maker
WASHINGTON (Reuters) -The U.S. government said on Friday it was formally ending its effort to stop Facebook parent Meta Platforms Inc from buying virtual reality (VR) content maker Within Unlimited. T[...]
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Boeing shares fall after new Dreamliner delivery halt
By Abhijith Ganapavaram and Valerie Insinna (Reuters) -Shares of Boeing Co fell nearly 5% on Friday after the U.S. planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentat[...]
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Further Fed hikes expected after data dashes ‘disinflation’ hopes
By Michael S. Derby and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) -Expectations that the U.S. Federal Reserve will need to push interest rates higher and keep them elevated longer than previously pr[...]
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Global stocks fall, U.S. yields rise after strong economic data
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell while U.S. Treasury yields rose on Friday following stronger-than-expected economic data that stoked worries the Federal Reserve will pr[...]
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