By Daniel Wiessner (Reuters) – A new lawsuit accusing SpaceX of illegally refusing to hire asylum recipients and refugees could be an important test of the U.S. government’s stance that na[...]
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August 25, 2023
Indexes end higher in volatile trade as investors assess Powell speech
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended a volatile session higher on Friday as investors digested comments from Federal Reserve Chair Jerome Powell that the U.S. central[...]
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Fed’s Powell: higher rates may be needed, will move ‘carefully’
By Howard Schneider and Ann Saphir JACKSON HOLE, Wyoming (Reuters) -The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Frida[...]
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Historically stormy month of September may test US stock rally
By David Randall NEW YORK (Reuters) – U.S. stock investors are bracing for a potentially volatile September as the market faces key economic data reports, a Federal Reserve meeting and worries o[...]
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Private equity firm Veritas makes takeover offer for BlackBerry -source
By Greg Roumeliotis (Reuters) -Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd, according to a person familiar with the matter, months after the Canadian technology company[...]
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No appetite at Fed, ECB for changing inflation goal
JACKSON HOLE, Wyoming (Reuters) – Any thoughts that the 2% inflation goal long sought by the U.S. Federal Reserve and the European Central Bank might possibly be in for a tweaking were dashed on[...]
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Cybersecurity startup Wiz considers potential bid for SentinelOne
(Reuters) -Cybersecurity startup Wiz said on Friday it is considering a potential bid for SentinelOne after the $4.9 billion company started exploring strategic options. SentinelOne has struggled to b[...]
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Shares rise as Fed weighs inflation risks, yields steady
By Samuel Indyk and Koh Gui Qing NEW YORK/LONDON (Reuters) -World stocks eked out gains on Friday as investors, shrugging off bets for a more dovish tone, took comfort from a balanced message from the[...]
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Exclusive-Twinkies maker Hostess Brands explores sale amid takeover interest -sources
By Anirban Sen and Abigail Summerville NEW YORK (Reuters) -Hostess Brands Inc, the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, peo[...]
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