By Zaheer Kachwala (Reuters) -HP Inc tempered expectations for annual profit on Tuesday, as it grapples with a more than a year-long slump in the personal computers segment and sluggish demand in key[...]
Read moreAugust 29, 2023
Wall St rallies, Treasury yields retreat as data hints at potential Fed pause
By Stephen Culp NEW YORK (Reuters) – Wall Street surged on Tuesday and Treasury yields dropped amid light, pre-holiday trading as a smattering of weak data had investors rejiggering their expect[...]
Read moreGoogle unveils enterprise AI tools, new AI chip
By Max A. Cherney SAN FRANCISCO (Reuters) – Google unveiled a swath of fresh artificial-intelligence technology and partnerships on Tuesday that were geared toward bringing more of the growing t[...]
Read moreS&P Global downgrades Rite Aid on restructuring risk
(Reuters) – S&P Global Ratings on Tuesday downgraded Rite Aid Corp to “CCC-minus” from “CCC-plus” on increased risk from restructuring. The downgrade is based on the[...]
Read moreNew Zealand house prices to rise again on supply shortage, rate cut hopes: Reuters poll
By Anant Chandak BENGALURU (Reuters) – New Zealand house prices are forecast to rise again next year due to an ongoing supply shortage and expectations for interest rate cuts, according to a Reu[...]
Read moreTesla faces more questions from feds on Autopilot safety
By Hyunjoo Jin and Joseph White (Reuters) -The U.S. auto safety regulator investigating Tesla’s Autopilot driver assistance system is demanding an explanation for a software change that allows d[...]
Read moreUS court says SEC wrong to deny Grayscale’s spot bitcoin ETF proposal
By Hannah Lang WASHINGTON (Reuters) -The U.S. securities regulator was wrong to reject an application from Grayscale Investments to create a spot bitcoin exchange-traded fund, a federal appeals court[...]
Read moreU.S. banks to raise $70 billion in debt under draft rules aimed at mitigating failures
By Pete Schroeder WASHINGTON (Reuters) -Large regional banks would have to issue roughly $70 billion in fresh debt under a new rule proposed Tuesday by U.S. banking regulators, part of a broader effor[...]
Read moreDollar drops on jobs data, yen rises from 10-month low
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar fell on Tuesday after data showed that U.S. job openings fell in July, as investors await more comprehensive labor market numbers in this w[...]
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