By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set to end the week strongly following risk-friendly mo[...]
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September 14, 2023
Wall Street rallies, dollar surges as data cements Fed pause bets
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher and the greenback jumped on Thursday as robust economic data failed to budge expectations that the Federal Reserve will leav[...]
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How SoftBank played it safe in pricing Arm’s IPO
By Echo Wang and Anirban Sen (Reuters) – SoftBank Group CEO Masayoshi Son was in San Francisco on Wednesday when he joined a call with his bankers in New York to make a final decision about his[...]
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Southwest Airlines ‘very prepared’ for winter – CEO
(Reuters) – Southwest Airlines said on Thursday it was better-prepared to handle upcoming winter weather thanks to the low-cost carrier’s “big investments” in improving de-icin[...]
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Lennar profit beats as tight home supply boosts construction demand
(Reuters) -Homebuilder Lennar on Thursday reported third-quarter profit above Wall Street targets as historically low home inventories in the market supported demand for new constructions while easing[...]
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Auto union chief Shawn Fain quotes Malcolm X, shines on Facebook as takes on Detroit Three
By Joseph White DETROIT (Reuters) – With just over 30 hours to go before a strike deadline he set, United Auto Workers President Shawn Fain on Wednesday rolled out the latest, unprecedented twis[...]
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Adobe forecasts fourth-quarter profit above estimates on AI strength
(Reuters) – Photoshop software maker Adobe forecast current-quarter profit above Wall Street estimates on Thursday, after beating revenue estimates for the third quarter on strong demand for its[...]
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US House panel to question Buttigieg at oversight hearing
By David Shepardson WASHINGTON (Reuters) – The House of Representatives Transportation and Infrastructure Committee on Thursday said it will question U.S. Transportation Secretary Pete Buttigieg[...]
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Ford CEO says UAW proposal could force bankruptcy
(Reuters) – Ford Motor Chief Executive Jim Farley said Thursday the United Auto Workers union proposal to hike wages by 40%, cut workweeks and add new pension benefits could bankrupt the company[...]
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