By Anna Tong (Reuters) -Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs, the company said in a regulatory filing and internal compan[...]
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January 8, 2024
Nvidia rallies to record high as chipmaker announces AI-related components
(Reuters) – Shares of Nvidia surged to a record high close on Monday after the world’s most valuable chipmaker unveiled new desktop graphics processors taking advantage of artificial intel[...]
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JetBlue names insider Joanna Geraghty CEO
(Reuters) -JetBlue Airways on Monday named Joanna Geraghty as its CEO, succeeding Robin Hayes who spearheaded the $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines Geraghty, who has h[...]
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United Airlines finds loose bolts in Boeing 737 MAX planes
(Reuters) – United Airlines has found loose bolts on multiple 737 MAX 9 aircraft, it said on Monday, referring to the Boeing model grounded after a cabin panel blew off an Alaska Airlines-operat[...]
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Jefferies profit misses expectations on dealmaking lull
By Lananh Nguyen and Arasu Kannagi Basil (Reuters) -Jefferies Financial Group reported a smaller-than-expected fourth-quarter profit on Monday, as lingering economic uncertainty kept dealmaking in che[...]
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Boeing shares tumble after US grounds some 737 MAX jets
By Joanna Plucinska, Abhijith Ganapavaram and Tim Hepher (Reuters) -Boeing shares plunged to close 8% lower on Monday following the temporary grounding of some of its best-selling 737 MAX jets by the[...]
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Stocks rise with tech-related share boost; oil falls on Saudi price cuts
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes rose on Monday with gains in U.S. tech-related shares driving a more than a 2% jump in the Nasdaq, while U.S. oil prices dropped 4% as[...]
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US Supreme Court rejects challenge to California flavored tobacco ban
By Nate Raymond (Reuters) -The U.S. Supreme Court on Monday declined to hear R.J. Reynolds Tobacco Company’s challenge to a voter-approved measure in California that banned flavored tobacco prod[...]
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Fed policy rate appears ‘sufficiently restrictive’: Bowman
(Reuters) -Federal Reserve Governor Michelle Bowman on Monday retreated from her persistently hawkish view, saying she now sees U.S. monetary policy as “sufficiently restrictive” and signa[...]
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