SAO PAULO (Reuters) -German carmaker Volkswagen said on Thursday it will invest an additional 9 billion reais ($1.83 billion) in its Brazilian business over the next five years and launch 16 new model[...]
Read moreFebruary 2, 2024
S&P 500 surges to record closing high on solid earnings, robust data
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher on Friday and the S&P 500 registered an all-time closing high as strong earnings and a blowout January employment report[...]
Read moreUS regional bank stocks steady after brutal sell-off
By Niket Nishant (Reuters) -U.S. regional bank stocks recovered slightly on Friday after a two-day plunge sparked by investor concerns that New York Community Bancorp’s dismal earnings signaled[...]
Read moreAbbVie raises 2027 sales forecast for new immunology drugs to $27 billion
By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Friday raised its 2027 forecast for sales of its immunology drugs Skyrizi and Rinvoq to $27 billion, up $6 billion from its previous prediction.[...]
Read moreBristol Myers CEO sees mid-decade transition, late decade growth
By Michael Erman (Reuters) -Bristol Myers Squibb’s new chief executive said on Friday that the company was focused on driving growth toward the end of the decade but would first need to weather[...]
Read moreMeta surges with record $196 billion gain in stock market value
By Samrhitha A, Aishwarya Venugopal and Chuck Mikolajczak (Reuters) -Meta Platforms added $196 billion in stock market value on Friday, marking the biggest one-day gain by any company in Wall Street h[...]
Read moreUAW says more than 30% of workers at Alabama Hyundai plant sign union cards
By David Shepardson (Reuters) – The United Auto Workers (UAW) said on Thursday that more than 30% of workers at Hyundai Motor’s Alabama plant had signed cards seeking to join the union. In[...]
Read moreJudge certifies Apple app store class action
By Jonathan Stempel (Reuters) – A federal judge on Friday said tens of millions of Apple customers can pursue a class action accusing the company of monopolizing the market for iPhone apps by ba[...]
Read moreBezos to sell up to 50 million Amazon shares by Jan. 31 next year – filing
(Reuters) -Amazon.com founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm over the next one year, according to a company filing on Friday. The securities[...]
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