(Reuters) – Fertilizer maker CF Industries reported on Wednesday that fourth-quarter profit slumped 68%, as lower prices of its products weighed on earnings. The company said its net earnings fe[...]
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February 14, 2024
Berkshire trims Apple, sheds four stocks, mum on new investment
By Jonathan Stempel (Reuters) -Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four common stock holdings, and kept investors guessing on what could be a major new[...]
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Australia’s South32 approves $2.16 billion investment for Hermosa’s Taylor deposit
(Reuters) – Australia’s South32 said on Thursday it has approved $2.16 billion for the development of Taylor zinc-lead deposit, its first mine at the Hermosa project in Arizona, United Sta[...]
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Stocks rise as traders assess rate outlook, dollar weakens vs yen
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes edged higher while Treasury yields slipped on Wednesday as investors tried to assess the timing of possible interest rate cuts[...]
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Uber, Lyft drivers strike across US, demanding fairer pay
By Akash Sriram (Reuters) -Drivers for Uber Technologies, Lyft and delivery workers for DoorDash were staging a strike on Wednesday, seeking fair pay and better treatment. Workers say the rideshare an[...]
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Microsoft says it caught hackers from China, Russia and Iran using its AI tools
By Raphael Satter WASHINGTON (Reuters) – State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, accord[...]
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Musk, Tesla shareholder to propose a stay of pay ruling during appeal
By Tom Hals and Jody Godoy (Reuters) – Elon Musk and the Tesla shareholder who won a verdict last month voiding the CEO’s $56-billion pay package will ask a judge to pause her ruling until[...]
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Despite weak lithium prices, Albemarle beats on cost cuts
(Reuters) – Albemarle, the world’s largest lithium producer, posted a better-than-expected adjusted quarterly profit on Wednesday as aggressive cost cuts helped offset plunging prices for[...]
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TSX notches biggest gain in two months as tech rallies
By Fergal Smith (Reuters) -Canada’s main stock index on Wednesday clawed back much of the previous day’s sharp decline as technology and industrial shares led broad-based gains for the mar[...]
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