By Dawn Chmielewski (Reuters) -Rupert Murdoch, 92, got engaged to his girlfriend, Elena Zhukova, a spokesman said on Thursday, which would mark his fifth trip down the aisle. The wedding will be held[...]
Read moreMarch 7, 2024
US consumer agency sued by banks, US Chamber over credit card late fee cap
By Jonathan Stempel (Reuters) – The Consumer Financial Protection Bureau was sued on Thursday over its new rule capping late fees on credit cards at $8, which banking groups and the U.S. Chamber[...]
Read moreWall Street rallies, S&P 500 posts record closing high
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street charged ahead on Thursday, with the S&P 500 rising 1% to a record closing high while the Nasdaq composite finished up 1.5%, with the[...]
Read moreGap’s upbeat quarterly results show improving demand for Old Navy apparel
By Ananya Mariam Rajesh and Katherine Masters (Reuters) -Gap beat Wall Street expectations for fourth-quarter results on Thursday, buoyed by strong demand on improved product offerings at its Old Navy[...]
Read moreBerkshire’s PacifiCorp ordered to pay at least $29 million to Oregon wildfire victims
By Clark Mindock (Reuters) -An Oregon state jury on Tuesday ordered Berkshire Hathaway’s PacifiCorp to pay at least $29.2 million to nine homeowners and a summer camp whose properties were damag[...]
Read moreUS NTSB probes ‘stuck’ rudder pedal issue on Boeing 737 MAX 8 flight
By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board (NTSB) is investigating a United Airlines Boeing 737 MAX 8 flight last month that experienced “stuck” rud[...]
Read moreHike tariffs on Chinese EVs, Senate Democrats urge Biden administration
By David Shepardson WASHINGTON (Reuters) -Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to addres[...]
Read moreRivian shows off smaller, less expensive EVs, hastens delivery plans
By Chris Kirkham and Abhirup Roy LAGUNA BEACH, California (Reuters) -Rivian on Thursday introduced its smaller, less expensive electric R2 SUVs and R3 crossovers with plans to start producing the R2 a[...]
Read moreShares rally to records ahead of US jobs report, yields and dollar down
By Alden Bentley and Marc Jones NEW YORK/LONDON (Reuters) -Global stock indexes rallied to record highs on Thursday, while government bond yields fell after the European Central Bank held interest rat[...]
Read more