By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for this week’s consumer and producer price data, which they hope w[...]
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March 11, 2024
Oracle tops quarterly profit estimates on AI demand, shares surge
By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia, and it beat estimates for quarterly profit, riding on the generative AI demand[...]
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Air New Zealand pauses Auckland to Chicago non-stop service
(Reuters) – Air New Zealand said on Tuesday it plans to pause its Auckland to Chicago non-stop service from March 31 to Oct. 25 this year due to ongoing challenges with the availability of servi[...]
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Disney gets personal in board battle with Peltz
By Dawn Chmielewski (Reuters) -Walt Disney responded on Monday to billionaire Nelson Peltz and his Trian Fund’s campaign to win two board seats with an attack on the activist shareholder’s[...]
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Morning Bid: Stocks drift lower again, India CPI on deck
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. With global markets gently easing back from recent highs ahead of U.S. inflation data on Tuesday, Asian markets are unlike[...]
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Yen rises as investors eye Japan policy move; bitcoin soars to new record
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen drifted higher against the U.S. dollar for a fourth straight session on Monday, bolstered by an upward revision to Japan’s growth f[...]
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Tesla’s German gigafactory reconnected to grid after week-long outage
By Christoph Steitz FRANKFURT (Reuters) -Tesla’s German gigafactory near Berlin has been reconnected to the electricity grid following a week-long outage caused by arson, the power firm in charg[...]
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Murdoch’s News Corp eyes joint Telegraph bid with rivals, Bloomberg News reports
(Reuters) -Rupert Murdoch’s News Corp and the owner of the Daily Mail have held talks about a potential joint takeover of the Telegraph alongside the UAE-backed investment fund RedBird IMI, Bloo[...]
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Tyson Foods to close Iowa pork plant with 1,200 workers
By Tom Polansek CHICAGO (Reuters) – Tyson Foods will permanently close a pork plant in Perry, Iowa, the meatpacker said on Monday, eliminating jobs for about 1,200 workers. The company, which re[...]
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