By Nicole Jao NEW YORK (Reuters) -Oil prices dipped on Tuesday, settling slightly lower after a higher-than-expected forecast for U.S. crude oil production and bearish economic data, but persistent ge[...]
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March 12, 2024
Arm’s shares rise as Wall Street eyes IPO lock-up expiration
By Chibuike Oguh NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129.50 on Tuesday as markets braced for increased trading activity foll[...]
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Stocks, US yields climb after inflation data
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was set to snap a two-session fall on Tuesday, rising along with Treasury yields after data showed U.S. inflation remained sticky in F[...]
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Boeing whistleblower found dead of apparent suicide
(Reuters) -John Barnett, a former Boeing employee who had reportedly raised concerns about the company’s production issues, was found dead of an apparent suicide, according to authorities in Sou[...]
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Boeing will add compliance checks, equipment audits at 737 factory, memo says
By David Shepardson (Reuters) – Boeing <BA.N> is adding weekly compliance checks for every 737 work area and additional audits of equipment to reduce quality problems, the company said in[...]
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US power use to reach record highs in 2024 and 2025 -EIA
(Reuters) – U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA proje[...]
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Teamsters union meets with Biden, plan endorsement decision this summer
By David Shepardson WASHINGTON (Reuters) – U.S. President Joe Biden on Tuesday sat down with leaders of the 1.3 million-member International Brotherhood of Teamsters, six weeks after his Republi[...]
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Intel survived bid to halt millions in sales to China’s Huawei, sources say
(Refiles to remove extraneous text in headline) By Alexandra Alper WASHINGTON (Reuters) – Intel has survived an effort to halt hundreds of millions of dollars’ worth of chip sales to Huawe[...]
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GM says it built about 20,000 EVs that did not qualify for tax credits
(Fixes typo in headline to qualify from quality, changes date in first paragraph to Tuesday from Wednesday) WASHINGTON (Reuters) – General Motors said on Tuesday the Detroit automaker built abou[...]
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