By Tim Hepher, Allison Lampert and David Shepardson (Reuters) – It took 80 days. But for the airline industry, enough was enough. A revolt by U.S. airline bosses helped topple Boeing’s top[...]
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March 27, 2024
Stocks close with gains, led by Dow as investors look for rate insight
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks were higher on Wednesday, with the Dow leading gains and the S&P 500 setting a closing record, paced drugmaker Merck, while investors looked to[...]
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Fed’s Waller still sees ‘no rush’ to cut rates amid sticky inflation data
By Michael S. Derby NEW YORK (Reuters) -Recent disappointing inflation data affirms the case for the U.S. Federal Reserve to hold off on cutting its short-term interest rate target, Fed Governor Chris[...]
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Australia to create $653 million fund to expand solar panel manufacturing
SYDNEY (Reuters) – Australia will set up an A$1 billion ($653 million) fund to help expand solar panel manufacturing at home, Prime Minister Anthony Albanese said on Thursday, as it looks to ram[...]
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J&J can contest evidence linking its talc to cancer, US judge rules
By Dietrich Knauth NEW YORK (Reuters) -Johnson & Johnson will get a new chance to contest the scientific evidence linking talc to ovarian cancer, a federal judge ruled on Wednesday, potentially di[...]
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Fox Entertainment undergoes restructuring, leadership shake-up
(Reuters) – Fox Corp on Wednesday announced its entertainment studio will be restructured across three key business segments – entertainment, television and streaming platforms, and worldw[...]
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S&P affirms United States ‘AA+/A-1+’ sovereign ratings on economic resilience
(Reuters) – Global ratings agency S&P affirmed its “AA+” long-term and “A-1+” short-term unsolicited sovereign credit ratings on the U.S. on Thursday, and kept the ou[...]
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Jefferies Q1 profit misses estimates after loss tied to Weiss investment
By Mehnaz Yasmin and Lananh Nguyen (Reuters) -Jefferies Financial’s first-quarter profit missed analyst expectations, after it lost money on an investment in hedge fund Weiss Multi-Strategy Advi[...]
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Hydrogen industry pleads for easier path to US tax credits
By Valerie Volcovici WASHINGTON (Reuters) – Some companies planning to use new U.S. tax credits to deploy hydrogen projects urged the Treasury Department this week to ease proposed environmental[...]
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