By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK (Reuters) -U.S. stocks closed lower on Thursday after the Dow reached an intra-day high of 40,000 for the first time, as investors continued to recal[...]
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May 16, 2024
Union offering Boeing representatives training on U.S. whistleblower laws
(Reuters) – A Boeing engineering union said on Thursday it will offer its representatives training on U.S. whistleblower laws for the first time, following concerns that its members lack adequat[...]
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GameStop and AMC tumble as meme stocks rally deflates
By Medha Singh (Reuters) -Retail investor darlings GameStop and AMC fell for a second straight session on Thursday, as excitement over the social media return of “Roaring Kitty,” who was t[...]
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Morning Bid: Markets upbeat ahead of China data dump
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets go into Friday’s session looking to end a strong week on a positive note, and there appears to be no o[...]
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Haidilao restaurant operator Super Hi prices US IPO at $19.56 per share
(Reuters) – Super Hi International, which operates Chinese hotpot restaurant chain Haidilao in the overseas market, on Thursday priced its initial public offering in the United States at $19.56[...]
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AI voiceover company stole voices of actors, New York lawsuit claims
By Blake Brittain (Reuters) -Two voice actors sued artificial-intelligence startup Lovo in Manhattan federal court on Thursday, accusing the company of illegally copying their voices and using them wi[...]
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Dow surpasses 40,000, world stocks hit record amid rate cut hopes
By Caroline Valetkevitch NEW YORK (Reuters) – The Dow Jones industrial average crossed the 40,000 level on Thursday for the first time and a world stock index scored a third straight record intr[...]
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Ford asks suppliers to cut costs in push to turn EV business profitable, memo says
By Abhirup Roy and Nora Eckert (Reuters) – Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying “everything is on the table[...]
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Dow sprints past 40,000-mark on earnings boost, rate-cut bets
By Bansari Mayur Kamdar (Reuters) – The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarte[...]
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