By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said on Monday it backs the Biden administration’s moves to dramatically cut vehicle emissions through 2032, rejecting Republican argument[...]
Read moreMay 20, 2024
JPMorgan CEO is ‘cautiously pessimistic’ on economy, successors in focus
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon told investors the bank’s succession plans were underway, while warning investors on Monday about risks to the[...]
Read moreBrazil central bank plans year-end proposal for crypto regulation
BRASILIA (Reuters) -Brazil’s central bank announced on Monday that it has decided to divide the process of regulating crypto-assets and virtual asset service providers into phases, with regulato[...]
Read moreNasdaq hits record, S&P ticks higher with Nvidia results eyed
By Chuck Mikolajczak NEW YORK (Reuters) – The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia’s highly anticipa[...]
Read moreUS lawsuit challenges Southwest Air’s free ticket program for Hispanic students
By Nate Raymond (Reuters) – A group founded by a prominent anti-affirmative action activist on Monday sued Southwest Airlines, alleging that a two-decade-old program that awards free round-trip[...]
Read morePalo Alto’s quarterly billings forecast fails to impress investors, shares fall
(Reuters) -Palo Alto Networks’ fourth-quarter billings forecast disappointed investors on Monday, a sign of tight corporate spending on cybersecurity solutions, sending its shares down more than[...]
Read moreZoom lifts annual forecasts on robust demand amid AI push
(Reuters) -Zoom Video Communications on Monday raised its annual forecast for profit and revenue, helped by robust demand for its product portfolio as companies continue to adopt hybrid work. The upbe[...]
Read moreRed Lobster probes “endless shrimp” losses after bankruptcy filing
By Dietrich Knauth NEW YORK (Reuters) – Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the resta[...]
Read moreTrump’s social media company discloses inquiry from FINRA
(Reuters) -The owner of Donald Trump’s social media company Truth Social said on Monday it had cooperated with an inquiry from the Financial Industry Regulatory Authority (FINRA) tied to its bla[...]
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