By Daniel Wiessner (Reuters) -Judges on California’s top court on Tuesday considered whether voters had the power to allow app-based services such as Uber and Lyft to classify drivers in the sta[...]
Read more
May 21, 2024
Analysis-Bulls beat a path to China stock shop but foreigners dare not go in
By Samuel Shen and Dhara Ranasinghe SHANGHAI/LONDON (Reuters) – Emboldened by China’s latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are[...]
Read more
Viasat shares fall as slowing fixed broadband hurts revenue outlook
(Reuters) – Viasat forecast annual revenue below Wall Street estimates in anticipation of a slowdown in its satellite services business, sending its shares down more than 11% after the bell on T[...]
Read more
Stocks end slightly higher after Fed comments, ahead of Nvidia
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed with slight gains on Tuesday, sending the S&P 500 and Nasdaq to record levels, as investors assessed the latest comments from Federal Re[...]
Read more
Morning Bid: New Zealand, Indonesia set rates; Nvidia vigil almost over
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Monetary policy decisions from New Zealand and Indonesia are the main points of focus in Asia on Wednesday, as debate over[...]
Read more
US airlines seek air traffic control hiring, FAA hits back
By David Shepardson WASHINGTON (Reuters) – The trade group for major U.S. airlines on Tuesday urged the government to act quickly to address a long-standing air traffic controller shortage ahead[...]
Read more
Oil falls 1% on sticky US inflation, dampened geopolitical risk premium
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled 1% lower on Tuesday as lingering U.S. inflation looked likely to keep interest rates higher for longer, weighing on fuel demand. Brent crude[...]
Read more
Amazon says it has not halted any Nvidia chip orders
By Stephen Nellis (Reuters) -Amazon.com’s cloud services unit said on Tuesday that it has not halted any orders of Nvidia’s most advanced chip on the market, but has instead decided to pur[...]
Read more
US FDIC needs ‘fresh start’ with new chair, White House official says
By Nandita Bose, Pete Schroeder and Douglas Gillison WASHINGTON (Reuters) – The White House believes the U.S. Federal Deposit Insurance Corp needs a “fresh start” with a new chair wh[...]
Read more