By David Shepardson WASHINGTON (Reuters) – Transportation Secretary Pete Buttigieg on Friday said major U.S. airlines had declined to commit to boosting travel benefits for military personnel, t[...]
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May 31, 2024
Oil settles down ahead of OPEC+ meeting, posts weekly loss
By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday and posted a weekly loss as investors awaited an OPEC+ meeting on Sunday that will determine the fate of the producer group’s output c[...]
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Nvidia set to overtake Apple as world’s second-most valuable company
By Medha Singh (Reuters) -Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the biggest beneficiary of the surge in adoption of AI applications takes on the[...]
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Paramount’s special committee agrees to recommend Skydance deal, WSJ reports
(Reuters) -A special committee of Paramount Global’s board agreed to recommend a deal with Skydance Media, the Wall Street Journal reported on Friday, citing people familiar with the matter. A p[...]
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Dollar set for first monthly drop after US inflation readout
By Hannah Lang NEW YORK (Reuters) -The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, offering[...]
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Trump Media drops after Donald Trump found guilty in hush money case
By Medha Singh (Reuters) -Shares of Trump Media & Technology Group fell about 5% in choppy trading on Friday, after a jury found former U.S. president Donald Trump guilty of falsifying documents t[...]
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Wall Street trade failure rate rise in third day of faster settlement
NEW YORK (Reuters) -The U.S. trade failure rate rose on Thursday, the fourth day of the newly launched faster settlement cycle, according to data released by the Depository Trust and Clearing Corporat[...]
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Top proxy adviser ISS recommends against Tesla CEO Musk’s ‘excessive’ $56 billion pay
By Ross Kerber (Reuters) -Top proxy advisory firm ISS recommended Tesla shareholders vote against ratifying CEO Elon Musk’s $56 billion pay package, calling the compensation excessive in a rejec[...]
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Paramount Global’s co-CEOs to unveil strategy at town hall on Wednesday
By Dawn Chmielewski LOS ANGELES (Reuters) -Paramount Global’s co-CEOs, CBS chief George Cheeks, MTV’s Chris McCarthy, and film studio head Brian Robbins, will lay out their strategy next w[...]
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