By Chibuike Oguh NEW YORK (Reuters) -The S&P 500 and Nasdaq indexes hit record closing highs on Wednesday, powered mainly by technology stocks as markets digested economic data that could support[...]
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June 5, 2024
Hindalco-owned Novelis delays US IPO; shares slide
By Manvi Pant and Echo Wang New York (Reuters) -Hindalco Industries said on Tuesday its U.S-based unit Novelis has postponed its initial public offering (IPO) due to weak market conditions, sending sh[...]
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Amazon’s robotaxi unit Zoox to begin testing in Austin, Miami
(Reuters) -Amazon.com’s robotaxi unit Zoox said on Wednesday it plans to start testing its autonomous vehicles in Austin, Texas, and Miami, a move that would mark its first trial sites outside t[...]
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BlackRock, Citadel Securities-backed TXSE Group to launch Texas Stock Exchange
(Reuters) -TXSE Group, backed by BlackRock and Citadel Securities, plans to launch the Texas Stock Exchange in Dallas, going up against established New York-centric exchanges in a bid to attract globa[...]
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Markets roar back, China trade too?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. So much for ‘bad news is bad news’. After struggling for days to take advantage of tumbling U.S. bond yields,[...]
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Former Meta engineer sues company saying he was fired over handling of Gaza content
By Katie Paul and Jessica DiNapoli NEW YORK (Reuters) – A former Meta engineer on Tuesday accused the company of bias in its handling of content related to the war in Gaza, claiming in a lawsuit[...]
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Walmart offers bonus program to about 700,000 hourly US store workers
By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) -Walmart will pay bonuses to its U.S. hourly store workers, including those at its pharmacy and Vision Center stores, the retailer said on Wednesday[...]
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US extends cuts to minimum New York flight requirements through late 2025
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said on Wednesday it is again extending cuts to minimum flight requirements at congested New York City-area a[...]
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Democrat calls only 7 EV-charging stations deployed under US program ‘pathetic’
By David Shepardson WASHINGTON (Reuters) – Just seven electric-vehicle (EV) charging stations have begun operating with funding from a $5-billion U.S. government program created in 2021, marking[...]
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