By Dietrich Knauth NEW YORK (Reuters) -A U.S. bankruptcy judge on Friday ordered a court-supervised liquidation of conspiracy theorist Alex Jones’ personal assets, but he dismissed the bankruptc[...]
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June 14, 2024
Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq eked out a fifth straight record closing high on Friday following gains in Adobe and other technology-related shares, while the S&P 500 and[...]
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Novo Nordisk CEO to testify in US Senate hearing on high cost of Ozempic, Wegovy
(Reuters) -The Senate Committee on Health, Education, Labor, and Pensions said on Friday that Novo Nordisk CEO Lars Jorgensen has agreed to testify voluntarily in a hearing focusing on U.S. prices for[...]
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US NTSB investigating ‘Dutch roll’ by Southwest Boeing 737 MAX
By David Shepardson WASHINGTON (Reuters) – The U.S. National Transportation Safety Board said on Friday it is investigating why a Boeing 737 MAX operated by Southwest Airlines rolled during a fl[...]
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Republican Senator Grassley launches new probe into Boeing, FAA
By David Shepardson WASHINGTON (Reuters) -Republican U.S. Senator Chuck Grassley said on Friday he is launching a new congressional oversight inquiry into the Federal Aviation Administration and Boein[...]
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Carlyle explores sale of electric power producer Cogentrix, FT reports
(Reuters) – PE firm Carlyle has hired advisers to explore a sale of Cogentrix that could value the North Carolina-based power producer at as much as $3 billion to $4 billion, the Financial Times[...]
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US industry groups seek hearing, more on Biden’s China tariff hike
By David Lawder and David Shepardson WASHINGTON (Reuters) – A wide swath of pro-trade American business groups has asked the Biden administration for another month to comment on plans to impose[...]
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Exclusive-Vanguard vote switch helped pass Tesla CEO Elon Musk’s $56 billion pay package
By Ross Kerber (Reuters) – Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contri[...]
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S&P 500 ends lower, European stocks wrap up biggest weekly loss of the year
By Stephen Culp NEW YORK (Reuters) -U.S. stocks dipped, gold surged and European stocks suffered their biggest weekly loss of the year on Friday amid cooling economic data, a hawkish Federal Reserve a[...]
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