(Reuters) – Tobacco giant Philip Morris International said on Monday that it would suspend online sales on Swedish Match North America’s ZYN.com nationwide as the Zyn nicotine pouch maker[...]
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June 17, 2024
S&P 500, Nasdaq hit record closing highs ahead of data, Fed comments
By Echo Wang (Reuters) -The S&P 500 and Nasdaq scored record closing highs on Monday as technology shares rallied on enthusiasm over artificial intelligence ahead of this week’s economic dat[...]
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US to stop advance payments for Medicare providers hit by Change hack
(Reuters) -The Centers for Medicare and Medicaid Services said on Monday it plans to close the advance payments program it started to help some Medicare providers and suppliers affected by disruptions[...]
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Global audiences suspicious of AI-powered newsrooms, report finds
By Sheila Dang (Reuters) – Global concerns about the use of AI in news production and misinformation are growing, a report published by the Reuters Institute for the Study of Journalism found, p[...]
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Lennar’s home delivery forecast falls short of estimates, shares dip
(Reuters) -Lennar Corp forecast its third-quarter home deliveries below analysts’ estimates on Monday, a sign that demand for new homes is expected to remain sluggish as mortgage rates hover at[...]
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Morning Bid: Divergence, disconnect, but no dislocation … yet
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The start of the trading week has shown that it is becoming increasingly difficult to navigate, never mind predict, market[...]
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Market conditions drive international airlines away from Brazil, Airbus says
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Complicated market conditions have prevented foreign airlines from launching local operations in Brazil, planemaker Airbus’ head in the cou[...]
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States sue US to block rule that oil firms guarantee payment to dismantle old wells
By Georgina McCartney HOUSTON (Reuters) -Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden administration’s proposed rule that would require the offshore oil[...]
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Trafigura agrees to pay $55 million to settle CFTC charges
(Reuters) – A unit of global commodities trader Trafigura has agreed to pay a $55 million civil fine to settle U.S. Commodity Futures Trading Commission charges of fraud, manipulation and impedi[...]
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