By Shariq Khan NEW YORK (Reuters) -Oil prices surged nearly $2 a barrel on Monday to their highest settlement levels in over a month, adding to last week’s gains as investors grew more optimisti[...]
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June 17, 2024
Southern Company CEO sees more industry nuclear commitments in US by 2030
(Reuters) -Power provider Southern Company CEO Chris Womack said on Monday he expects more industry commitments to build gigawatt-scale light water nuclear reactors in the U.S. before 2030. Southern C[...]
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GE Aerospace’s Larry Culp declined Boeing’s request to take over as CEO, WSJ reports
(Reuters) -GE Aerospace CEO Larry Culp has declined Boeing’s request to consider taking over as the U.S. planemaker’s top boss, the Wall Street Journal reported on Monday. Boeing and GE Ae[...]
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Exclusive-Some Colonial Pipeline owners eye stake sales at $10 billion-plus company valuation, sources say
By David French (Reuters) – Some of Colonial Pipeline’s owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation syst[...]
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Kansas accuses Pfizer of misleading public about COVID vaccine in lawsuit
By Brendan Pierson (Reuters) – The U.S. state of Kansas on Monday sued Pfizer, accusing the company of misleading the public about its COVID-19 vaccine by hiding risks while making false claims[...]
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Dollar slips against euro as European political jitters subside
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar slipped against the euro on Monday, as the common currency recovered from the more than one-month lows hit last week amid political turmoil i[...]
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Tesla sues ex-supplier Matthews over EV battery trade secrets
By Blake Brittain (Reuters) -Tesla has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla’s battery-manufacturing p[...]
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US sues Photoshop maker Adobe for hiding fees, making it difficult to cancel
By Jonathan Stempel (Reuters) -The U.S. government sued Adobe on Monday, accusing the Photoshop and Acrobat maker of harming consumers by concealing hefty termination fees in its most popular subscrip[...]
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Embraer gears up for Farnborough as shares soar on healthy demand
By Gabriel Araujo SAO JOSE DOS CAMPOS, Brazil (Reuters) – Embraer heads into the Farnborough Airshow next month riding tail winds that have lifted its shares to an all-time high, as recent order[...]
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