(Reuters) -The U.S. Department of Justice is preparing to file a consumer protection lawsuit against ByteDance’s TikTok later this year on behalf of the Federal Trade Commission (FTC), Bloomberg[...]
Read moreJune 20, 2024
Brazil tightens rules to renew energy distribution concessions
(Reuters) – The Brazilian government issued on Thursday tighter guidelines for the extension of energy distribution contracts, easing the advanced cancellation of concessions and allowing the co[...]
Read moreS&P 500 closes lower after record high, weighed by chips stocks, economic data
By Echo Wang (Reuters) -The S&P 500 and Nasdaq closed lower on Thursday, as market bellwether Nvidia retreated from earlier gains, while investors evaluated recent economic data and commentary fro[...]
Read moreOil prices rise on US crude draw; jobs data feeds rate cut hopes
By Erwin Seba (Reuters) – Oil futures climbed on Thursday after the U.S. Energy Information Administration (EIA) reported a draw on crude oil and data showing a cooling jobs market that stoked h[...]
Read moreWinklevoss twins donate $2 million in bitcoin to support Trump
(Reuters) -The billionaire Winklevoss twins, founders of cryptocurrency company Gemini, said on Thursday they had each donated $1 million in bitcoin to support Donald Trump, the latest crypto executiv[...]
Read moreBoeing temporarily shifts some engineers to help focus on commercial planes
(Reuters) -Boeing is temporarily shifting some engineers away from its experimental X-66A plane project to help support commercial development programs and speed up deliveries of existing jets, the pl[...]
Read moreExxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled
By Sabrina Valle HOUSTON (Reuters) – A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was[...]
Read moreUnite Here union elects its first female president in 130-year history
By Doyinsola Oladipo NEW YORK (Reuters) – Labor union Unite Here on Thursday elected its first female president in its 130-year history, as 2024 shapes up to be an important year for the union r[...]
Read moreCDK cyber outage hits US auto dealers for second day in a row
By Nora Eckert, Nathan Gomes and Juveria Tabassum (Reuters) -A cyber outage at retail technology and software provider CDK entered its second consecutive day on Thursday, impacting automobile dealers[...]
Read more