By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department said on Monday that seven major airlines are eligible to apply for five new daily roundtrip flights from Washington Reagan[...]
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June 24, 2024
Analysis-China’s retail outlook dims after mid-year shopping festival flop
By Casey Hall SHANGHAI (Reuters) – Retailers in China face a daunting near-term future after a disappointing mid-year online shopping festival that has also clouded the recovery prospects of the[...]
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Dow closes at a one-month high as investors broaden portfolios
By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl (Reuters) -The Dow rallied on Monday to a one-month high, while the Nasdaq tumbled over 1% as investors rotated out of AI-linked stocks and[...]
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Apple, Meta not in talks currently for AI partnership, Bloomberg News reports
(Reuters) – Apple has rejected overtures by Meta Platforms to integrate the social networking company’s AI chatbot into the iPhone months ago, Bloomberg News reported on Monday, citing peo[...]
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US screens record-setting 2.99 million air passengers in single day
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Security Administration said it had screened 2.99 million airline passengers on Sunday, the highest-ever number in a single day[...]
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TWFG Insurance reveals nearly 27% jump in net profit in US IPO filing
(Reuters) – TWFG disclosed a nearly 27% jump in annual net profit on Monday, as the insurer revealed the paperwork for its initial public offering in the United States. The U.S. IPO market has s[...]
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US Treasury to devote extra $100 million over 3 years to affordable housing
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen announced $100 million in new financing on Monday to increase the supply of affordable housing, as the Biden administr[...]
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Morning Bid: Tech that – Nvidia slump sours market mood
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The wave of profit-taking in U.S. Big Tech and AI stocks appears to be gathering momentum, which could depress investor se[...]
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Warren Buffett’s PacifiCorp reaches $150 million wildfire settlement
By Jonathan Stempel (Reuters) – PacifiCorp, a utility owned by Warren Buffett’s Berkshire Hathaway, agreed to a $150 million settlement with 378 plaintiffs arising from one of the 2020 wil[...]
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