By Granth Vanaik (Reuters) – Proxy advisory firm Glass Lewis has recommended Vista Outdoor shareholders to vote in favor of the proposed merger of the company’s ammunition unit with Czecho[...]
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July 18, 2024
Tesla’s California car registrations fall for third straight quarter
By Akash Sriram and Hyunjoo Jin (Reuters) -Registrations of Tesla cars in California fell 24% in the April to June period, marking the third consecutive quarter that the company posted a sales drop in[...]
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Stocks ease as tech sell-off spreads, data boosts dollar
By Isla Binnie NEW YORK (Reuters) -World stock indexes fell on Thursday as a selling mood around high-priced technology stocks crept into the rest of the market, while the dollar index gained after st[...]
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OpenAI holds talks with Broadcom about developing new AI chip, the Information reports
(Reuters) – ChatGPT maker OpenAI is in discussion with chip designers, including Broadcom, about developing a new artificial intelligence chip, the Information reported on Thursday, citing peopl[...]
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Ardent Health falls 6% in lukewarm NYSE debut
(Reuters) – Healthcare provider Ardent Health’s shares opened 6% below their initial public offering price in their NYSE debut on Thursday, reflecting new investor caution with new listing[...]
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IMF says U.S. should raise taxes, wait until late 2024 to cut rates
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund on Thursday said the U.S. Federal Reserve should not cut interest rates until “late 2024” and the government needs to[...]
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Exclusive-Collaboration software maker Smartsheet fields buyout interest, sources say
By Milana Vinn and Anirban Sen (Reuters) -Smartsheet, a U.S. maker of workplace collaboration software with a market value of $6.6 billion, has tapped investment bankers after attracting acquisition i[...]
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Domino’s Pizza warns of slower Q3 sales; shares fall
By Juveria Tabassum (Reuters) -Domino’s Pizza forecast sequentially slower third-quarter comparable sales on Thursday and trimmed its target for new international store openings, sending its sha[...]
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Stellantis recalls 24,000 Chrysler minivans for fire risks, urges outdoor parking
By David Shepardson WASHINGTON (Reuters) -Stellantis on Thursday recalled about 24,000 Chrysler Pacifica plug-in hybrid minivans worldwide because of fire risks, and urged owners to park outside, away[...]
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