By Lewis Krauskopf NEW YORK (Reuters) -The U.S. stock market is off to a soaring start in 2024, as optimism over the economy and interest rate cuts has combined with exuberance about the business oppo[...]
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March 28, 2024
Stocks subdued, yen in focus, with inflation data on tap
By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global share markets was barely changed on Thursday as it was poised to end the quarter with solid gains, while a strong doll[...]
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Tesla appears unlikely to nix US suit alleging bias against Black workers
By Daniel Wiessner (Reuters) – A federal judge in California on Thursday appeared poised to reject Tesla’s bid to toss out a U.S. agency’s lawsuit accusing the electric carmaker of t[...]
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Kitchen sponge maker Scrub Daddy explores sale, sources say
By Abigail Summerville (Reuters) – Scrub Daddy, the kitchen sponge maker that gained popularity after securing an investment on U.S. TV show “Shark Tank,” is exploring options that i[...]
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Exclusive-China’s WuXi AppTec shared US client’s data with Beijing, US intelligence officials told senators
By Michael Martina, Michael Erman and Karen Freifeld (Reuters) -U.S. intelligence officials in late February told senators working on a biotech security bill that Chinese pharmaceutical firm WuXi AppT[...]
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White House’s Brainard says corporate profits remain elevated
WASHINGTON (Reuters) – White House National Economic Adviser Lael Brainard said on Thursday corporate profits remain elevated, after U.S. consumer sentiment rose unexpectedly in March to the hig[...]
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Automotive computer chip maker NXP rolls out new platform
AMSTERDAM (Reuters) – NXP Semiconductors NV, the biggest maker of computer chips for cars, on Thursday said it had introduced a new platform that will simplify and speed up software development[...]
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Oil rises more than $1 a barrel on tighter supply outlook
By Laila Kearney NEW YORK (Reuters) -Oil prices jumped more than $1 a barrel on Thursday, closing out the month higher on the prospect of OPEC+ staying the course on production cuts, ongoing attacks o[...]
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US, Mexico to partner on semiconductor supply chain development
WASHINGTON (Reuters) – The United States will partner with Mexico to explore semiconductor supply chain opportunities, the State Department said on Thursday, as the Biden administration pushes t[...]
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