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NEWSLETTER

U.S. SEC Says No to New Crypto Rules; Coinbase Asks Court to Review

BY Reuters  • December 16, 2023December 18, 2023
By Chris Prentice, Michelle Price and Mike Scarcella WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency[...]
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GM to lay off 1,300 workers at two Michigan plants

BY Reuters  • December 15, 2023December 15, 2023
By David Shepardson (Reuters) -General Motors said on Thursday it is laying off 1,300 workers at two Michigan auto factories in early January. The largest U.S. automaker said 945 workers will be laid[...]
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Tesla Recalls Nearly All Vehicles on U.S. Roads Over Lack of Autopilot Safeguards

BY Reuters  • December 14, 2023December 14, 2023
By David Shepardson WASHINGTON (Reuters) -Tesla is recalling over 2 million vehicles in the U.S. to install new safeguards in its Autopilot advanced driver-assistance system, after a federal safety re[...]
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Wall St. Hits Fresh 2023 Highs After Inflation Data

BY Reuters  • December 12, 2023December 12, 2023
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed at fresh highs of the year on Tuesday, after inflation data did little to alter views for the timing of a rate cut by the Federal Reserve, a[...]
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Oracle Misses Revenue Estimates on Weak Cloud Spending, Shares Fall

BY Reuters  • December 11, 2023December 12, 2023
(Reuters) -Oracle missed estimates for second-quarter revenue on Monday, as an uncertain economy and competition in the cloud computing market weighed on demand for its cloud offerings, sending its sh[...]
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NEWSLETTER

Solid Us Job Growth, Drop In Unemployment Rate Underscore Labor Market Resilience

BY Reuters  • December 8, 2023December 10, 2023
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in November while the unemployment rate fell to 3.7%, signs of underlying labor market strength that suggested financial mark[...]
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Exxon Mobil Forecasts Increases in Project Spending, Oil Output

BY Reuters  • December 6, 2023December 7, 2023
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil will target annual project spending of between $22 billion and $27 billion through 2027, the oil major said in an update on Wednesday that largely conti[...]
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Bayer ordered to pay $3.5 million in latest Roundup weedkiller trial

BY Reuters  • December 6, 2023December 6, 2023
By Brendan Pierson (Reuters) – Bayer was ordered on Tuesday to pay nearly $3.5 million by a Philadelphia jury that found the company’s Roundup weedkiller caused a woman’s cancer, the[...]
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Blackstone Explores Sale of Anthos Therapeutics

BY Reuters  • December 4, 2023December 5, 2023
By David Carnevali NEW YORK (Reuters) -Private equity firm Blackstone is exploring the sale of Anthos Therapeutics, a developer of a new generation of blood thinners it launched four years ago with ba[...]
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