By Humeyra Pamuk, Patricia Zengerle and Steve Holland WASHINGTON (Reuters) – The Biden administration has decided to lift a ban on U.S. sales of offensive
Month: August 2024
Hedge funds pile into bearish Japanese stock bets, bank says
By Carolina Mandl NEW YORK (Reuters) – Hedge funds added bearish bets in Japanese stocks at the fastest pace in over five years for a
Under Armour posts surprise profit on leaner inventory, higher margins
By Savyata Mishra (Reuters) -Under Armour posted a surprise first-quarter profit on Thursday, benefiting from its efforts to cut inventory and promotions at a time
Analysis-OpenAI is a bigger threat to Google than US regulators
By Aditya Soni and Kenrick Cai (Reuters) – Google is facing a bigger threat from Sam Altman’s OpenAI even as it awaits a decision on
Nasdaq considers stricter delisting rules for penny stocks
(Reuters) – Nasdaq is proposing amendments to its rules pertaining to penny stocks to put a faster, more stringent delisting process in place for non-compliant
Trump says president should have say in Fed decisions
WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Thursday that U.S. presidents should have a say over decisions made by the Federal Reserve.
Delta passengers sue airline for refusing refunds after massive computer outage
By Jonathan Stempel (Reuters) -Delta Air Lines was sued by passengers who complained that the carrier refused to offer full refunds after delaying or canceling
Robinhood’s Q2 revenue surges on strong trading in stocks, crypto
(Reuters) -Robinhood reported a surge in second-quarter revenue, boosted by strong trading in equities and cryptocurrencies, sending shares up 2% after the bell. The online
Disney may have to pay $5 billion more for Comcast’s Hulu stake
By Anirban Sen (Reuters) – Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast’s minority stake
Intel is sued by shareholders alleging securities fraud
(Reuters) – Intel was sued on Wednesday by shareholders who said it fraudulently concealed problems that led to weak second-quarter results, and prompted the Silicon