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Month: September 2024

White House touts $1 billion fund to help auto suppliers retool for EVs
Uncategorized

White House touts $1 billion fund to help auto suppliers retool for EVs

September 23, 2024January 28, 2025

By David Shepardson WASHINGTON (Reuters) – Investment firm Monroe Capital LLC said on Monday it plans to launch a fresh fund of up to $1

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Trump Media shares tumble to new lows after insider selling curbs expire
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Trump Media shares tumble to new lows after insider selling curbs expire

September 23, 2024January 28, 2025

Shares of former U.S. President Donald Trump’s media company tumbled over 5% to a new low on Monday, extending recent losses after restrictions on insider

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Novo Nordisk shares drop nearly 5% on disappointing obesity pill data
Business

Novo Nordisk shares drop nearly 5% on disappointing obesity pill data

September 20, 2024January 28, 2025

By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) -Novo Nordisk’s shares fell nearly 5% on Friday after results from a Phase 2a trial of the

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Three Mile Island nuclear plant could restart on Microsoft AI power deal
Business

Three Mile Island nuclear plant could restart on Microsoft AI power deal

September 20, 2024January 28, 2025

(Reuters) -Constellation Energy and Microsoft have signed a data center deal to help resurrect a unit of the Three Mile Island nuclear plant in Pennsylvania

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Uncategorized

US inflation data cemented big cut for one Fed official, dissent for another

September 20, 2024January 28, 2025

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage

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Boeing furloughs begin on Friday for thousands in Pacific Northwest
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Boeing furloughs begin on Friday for thousands in Pacific Northwest

September 20, 2024January 28, 2025

(Reuters) – Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike

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US homebuilder stocks surge on hopes for demand boost after Fed rate cuts
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US homebuilder stocks surge on hopes for demand boost after Fed rate cuts

September 19, 2024January 28, 2025

(Reuters) – Shares of major U.S. homebuilders surged in premarket trade on Thursday, buoyed by expectations of higher demand due to reduced borrowing costs after

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Disney to stop using Salesforce-owned Slack after hack exposed company data, WSJ reports
Business

Disney to stop using Salesforce-owned Slack after hack exposed company data, WSJ reports

September 19, 2024January 28, 2025

(Reuters) -Walt Disney plans to transition away from its use of Slack as a companywide workplace collaboration system, after a hacking entity leaked online more

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Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says
Business

Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says

September 19, 2024January 28, 2025

ABUJA (Reuters) – Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country’s presidency said after a meeting

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Trump Media shares face potential sell-off as insider selling restrictions lift
Uncategorized

Trump Media shares face potential sell-off as insider selling restrictions lift

September 19, 2024January 28, 2025

By Medha Singh and Noel Randewich (Reuters) – While former U.S. President Donald Trump has said he will not sell his $1.7 billion stake in

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