By Raphael Satter WASHINGTON (Reuters) – Technology firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to
Author: Daily Trader Insights
Whirlpool to cut 1,000 jobs globally
(Reuters) -Whirlpool Corp will lay off about 1,000 salaried employees globally, the home appliances maker said on Wednesday. The company said it first cut jobs
FDIC is approaching potential buyers of Republic First, Bloomberg News reports
(Reuters) -The Federal Deposit Insurance Corp (FDIC) is in talks with potential buyers for Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with
US new home sales rebound to six-month high; rising mortgage rates a concern
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded in March from February’s downwardly revised level, drawing support from a persistent
Visa results beat estimates on resilient consumer spending
By Manya Saini and Pritam Biswas (Reuters) -Visa’s second-quarter results sailed past Wall Street estimates on Tuesday, as consumers shrugged off worries of a slowing
JPMorgan CEO Dimon says US economy is booming
By Nupur Anand (Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The
AI boom to fuel natural gas demand in coming years, report says
(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the
TikTok says US House bill that could ban app would ‘trample’ free speech
By Kanishka Singh WASHINGTON (Reuters) -TikTok on Sunday repeated its free-speech concerns about a bill passed by the House of Representatives that would ban the
X vows to ‘robustly challenge’ Australia order to remove stabbing posts
SYDNEY (Reuters) – Social media platform X said on Saturday it would challenge in court an order from an Australian regulator demanding the company remove
Gulf markets subdued on geopolitical tensions, US rate cut concerns
By Ateeq Shariff (Reuters) – Most stock markets in the Gulf were subdued on Sunday amid geopolitical strife and uncertainties surrounding U.S. Federal Reserve policy.