By Hannah Lang NEW YORK (Reuters) -The dollar hit a two-week low on Thursday as economic data supported expectations for quick interest rate cuts in
Category: Business
Twilio to seek shareholder approval for new board director terms
(Reuters) – Cloud communications company Twilio said on Wednesday it will seek shareholder approval at its upcoming annual meeting to change its board director terms
EV startup Fisker prepares for possible bankruptcy filing, WSJ reports
(Reuters) -Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported on Wednesday, citing people
SpaceX’s third Starship test flight gets FAA green light
By Joey Roulette WASHINGTON (Reuters) – The FAA on Wednesday granted SpaceX a license to test-launch the company’s Starship rocket system from Texas, according to
Wall Street ends mostly lower as chipmakers ease; inflation data ahead
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced
Yellen says US aims to ensure domestic EV maker success as China boosts exports
By David Lawder ELIZABETHTOWN, Kentucky (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of
Exclusive-Vista Equity seeks to tap banks for Solera IPO, sources say
By Echo Wang (Reuters) -Private equity firm Vista Equity Partners is seeking to hire investment banks for a U.S. initial public offering of Solera, a
JPMorgan hires former Global X chief investment officer as ETF strategist
By Suzanne McGee (Reuters) – JPMorgan Chase & Co said on Wednesday its asset management division had hired Jon Maier, the former chief investment officer
India’s Reliance to buy Paramount’s stake in Viacom18
(Reuters) -India’s Reliance Industries has agreed to buy Paramount Global’s entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86
US health department opens probe into UnitedHealth hack
By Sriparna Roy and Patrick Wingrove (Reuters) -The U.S. government on Wednesday said it has opened an investigation into the cyberattack at UnitedHealth Group’s Change