US homebuilder stocks surge on hopes for demand boost after Fed rate cuts
Daily Trader Insights (Reuters) – Shares of major U.S. homebuilders surged in premarket trade on Thursday, buoyed by...
Disney to stop using Salesforce-owned Slack after hack exposed company data, WSJ reports
(Reuters) -Walt Disney plans to transition away from its use of Slack as a companywide...
Coca-Cola plans to invest $1 billion in Nigeria operations, presidency says
ABUJA (Reuters) – Coca-Cola plans to invest $1 billion in its Nigeria operations over the...
Trump Media shares face potential sell-off as insider selling restrictions lift
By Medha Singh and Noel Randewich (Reuters) – While former U.S. President Donald Trump has...
Google urges tribunal to throw out $9.3 billion UK lawsuit over search ‘dominance’
LONDON (Reuters) – Google parent Alphabet on Wednesday asked a London tribunal to throw out...
Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on...
Teamsters will not endorse any US presidential candidate in 2024
WASHINGTON (Reuters) – The Teamsters union’s executive board said Wednesday the union will not endorse...
Walmart’s Sam’s Club to raise hourly pay for 100,000 workers from November
(Reuters) – Walmart-owned Sam’s Club said on Tuesday it would raise average hourly wages for...
Over-priced Fed rate cuts make T-bills unattractive, Federated Hermes says
By Alun John LONDON (Reuters) – Market expectations of substantial U.S. rate cuts this year...
Intel’s Amazon chip deal lifts investor confidence in money-losing foundry unit
(Reuters) – Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal...