Intel’s Amazon chip deal lifts investor confidence in money-losing foundry unit
Daily Trader Insights (Reuters) – Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal...
Sahm rule creator sees 50-bps Fed rate cut on labor market worries
By Bansari Mayur Kamdar (Reuters) – The U.S. economy is not in a recession but...
Target to hire 100,000 seasonal workers for holiday season
(Reuters) -Target said on Monday that it would hire about 100,000 seasonal employees, in-line with...
Boeing imposes hiring freeze, takes steps to conserve cash after strike starts
WASHINGTON (Reuters) – Boeing is pausing hiring and taking sweeping steps to conserve cash after...
J&J gets $260 million talc verdict overturned in Oregon, new trial ordered
By Brendan Pierson (Reuters) – An Oregon judge has overturned a $260 million verdict against...
Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
(Reuters) -Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker’s disappointing quarterly...
Uber, Waymo to expand autonomous ride hailing to Austin, Atlanta
(Reuters) -Uber Technologies said on Friday it would expand its partnership with Alphabet’s Waymo to...
Brazil top court lifts Starlink, X account blockage after $3 million transfer
BRASILIA (Reuters) – Brazil’s Supreme Court Justice Alexandre de Moraes decided to lift blockages previously...
Vale sees 10% of its iron ore production coming from tailings by 2030
By Marta Nogueira BELO HORIZONTE, Brazil (Reuters) – Brazilian miner Vale expects that by 2030...
Carmakers adjust electrification plans as EV demand slows
(Reuters) – Several global automakers are scaling down their electrification targets, hurt by slowing demand...