S&P, Nasdaq end at records as inflation data supports rate cut view
By Chuck Mikolajczak and Noel Randewich NEW YORK (Reuters) -The S&P 500 and Nasdaq closed at record highs on Thursday,…
Month: February 2024
Boeing agrees to $51 million settlement for US export violations, including in China
By David Shepardson WASHINGTON (Reuters) -Boeing said on Thursday it had reached a $51 million settlement with the U.S. State…
Wall St slips with inflation data on deck
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed slightly lower on Wednesday, a day ahead of a key…
Salesforce sees annual revenue below estimates on weak cloud demand
By Zaheer Kachwala (Reuters) -Salesforce expanded its stock buyback program by $10 billion and announced a new dividend, but its…
Paramount posts surprise profit as streaming gains offset weak ad market
By Samrhitha A (Reuters) -Paramount Global fell short of Wall Street estimates for quarterly revenue on Wednesday but posted a…
Trump loses bid to pause $454.2 million judgment in NY civil fraud case
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Donald Trump on Wednesday lost a bid to pause a $454.2…
Stocks pause as key inflation data eyed
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near flat on Tuesday ahead of inflation and other economic data…
US launches antitrust investigation into UnitedHealth, WSJ reports
(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street Journal reported on…
Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year after…
EBay beats earnings estimates on strong U.S. holiday spending
(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during…