Trump’s Stormy Daniels hush money trial to start on April 15, judge rules
By Luc Cohen and Jack Queen NEW YORK (Reuters) -Donald Trump’s criminal trial on charges stemming from hush money paid…
Month: March 2024
Luxury EV maker Lucid to raise $1 billion from Saudi’s PIF affiliate
(Reuters) -Lucid said on Monday it is raising $1 billion in capital from an affiliate of Saudi Arabia’s Public Investment…
Investors greenlight Trump’s $5.7 billion social media deal
By Helen Coster, Svea Herbst-Bayliss (Reuters) -Former U.S. President Donald Trump came a step closer on Friday to reaping a…
S&P 500 ends near flat but index posts biggest weekly gain of year
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 ended little changed on Friday, but the index registered its biggest…
FedEx soars on profit beat, improved margins in its Express unit
By Shivansh Tiwary (Reuters) -FedEx shares surged on Friday after the parcel giant beat estimates for quarterly profit and reported…
Walmart-backed tech firm Ibotta files for US IPO
(Reuters) – Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it said in a…
Nike warns of revenue dip as it cuts back on key products
By Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike warned on Thursday that its revenue in the first half of…
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end…
Lululemon warns of slowing North America sales as spending falters
By Annett Mary Manoj (Reuters) -Lululemon Athletica forecast annual revenue and profit below expectations on Thursday as demand wanes for…
BlackRock urges Texas fund managers to reconsider after $8.5 billion divestment
By Isla Binnie NEW YORK (Reuters) -A senior BlackRock executive said on Thursday the world’s largest asset manager was “dismayed”…