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Coinbase to face revived lawsuit by customers FILE PHOTO: Illustration shows smartphone with displayed Coinbase logo
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Coinbase to face revived lawsuit by customers

Market Spectator April 5, 2024
By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Friday revived a lawsuit by...
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US stocks’ lofty valuations in spotlight as earnings season nears A trader works on the trading floor at the New
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US stocks’ lofty valuations in spotlight as earnings season nears

Market Spectator April 5, 2024
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – The U.S. stock market is the most...
Read More Read more about US stocks’ lofty valuations in spotlight as earnings season nears
Tesla scraps low-cost car plans amid fierce Chinese EV competition FILE PHOTO: A Tesla logo is seen in Los Angeles
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Tesla scraps low-cost car plans amid fierce Chinese EV competition

Market Spectator April 5, 2024
(Reuters) -Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its...
Read More Read more about Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla’s bumpy ride, captured in five charts FILE PHOTO: Tesla on display at the Everything Electric exhibition
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Tesla’s bumpy ride, captured in five charts

Market Spectator April 5, 2024
(Reuters) – Tesla’s reported move to scrap plans for a low-cost car marks the latest disappointment for...
Read More Read more about Tesla’s bumpy ride, captured in five charts
Volkswagen EVs ‘can’t keep up’ in China, CEO tells newspaper FILE PHOTO: New York International Auto Show Press Preview
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Volkswagen EVs ‘can’t keep up’ in China, CEO tells newspaper

Market Spectator April 5, 2024
BERLIN (Reuters) – Volkswagen wants to avoid setting “utopian” goals for its market share in China, its...
Read More Read more about Volkswagen EVs ‘can’t keep up’ in China, CEO tells newspaper
Powell sticks with Fed’s cautious rate-cut strategy U.S. Federal Reserve Chair Jerome Powell speaks at the 2024
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Powell sticks with Fed’s cautious rate-cut strategy

Market Spectator April 3, 2024
By Howard Schneider and Abhirup Roy STANFORD, California (Reuters) -Federal Reserve officials including U.S. central bank chief...
Read More Read more about Powell sticks with Fed’s cautious rate-cut strategy
White House directs NASA to create time standard for the moon A plane is pictured in front of the full moon
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White House directs NASA to create time standard for the moon

Market Spectator April 3, 2024
By Joey Roulette and Will Dunham WASHINGTON (Reuters) – The White House on Tuesday directed NASA to...
Read More Read more about White House directs NASA to create time standard for the moon
Costco offering members access to weight-loss programs including medication FILE PHOTO: A sign is seen outside a Costco Wholesale
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Costco offering members access to weight-loss programs including medication

Market Spectator April 3, 2024
(Reuters) – Costco Wholesale will offer its members access to weight-loss programs, including prescription drugs Ozempic and...
Read More Read more about Costco offering members access to weight-loss programs including medication
JetBlue pilots open negotiations over new labor deal FILE PHOTO: Jetblue commercial aircraft takes off from  Las
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JetBlue pilots open negotiations over new labor deal

Market Spectator April 3, 2024
(Reuters) – Nearly 5,000 pilots represented by the Air Line Pilots Association (ALPA) served a notice to...
Read More Read more about JetBlue pilots open negotiations over new labor deal
Amazon Web Services lays off several hundred tech, sales staff FILE PHOTO: Attendees walk through an expo hall at AWS
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Amazon Web Services lays off several hundred tech, sales staff

Market Spectator April 3, 2024
(Reuters) – Amazon Web Services has eliminated several hundred sales, marketing and tech roles, it said on...
Read More Read more about Amazon Web Services lays off several hundred tech, sales staff

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