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Stop whining about Trump and focus on Europe’s interests, Dutch PM says
Top News

Stop whining about Trump and focus on Europe’s interests, Dutch PM says

February 17, 2024February 17, 2024

(Adds link in paragraph 2) By John Irish MUNICH (Reuters) – Outgoing Dutch Prime Minister Mark Rutte, the frontrunner to…

Wall Street slides as hot producer price data crimps rate cut bets
Business

Wall Street slides as hot producer price data crimps rate cut bets

February 17, 2024February 17, 2024

By Carolina Mandl, Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stocks fell on Friday with the Nasdaq showing the largest…

Yields, dollar rise after stronger-than-expected US PPI data
Business

Yields, dollar rise after stronger-than-expected US PPI data

February 16, 2024February 17, 2024

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields rose and the dollar edged up against the yen on Friday…

JPMorgan to pay about $350 million penalty over trade reporting gaps
Business

JPMorgan to pay about $350 million penalty over trade reporting gaps

February 16, 2024February 17, 2024

(Reuters) -JPMorgan Chase and Co will pay civil penalties of about $350 million to regulators for reporting incomplete trading data…

OpenAI valued at $80 billion after deal, NYT reports
Business

OpenAI valued at $80 billion after deal, NYT reports

February 16, 2024February 17, 2024

(Reuters) -Microsoft-backed OpenAI has completed a deal that values the artificial intelligence company at $80 billion or more, the New…

Nvidia’s scorching shares drew hedge funds in Q4, filings show
Business

Nvidia’s scorching shares drew hedge funds in Q4, filings show

February 16, 2024February 16, 2024

(This Feb. 14 story has been corrected to change stock performance to ‘nearly 240%’ from 65%, in paragraph 2) By…

Oil settles up, records weekly gain on Middle East tensions
Business

Oil settles up, records weekly gain on Middle East tensions

February 16, 2024February 16, 2024

By Nicole Jao NEW YORK (Reuters) -Oil prices settled higher on Friday as geopolitical tensions in the Middle East more…

Amazon joins companies arguing US labor board is unconstitutional
Business

Amazon joins companies arguing US labor board is unconstitutional

February 16, 2024February 16, 2024

By Daniel Wiessner (Reuters) – Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe’s in claiming that a…

DoorDash’s rising labor costs weigh on Q1 profit outlook, shares fall
Business

DoorDash’s rising labor costs weigh on Q1 profit outlook, shares fall

February 15, 2024February 15, 2024

By Granth Vanaik (Reuters) -DoorDash on Thursday forecast a quarterly profitability metric below Wall Street expectations, hurt by higher labor…

Applied Materials sees quarterly revenue above estimates on AI boom
Business

Applied Materials sees quarterly revenue above estimates on AI boom

February 15, 2024February 15, 2024

(Reuters) -Semiconductor equipment supplier Applied Materials forecast better-than-expected second-quarter revenue on strong demand for advanced chips used in artificial intelligence…

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