Boeing halts hiring and considers furloughs, strike enters fourth day
Boeing union members rejected a collective bargaining agreement last week Union: Negotiations to resume on Tuesday Union members angry about decades of wage stagnation Boeing struggles with aircraft production and debt crisis SEATTLE, Sept 16 (Reuters) – Boeing is halting…
Bank of England publishes almost final Basel capital adequacy rules on 12 September
LONDON, Aug 29 (Reuters) – The Bank of England said on Thursday it would release its “near-final” interpretation of the Basel capital reforms for banks, aimed at protecting global banks from shocks, on Sept. 12, amid growing speculation that implementation…
School bans raising the American flag on a student’s truck
An Oklahoma high school student was recently banned from flying the American flag on his truck on school grounds, sparking an outpouring of support for the student from the local community and significant backlash against the school. According to KOCO,…
Telegram boss’s lawyer dismisses investigations against Durov as absurd
PARIS, Aug 29 (Reuters) – A lawyer for Telegram boss Pavel Durov, who is under investigation in France, said it was “completely absurd” to claim that the head of a social network was responsible for any crimes committed on the…
Nvidia’s forecast dampens AI enthusiasm of other technology stocks
Nvidia loses $200 billion in market value Other AI companies such as Broadcom, AMD, Microsoft and Amazon are also losing ground Investors’ high expectations led to disappointment despite Nvidia’s strong earnings August 28 (Reuters) – Nvidia shares (NVDA.O)opens new tab…
Share prices unchanged ahead of Nvidia earnings and US economic data
Wall Street indices slightly down Nvidia earnings expected after market close Dollar recovers Gold price falls Crude oil falls NEW YORK/LONDON, Aug 28 (Reuters) – Global stock markets fell while the U.S. dollar recovered on Wednesday ahead of the release…
Stock prices fall slightly, oil price rises due to supply concerns in the Middle East and Libya
Article 1 of 3 Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo (1/3)Traders work on the trading floor of the New York Stock Exchange…
With US interest rate cuts looming, the chances of an economic “soft landing” could determine equity performance
Investors focus on economic data to gauge a soft landing Labor market data crucial for future interest rate cut expectations September is traditionally the weakest month for the performance of the S&P 500 Aug 26 (Reuters) – With rate cuts…
Wall Street closes lower as tech stocks weigh; Jackson Hole in focus
Weekly unemployment reports meet expectations US Treasury yields rise as recession fears ease Zoom benefits from increased full-year revenue forecast Indices in the red: Dow 0.43%, S&P 500 0.89%, Nasdaq 1.67% NEW YORK, Aug 22 (Reuters) – All three major…
Exclusive: Evolent Health in sale talks after takeover interest, sources say
NEW YORK, Aug 22 (Reuters) – Evolent Health (EVH.N)opens new tab is currently in talks with private equity firms and health care providers about a potential sale. The process was initiated after interest in an acquisition emerged, people familiar with…
