By Katya Golubkova TOKYO (Reuters) – Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than
Year: 2024
Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high
(Reuters) – Amazon founder and executive chair Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory
Biden’s July 4th party kicks off events that may reassure Democrats
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) – If President Joe Biden is going to survive pressure to abandon his re-election campaign after a
Microsoft settles California probe over worker leave for $14 million
By Daniel Wiessner (Reuters) -Microsoft Corp has agreed to pay $14 million to settle a California agency’s claims that it illegally penalized workers who took
Meta’s Threads hits 175 million users ahead of one-year anniversary
By Yuvraj Malik and Jaspreet Singh (Reuters) – Meta Platforms’ newest social media offering Threads has over 175 million monthly active users, CEO Mark Zuckerberg
AbbVie cuts 2024 profit forecast on R&D expenses
(Reuters) -AbbVie lowered its 2024 adjusted profit forecast on Wednesday, citing $937 million in milestones, and research and development expenses related to acquisitions. The drugmaker
S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut
By Ankika Biswas, Lisa Pauline Mattackal and Saeed Azhar (Reuters) -The S&P 500 index and technology-laden Nasdaq rose on Wednesday to post record high closes,
Progressive to pay $48 million to settle claims it undervalued wrecked cars
By Jonathan Stempel NEW YORK (Reuters) – Progressive agreed to pay $48 million to settle a class action lawsuit accusing the insurer of systematically undervaluing
Walmart has held talks to sell its shuttered medical clinics, Fortune reports
(Reuters) – Walmart has held talks with potential buyers to sell its already shuttered medical clinics, Fortune reported on Tuesday, citing multiple sources familiar with
Trump-backed challenger beats US House Republican Bob Good in Virginia primary
By Moira Warburton WASHINGTON (Reuters) – Republican U.S. Representative Bob Good, the leader of a hardline House group, lost a Virginia primary for his seat