By Johann M Cherian and Lisa Pauline Mattackal (Reuters) -The Nasdaq breached the 17,000 level for the first time on Tuesday, buoyed as AI darling
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Wall Street ushers in new era of faster trade settlement
By Laura Matthews and Carolina Mandl NEW YORK (Reuters) -U.S. trading on Tuesday moved to a shorter settlement cycle for securities transactions, putting investors and
Biden has ‘limited ability’ to step up border security, Democratic senator says
By Ted Hesson (Reuters) – U.S. President Joe Biden has “limited ability” to step up security at the U.S.-Mexico border via executive action, a top
Tesla shareholders advised to reject Musk’s $56 billion pay
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive
Live Nation ‘suffocates its competition,’ US says in monopoly lawsuit
By Sarah N. Lynch, David Shepardson and Mike Scarcella WASHINGTON (Reuters) -The U.S. Justice Department and a group of 30 states and the District of
Airlines, hotels, retailers fear being left out in Google’s search changes
By Foo Yun Chee BRUSSELS (Reuters) – Lobbying groups representing airlines, hotels and retailers have urged European Union tech regulators to ensure that Google takes
Inflation data, presidential debate could sink summer rally
By David Randall NEW YORK (Reuters) – The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and
Nasdaq jumps as Nvidia results drive up chip stocks
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – The tech-heavy Nasdaq and the benchmark S&P 500 opened at record highs on Thursday as chip
Goldman Sachs CEO says Fed unlikely to cut rates this year
By Suzanne McGee BOSTON (Reuters) – Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal Reserve to cut interest rates
Microsoft to unveil AI devices and features ahead of developer conference
By Max A. Cherney SEATTLE (Reuters) – Microsoft plans to announce several pieces of hardware and software related to consumer devices on Monday at an