Analysis-Elliott’s $5 billion Honeywell gambit: would a split pay off?
By Utkarsh Shetti and Nathan Gomes (Reuters) – Diversified conglomerates were long a fixture of the U.S. stock market landscape, with the Dow industrials bolstered
Exclusive-Trump’s transition team aims to kill Biden EV tax credit
By Jarrett Renshaw (Reuters) – President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of
Factbox-Who could be in the running for Trump’s health team?
By Michael Erman and Patrick Wingrove (Reuters) – As President-elect Donald Trump’s transition team vets candidates for key healthcare positions, pharmaceutical industry sources said the
Disney offers robust multi-year forecast, stoking stock
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney shares surged Thursday after the entertainment giant reported quarterly earnings that beat Wall Street’s
TikTok launches AI-powered video platform to advertisers globally
(Reuters) – ByteDance-owned TikTok on Thursday announced the global availability of its generative AI video creation platform, Symphony Creative Studios, to all advertisers, as the
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
By Jody Godoy WASHINGTON (Reuters) -Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that
India’s Adani Group to invest $10 billion in US energy following Trump win
(Reuters) – India’s Adani Group will invest $10 billion in US energy security and infrastructure projects, aiming to create up to 15,000 jobs, chairman Gautam
Small-cap stocks face delicate balance between Trump boost and inflation risks
By Lisa Pauline Mattackal (Reuters) – U.S. small-cap stocks have surged to near record highs following Donald Trump’s presidential election win, but some investors are
Boeing starts issuing layoff notices as part of plan to cut 17,000 workers
WASHINGTON (Reuters) -Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted
Big bank deals could be spurred by Trump administration, executives say
By Tatiana Bautzer NEW YORK (Reuters) – President-elect Donald Trump’s return to the White House could usher in a wave of bank mergers and acquisitions