By Laura Sanicola (Reuters) -Oil prices settled lower on Wednesday, pressured by low economic activity…
Category: Business
Microsoft touts AI strength, but shares dip as market digests costs
By Stephen Nellis, Yuvraj Malik and Anna Tong (Reuters) -Microsoft beat market estimates for quarterly…
Payments firm PayPal to reduce global workforce by 9% in 2024
By Hannah Lang and Manya Saini (Reuters) -Payments firm PayPal Holdings is planning to cut…
S&P 500 hits fresh closing high ahead of Fed meeting, big tech earnings
By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced on Monday as market participants looked…
US bank regulator to boost transparency of merger reviews
By Pete Schroeder WASHINGTON (Reuters) -A top U.S. bank regulator on Monday proposed new regulations…
Amazon, Roomba-parent iRobot abandon $1.4 billion merger deal
By David Shepardson WASHINGTON (Reuters) -Amazon and robot vacuum maker iRobot said Monday they would…
US to announce billions in subsidies for advanced chips -WSJ
(Reuters) -President Joe Biden’s administration is expected to award billions of dollars in subsidies in…
U.S. home sales rise by most in over 3 years
By Amina Niasse NEW YORK (Reuters) -Pending U.S. home sales shot up in December by…
Exclusive-Morgan Stanley plans to double private credit portfolio to $50 billion
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Morgan Stanley’s asset management division…
JetBlue casts doubt on its merger deal with Spirit Airlines
By Shivansh Tiwary and Rajesh Kumar Singh (Reuters) -JetBlue Airways on Friday raised doubts about…