By Ananya Mariam Rajesh (Reuters) -Nike shares slumped as much as 20.6% in afternoon trade on Friday and were on…
Month: June 2024
Biden acknowledges age, bad debate performance but vows to defeat Trump
By Steve Holland, David Morgan and Nandita Bose RALEIGH, North Carolina (Reuters) -President Joe Biden said on Friday he intended…
US Supreme Court blocks Purdue Pharma bankruptcy settlement
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that…
Fed’s Bostic says inflation moving in ‘right direction,’ sees one Q4 rate cut
By Howard Schneider WASHINGTON (Reuters) – Inflation in the U.S. “appears to be narrowing” and that should allow the Federal…
Top US carriers say roaming customers facing connectivity issues
(Reuters) – Major U.S. telecom service providers said on Thursday some of their users traveling overseas were having connectivity problems…
Texas power demand to break June, July records in heat wave, grid operator says
By Scott DiSavino (Reuters) – The Texas power-grid operator forecast electricity use will break the peak demand record for June…
Exclusive-Codelco copper output falls behind target in May, document shows
By Fabian Cambero SANTIAGO (Reuters) – Chile’s state mining giant Codelco, one of the world’s largest copper producers, fell further…
Tennessee turns failed Graceland auction probe over to federal investigators
By Jasper Ward (Reuters) – Tennessee’s attorney general has asked the federal government to take over an investigation into an…
Crypto firm Abra reaches settlement with US states for operating without licenses
By Hannah Lang (Reuters) – Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform…
Volvo to delay EX30’s US shipments due to higher tariffs on Chinese imports, Bloomberg News reports
(Reuters) – Volvo will postpone the U.S. deliveries of its EX30 electric car as it shifts production of the compact…