Nasdaq ends sharply lower as investors rotate out of Big Tech
By Noel Randewich and Lisa Pauline Mattackal (Reuters) -The Nasdaq ended sharply lower on Thursday, hit by losses in Nvidia,…
Month: July 2024
Conagra Brands forecasts annual organic sales below estimates on tepid demand
(Reuters) -Conagra Brands forecast annual revenue below estimates on Thursday, as cash-strapped shoppers turned to cheaper alternatives for their at-home…
Over 1.3 million in Texas remain without power after Beryl
By Liz Hampton (Reuters) – More than 1.3 million homes and businesses in Texas remained without power on Thursday, four…
PepsiCo feels squeeze as financial pressure spreads from low-income consumers
By Jessica DiNapoli and Ananya Mariam Rajesh NEW YORK (Reuters) – PepsiCo CEO Ramon Laguarta said Thursday there is “much…
Meta expands hate speech policy to remove more posts targeting ‘Zionists’
(Reuters) – Meta Platforms said on Tuesday it would start taking down more posts that target “Zionists”, where the term…
Israel Aerospace announces $1 billion deal with unnamed third party
JERUSALEM (Reuters) – Israel Aerospace Industries (IAI) has entered a $1 billion contract to supply one of its systems to…
US economy no longer overheated, Fed’s Powell tells Congress
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The U.S. is “no longer an overheated economy” with a job market…
Embattled Biden greets NATO allies in Washington
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden welcomes the heads of NATO member states to Washington on Tuesday…
FAA orders inspection of 2,600 Boeing 737s over oxygen mask issue
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said on Monday it is requiring inspections of 2,600 Boeing 737…
Devon Energy to buy PE-backed Grayson Mill’s Williston assets for $5 billion
By Seher Dareen (Reuters) – Devon Energy said on Monday it had entered into a deal to acquire private equity…