Wall Street jumps as jobs data eases slowdown fears
By Shubham Batra and Shashwat Chauhan (Reuters) – Wall Street’s main indexes rose nearly 2% on Thursday, bolstered by a…
Month: August 2024
Gilead quarterly profit beats Street estimates, revenue up 5%
By Deena Beasley (Reuters) -Gilead Sciences on Thursday reported second-quarter profit that handily beat Wall Street estimates, driven by lower…
US natural gas producers eye more output cuts as prices sink
By Georgina McCartney and Scott DiSavino HOUSTON/NEW YORK (Reuters) – Major U.S. natural gas producers are preparing to further curtail…
Walz’s long history with China draws attacks and praise
By Patricia Zengerle and David Brunnstrom WASHINGTON (Reuters) – Vice President Kamala Harris’ running mate, Minnesota Gov. Tim Walz, is…
NTSB to conduct safety culture survey of Boeing 737 MAX factory workers
(Reuters) – The National Transportation Safety Board plans to conduct a safety culture survey of employees at Boeing’s 737 MAX…
Robinhood’s Q2 revenue surges on strong trading in stocks, crypto
(Reuters) -Robinhood reported a surge in second-quarter revenue, boosted by strong trading in equities and cryptocurrencies, sending shares up 2%…
Kamala Harris picks Minnesota’s Tim Walz for vice president
By Andrea Shalal, Jarrett Renshaw, Nandita Bose and Richard Cowan WASHINGTON (Reuters) -Democratic presidential candidate Kamala Harris selected Minnesota Governor…
Airbnb forecasts dour third-quarter revenue as economic worries slow demand
(Reuters) – Vacation rental company Airbnb forecast third-quarter revenue below Wall Street estimates on Tuesday and reported a lower second-quarter…
Amgen second-quarter expenses hit profit, sales rise 20%
By Deena Beasley (Reuters) -Amgen on Tuesday said its second-quarter profit slipped 1% as higher expenses offset a 20% increase…
Google antitrust ruling may pose $20 billion risk for Apple
By Aditya Soni (Reuters) – Apple’s lucrative deal with Google could be under threat after a U.S. judge ruled that…