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Chip stock rally, upbeat retail sales data boost indexes

Chip stock rally, upbeat retail sales data boost indexes

Editor October 17, 2024
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -Wall Street rose on Thursday, with the S&P 500...
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Strong discretionary spending buoys US retail sales in September

Strong discretionary spending buoys US retail sales in September

Editor October 17, 2024
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales increased solidly in September likely as lower gasoline prices...
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Bain & Co, OpenAI expand partnership to sell AI tools to clients
  • Business

Bain & Co, OpenAI expand partnership to sell AI tools to clients

Editor October 17, 2024
(Reuters) – Bain & Co said on Thursday it will expand its partnership with OpenAI to sell...
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EV maker Lucid expects to raise $1.67 billion from stock sale
  • Business

EV maker Lucid expects to raise $1.67 billion from stock sale

Editor October 17, 2024
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement...
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FTC takes on subscription traps with ‘click to cancel’ rule

FTC takes on subscription traps with ‘click to cancel’ rule

Editor October 16, 2024
By Jody Godoy (Reuters) – The U.S. Federal Trade Commission adopted a final rule on Wednesday requiring...
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Musk gave $75 million to pro-Trump group, becoming a Republican mega donor

Musk gave $75 million to pro-Trump group, becoming a Republican mega donor

Editor October 16, 2024
By Alexandra Ulmer and Rachael Levy (Reuters) -Elon Musk gave around $75 million to his pro-Donald Trump...
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Boeing closes in on $15 billion financing via stock, hybrid bonds

Boeing closes in on $15 billion financing via stock, hybrid bonds

Editor October 16, 2024
By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise around $15...
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Biden announces $425 million in military aid for Ukraine

Biden announces $425 million in military aid for Ukraine

Editor October 16, 2024
WASHINGTON (Reuters) -U.S. President Joe Biden spoke to Ukrainian President Volodymyr Zelenskiy on Wednesday about efforts to...
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Mexico ex-drug czar to be sentenced over bribes from cartels

Mexico ex-drug czar to be sentenced over bribes from cartels

Editor October 16, 2024
By Luc Cohen NEW YORK (Reuters) – Genaro Garcia Luna, who for several years led Mexico’s fight...
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Trump Media extends rebound in one of its heaviest trading sessions
  • Business

Trump Media extends rebound in one of its heaviest trading sessions

Editor October 15, 2024
(Reuters) – Shares of former U.S. President Donald Trump’s media company surged 6% on Tuesday to their...
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