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US stock market leadership eyed with crucial economic data on tap 2025-05-09T100512Z_1_LYNXMPEL480AO_RTROPTP_4_USA-STOCKS-1

US stock market leadership eyed with crucial economic data on tap

Editor May 9, 2025
By Lewis Krauskopf NEW YORK (Reuters) -Investors head into a busy week for economic data watching if...
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Delta, Korean Air to buy 25% stake in Canada’s WestJet 2025-05-09T101947Z_1_LYNXMPEL480BF_RTROPTP_4_CANADA-AIRPORT-PEARSON-1
  • Business

Delta, Korean Air to buy 25% stake in Canada’s WestJet

Editor May 9, 2025
(Reuters) -Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada’s WestJet...
Read More Read more about Delta, Korean Air to buy 25% stake in Canada’s WestJet
Investors pull money out of US equity funds for a fourth straight week 2025-05-09T112449Z_1_LYNXMPEL480EC_RTROPTP_4_USA-STOCKS-1

Investors pull money out of US equity funds for a fourth straight week

Editor May 9, 2025
(Reuters) -U.S. equity funds saw outflows for a fourth straight week through May 7, driven by uncertainties...
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US Postal Service reports $3.3 billion quarterly net loss 2025-05-09T144538Z_1_LYNXMPEL480MC_RTROPTP_4_USA-DAILYLIFE-1

US Postal Service reports $3.3 billion quarterly net loss

Editor May 9, 2025
WASHINGTON (Reuters) -The U.S. Postal Service on Friday reported a net loss of $3.3 billion for the...
Read More Read more about US Postal Service reports $3.3 billion quarterly net loss
Apple is developing specialized chips for smart glasses and AI servers, Bloomberg News reports 2025-05-08T174551Z_1_LYNXMPEL4710D_RTROPTP_4_APPLE-ANTHROPIC-AI

Apple is developing specialized chips for smart glasses and AI servers, Bloomberg News reports

Editor May 8, 2025
(Reuters) -Apple is developing specialized chips that will power future devices including its first smart glasses, artificial...
Read More Read more about Apple is developing specialized chips for smart glasses and AI servers, Bloomberg News reports
Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud 2025-05-08T194055Z_3_LYNXMPEL470ZB_RTROPTP_4_USA-STOCKS

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

Editor May 8, 2025
By Jonathan Stempel (Reuters) -Citigroup must face a revived lawsuit claiming it caused more than $1 billion...
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Stablecoin bill fails to clear key hurdle in U.S. Senate 2025-05-08T194915Z_1_LYNXMPEL4714R_RTROPTP_4_FINTECH-CRYPTO-STABLECOIN-BILL

Stablecoin bill fails to clear key hurdle in U.S. Senate

Editor May 8, 2025
By Hannah Lang (Reuters) -Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known...
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Microsoft doesn’t allow its employees to use China’s Deepseek-President 2025-05-08T164546Z_1_LYNXMPEL470YC_RTROPTP_4_TECHAI-USA-CONGRESS

Microsoft doesn’t allow its employees to use China’s Deepseek-President

Editor May 8, 2025
WASHINGTON (Reuters) -Microsoft does not allow its employees to use an artificial intelligence app developed by Chinese...
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Trump signals US might ease chip export curbs on some Gulf countries 2025-05-07T182708Z_1_LYNXMPEL460ZJ_RTROPTP_4_USA-TRUMP-1

Trump signals US might ease chip export curbs on some Gulf countries

Editor May 7, 2025
By Jeff Mason WASHINGTON (Reuters) – President Donald Trump said on Wednesday he will soon have an...
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Stellantis to cut up to 500 jobs through voluntary exits at Italy’s Melfi plant, union says 2025-05-07T151532Z_1_LYNXMPEL460SG_RTROPTP_4_AUTOS-CHINA-STELLANTIS-LEAPMOTOR-1
  • Business

Stellantis to cut up to 500 jobs through voluntary exits at Italy’s Melfi plant, union says

Editor May 7, 2025
(Reuters) -Carmaker Stellantis will cut up to 500 jobs through voluntary exits at its Melfi assembly plant...
Read More Read more about Stellantis to cut up to 500 jobs through voluntary exits at Italy’s Melfi plant, union says

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