Cerevel options trading surge before AbbVie deal news raises eyebrows
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Trading in the options of Cerevel Therapeutics Holdings Inc experienced an unusual surge…
Month: December 2023
Fear of cheap Chinese EVs spurs automaker dash for affordable cars
By Nick Carey and Paul Lienert LONDON/DETROIT (Reuters) – The rise of inexpensive Chinese electric vehicles has upped the pressure…
American Airlines asks US court to overturn ruling barring JetBlue alliance
By Nate Raymond BOSTON (Reuters) – American Airlines has asked a U.S. appeals court to reverse a judge’s decision that…
Dollar General warns of constrained consumer spending heading into 2024
By Granth Vanaik (Reuters) -Dollar General on Thursday warned of constrained customer spending, especially in categories such as clothes and…
China and EU leaders agree on need of ‘balanced’ trade ties
By Laurie Chen BEIJING (Reuters) -China and the European Union agreed their trade relationship should be more balanced at their…
Robinhood expands crypto trading to more-regulated European Union
(Reuters) -Robinhood Markets on Thursday launched crypto trading for customers in the European Union, expanding into a market with greater…
Elon Musk’s AI firm xAI files to raise up to $1 billion in equity offering
(Reuters) -Elon Musk’s artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion…
US to award $6.1 billion to Las Vegas, California high-speed rail projects
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department is awarding $3 billion for a $12 billion Las Vegas…
PNC sees growth opportunity in capital-led market disruptions
By Nupur Anand NEW YORK (Reuters) – PNC Financial Services CEO William Demchak on Tuesday said that the market disruptions…
Johnson & Johnson forecasts as much as 6% sales growth in 2024
By Patrick Wingrove and Bhanvi Satija (Reuters) -Johnson & Johnson on Tuesday forecast revenue growth of 5-6% for 2024, its…