Biden to call for expanding Medicare drug negotiation program
By Ahmed Aboulenein WASHINGTON (Reuters) – President Joe Biden will call on Congress to expand the number of drugs subject…
Month: March 2024
BofA joins rivals in predicting stronger investment banking revenue
By Saeed Azhar NEW YORK (Reuters) -Bank of America expects its investment banking revenue to rise by 10% to 15%…
OpenAI hits back at Musk, says billionaire pushed for merger with Tesla
By Aditya Soni and Abinaya V (Reuters) – OpenAI on Tuesday hit back at Elon Musk’s claims that the startup…
Trump, Biden dominate Super Tuesday contests as they march toward rematch
By Nathan Layne and Alexandra Ulmer PALM BEACH, Florida/HUNTINGTON BEACH, California (Reuters) -U.S. President Joe Biden and former President Donald…
Tech-heavy Nasdaq leads Wall Street lower as megacaps, chips slide
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street three major indexes all retreated more than 1% on Tuesday,…
Nordstrom’s weak 2024 forecasts overshadow strong holiday-quarter sales
By Ananya Mariam Rajesh (Reuters) -Nordstrom forecast annual results largely below Wall Street expectations on Tuesday, signaling a slower-than-expected rebound…
JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle
By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) -JetBlue Airways and Spirit Airlines scrapped their $3.8-billion merger agreement on Monday,…
Marketmind: Risk rally gathers steam, China unveils goals
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. There is no shortage of potential…
Former Twitter execs sue Elon Musk for over $128 million in severance
(Reuters) -Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in…
Apple hit with $2 billion EU antitrust fine in Spotify case, will appeal
By Foo Yun Chee BRUSSELS (Reuters) -Brussels on Monday fined Apple 1.84 billion euros ($2 billion) for thwarting competition from…