Swedish EV maker Polestar gets Nasdaq notice on potential de-listing
(Reuters) -Swedish electric vehicle firm Polestar said on Friday it was notified by the Nasdaq for not meeting the exchange’s…
Month: May 2024
Upside-down flag at US Supreme Court Justice Alito’s home prompts recusal calls
By Andrew Chung (Reuters) – U.S. Supreme Court Justice Samuel Alito faced calls from critics on Friday to step aside…
Fed’s Bowman repeats she’s willing to hike rates if needed
(Reuters) – U.S. Federal Reserve Governor Michelle Bowman on Friday repeated her view that inflation will fall further with the…
Oil prices rise after US economic data strengthens rate cut expectations
By Laila Kearney NEW YORK (Reuters) -Oil futures edged up on Thursday on a stabilizing U.S. job market and slower-than-expected…
Under Armour forecasts underwhelm on patchy demand, unveils restructuring
By Juveria Tabassum (Reuters) -Under Armour on Thursday forecast a surprise fall in sales for the year and laid out…
Boeing supplier Spirit AeroSystems to lay off about 400 employees, memo says
(Reuters) -Spirit AeroSystems is laying off several hundred members of its workforce in Wichita, Kan., according to an internal memo,…
Dow surpasses 40,000, world stocks hit record amid rate cut hopes
By Caroline Valetkevitch NEW YORK (Reuters) – The Dow Jones industrial average crossed the 40,000 level on Thursday for the…
Analysis-Walmart’s strong forecast signals a resilient consumer
By Siddharth Cavale and Aishwarya Venugopal (Reuters) – A positive forecast from retail bellwether Walmart on Thursday signaled a resilient…
Tesla gets local council go-ahead for German factory expansion
GRUENHEIDE, Germany (Reuters) – Tesla got the go-ahead for an expansion of its German factory in Gruenheide near Berlin from…
Dollar rebounds on high US import prices
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices…