Author: Trading Reports Daily

US sets stage for antitrust probes into Microsoft, OpenAI and Nvidia

By Jody Godoy (Reuters) – The U.S. Justice Department and the Federal Trade Commission have reached a deal that clears…

June 9, 2024January 27, 2025

Wall Street stocks close slightly lower; jobs data strong but rates still high

By Chibuike Oguh NEW YORK (Reuters) -Wall Street stocks ended slightly lower on Friday in choppy trading after stronger-than-expected U.S.…

Business

Nippon Steel executive saw positive reaction from U.S. Steel workers and others

TOKYO (Reuters) – Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel’s employees and community leaders this week to…

Business

Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows

(Reuters) – Warren Buffett’s Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7,…

Norway wealth fund to vote against Musk’s $56 billion Tesla pay package

By Louise Rasmussen and Gwladys Fouche OSLO (Reuters) -Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote…

Fed hawks and doves: what they are saying on monetary policy

(Reuters) -The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of…

Business

Exclusive-IPOs of Walmart’s Flipkart, PhonePe could take couple of years, Walmart exec says

By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Initial public offerings of Walmart’s Flipkart marketplace and PhonePe digital payments platform could…

Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay

By Tom Hals WILMINGTON, Delaware (Reuters) – The legal team that voided Elon Musk’s record Tesla pay package deserves a…

U.S. trade panel votes to proceed with solar panel tariff probe

(Reuters) – The U.S. International Trade Commission (ITC) voted on Friday to proceed with an investigation into whether solar panels…