Albemarle, Cummins receive tax credits under Biden’s clean energy drive
(Reuters) – Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation…
Author: Trading Reports Daily
IMF urges Bank of Japan to tread cautiously in raising interest rates
By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some…
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…
Meta releases early versions of its Llama 3 AI model
By Katie Paul NEW YORK (Reuters) -Meta Platforms on Thursday released early versions of its latest large language model, Llama…
Walmart-backed Ibotta shares surge 33% in strong market debut
By Jaiveer Shekhawat and Sri Hari N S (Reuters) -Shares of digital marketing firm Ibotta soared 33% on their debut…
Exclusive-Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
By Ron Bousso, David French and Marianna Parraga LONDON/HOUSTON (Reuters) – Hedge fund Elliott Investment Management is weighing a bid…
Mortgage rates top 7% for the first time this year, Freddie Mac says
By Amina Niasse NEW YORK (Reuters) – U.S. mortgage rates increased by the most since June and also crossed the…
Walmart-backed Ibotta targets up to $2.7 billion valuation in US IPO
(Reuters) – Walmart-backed digital marketing company Ibotta will likely raise $577.3 million at a valuation of $2.67 billion, after pricing…
Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office
By Gram Slattery WASHINGTON (Reuters) – U.S. Republican presidential candidate Donald Trump has indicated to advisers he is keen on…
Tesla layoffs include 14% of Buffalo workers, WARN notice shows
(Reuters) -Tesla will lay off 285 employees in Buffalo, New York, as part of its plans to trim 10% of…