FedEx says U.S. Express service disrupted, blames FAA IT outage overnight
LOS ANGELES (Reuters) -FedEx Corp on Wednesday said its U.S. Express deliveries could be delayed due to an overnight Federal…
Author: Trading Reports Daily
U.S. will extend EU metals tariff exemption if needed -envoy
BRUSSELS (Reuters) – The United States will roll over its suspension of tariffs on European Union steel and aluminium if…
UAW strikes GM’s Escalade factory, turning up pressure for higher wages
By David Shepardson and Joseph White (Reuters) -The United Auto Workers (UAW) union on Tuesday struck a General Motors assembly…
Tesla aware of Autopilot steering malfunction before fatal crash -lawyer
By Dan Levine and Hyunjoo Jin (Reuters) – An attorney suing Tesla over a fatal accident cited an internal safety…
Microsoft’s AI bets boost cloud business, Alphabet yet to find silver lining
By Akash Sriram and Anna Tong (Reuters) – Google-parent Alphabet’s cloud business suffered as long-time rival Microsoft’s took off in…
Google-parent Alphabet’s cloud division misses revenue estimates, as Microsoft’s cloud booms
By Max A. Cherney and Akash Sriram (Reuters) -Google-parent Alphabet’s cloud business crawled to its slowest in at least 11…
BlackRock bitcoin ETF added to eligibility file, says clearing house DTCC
SINGAPORE (Reuters) -BlackRock’s proposed bitcoin exchange-traded fund (ETF) was added to a clearing-house eligibility file in August, but the move…
Wall Street surges to close higher, powered by upbeat earnings, guidance
By Stephen Culp NEW YORK (Reuters) – Wall Street ended higher on Tuesday as a spate of solid corporate earnings…
Apple to hold special event on Oct. 30 dubbed ‘Scary Fast’
(Reuters) – IPhone maker Apple said on Tuesday it will hold a special event named “Scary Fast” on Oct. 30.…
Chevron to buy Hess for $53 billion in latest oil mega-merger
By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) – Chevron has agreed to buy Hess for $53 billion in stock…