Spirit to ramp up robotics to reduce 737 fuselage problems
By Abhijith Ganapavaram and Valerie Insinna (Reuters) -Spirit AeroSystems will invest in autonomous technology to limit any defects in its…
Category: Business
Novartis to acquire cancer-focused MorphoSys for $2.9 billion
(Reuters) -Drugmaker Novartis AG said it will acquire MorphoSys AG, a developer of cancer treatments, for 2.7 billion euros ($2.9…
Palantir forecasts strong 2024 profit on robust AI demand, shares jump (Feb. 5)
(Corrects to “Monday” from “Tuesday” in first paragraph of Feb. 5 story) By Arsheeya Bajwa (Reuters) -Palantir Technologies forecast 2024…
Marketmind: RBA eyed as US bond yield surge casts shadow
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The trading and investment climate across…
Dollar surges to 11-week high as Fed rate cut bets diminish
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar climbed to its highest in almost three months against…
Meta surges with record $196 billion gain in stock market value
By Samrhitha A, Aishwarya Venugopal and Chuck Mikolajczak (Reuters) -Meta Platforms added $196 billion in stock market value on Friday,…
Exxon beats estimates, ends 2023 with a $36 billion profit
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels…
Short sellers targeting regional bank stocks up $1 billion -Ortex
NEW YORK (Reuters) – Short sellers targeting shares of a group of U.S. regional banks, including New York Community Bancorp,…
Wall Street ends higher; earnings, jobs report in focus
By Stephen Culp (Reuters) -U.S. stocks rebounded on Thursday as investors looked to a spate of high-profile earnings and the…
Elon Musk bashed by heavy metal drummer who cost him $56 billion
By Tom Hals WILMINGTON, Delaware (Reuters) – Elon Musk suffered one of the biggest legal losses in U.S. history this…