US new home sales unexpectedly rise in April
WASHINGTON (Reuters) -Sales of new U.S. single-family homes unexpectedly increased in April as builders lowered prices to lure buyers, but…
Nvidia earnings in focus as rising US yields, debt rattle markets
By Lewis Krauskopf NEW YORK (Reuters) -An earnings report from semiconductor giant and artificial intelligence bellwether Nvidia takes center stage…
Markets fall as Trump recommends 50% tariff on EU, targets Apple
LONDON/NEW YORK (Reuters) -U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple along…
Adtech platform MNTN valued at $1.6 billion in another sign of IPO markets comeback
By Ateev Bhandari and Niket Nishant (Reuters) -MNTN, an advertising platform for internet-connected TVs which has actor Ryan Reynolds as…
Exclusive-FTC probes Media Matters over Musk’s X boycott claims, document shows
By Jody Godoy and Mike Scarcella (Reuters) -The U.S. Federal Trade Commission has demanded documents from Media Matters about possible…
Nestle’s Nescafe to invest additional $89 million in Brazil business
SAO PAULO (Reuters) – Nestle’s Nescafe plans to invest an additional 500 million reais ($88.7 million) in Brazil by 2028,…
Walmart plans job cuts in restructuring push to simplify operations
(Reuters) -U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify…
AT&T agrees to buy Lumen’s consumer fiber business for $5.75 billion
By Milana Vinn (Reuters) -AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in…
Bitcoin surges to all-time peak as crypto sentiment improves
By Samuel Indyk, Alun John, Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Bitcoin rose to its highest level on record on Wednesday,…
Nike set to raise prices next week, plans to sell on Amazon again
(Reuters) -Nike is planning to raise prices of some products from next week and will sell items on Amazon after…