Oil up 3% on Gaza ceasefire rejection and US fuel stocks data
By Nicole Jao LONDON (Reuters) -Oil prices gained more than 3% on Thursday on concerns of a broadening conflict in…
Tag: Updated
Disney answers activists with gaming investment, ESPN streaming plans
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney CEO Bob Iger hit back at activist investors on…
PayPal sees flat profit in ‘transition year,’ shares fall
By Manya Saini (Reuters) – PayPal’s forecast of flat growth in adjusted profit for the current year overshadowed its market-beating…
Crypto ransom attack payments hit record $1 billion in 2023 – Chainalysis
By Medha Singh (Reuters) -Payments from crypto-related ransom attacks nearly doubled to a record $1 billion in 2023, blockchain analytics…
Google calls out spyware firms and advocates for tighter regulation
By Zeba Siddiqui (Reuters) -Internet giant Google on Tuesday called out a series of surveillance software companies that it said…
Fed’s Mester open to rate cuts if it’s clear inflation is easing further
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that if the U.S.…
DuPont sets $1 billion stock buyback target, hikes dividend after Q4 profit beat
By Saikeerthi . (Reuters) -DuPont de Nemours announced a new $1 billion stock repurchase program and a 6% rise in…
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…
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…