By Shariq Khan BENGALURU (Reuters) -Oil prices rose about 1% on Friday on signs of slowing U.S. output, but both…
US places tariffs on some big solar companies for dodging China duties
By Nichola Groom (Reuters) -The United States on Friday finalized a decision to impose import duties on solar panel makers…
Wall Street ends lower on healthcare losses, interest rate jitters
By Saeed Azhar and Amruta Khandekar NEW YORK (Reuters) – Wall Street’s main indexes closed lower after choppy trading on…
US 30-year fixed mortgage rate jumps to near 21-1/2-year high
By Safiyah Riddle (Reuters) – U.S. mortgage rates surged this week, with the popular 30-year fixed rate hitting the highest…
Elon Musk’s SpaceX turns profit in first quarter as revenue soars – WSJ
(Reuters) -Elon Musk-owned SpaceX’s surging revenue helped it turn a small profit in the first quarter of 2023 after two…
Warren Buffett donates $27 million Berkshire stock
(Reuters) – Warren Buffett donated nearly $27 million of Berkshire Hathaway stock this week to an unnamed charity, the latest…
Tesla warns Core Lithium of potential lawsuit over failed deal
(Reuters) -Core Lithium has received a notice from electric-vehicle maker Tesla over a 2022 supply agreement that failed to materialize…
Microsoft to shut Xbox 360’s online store next year
(Reuters) – Microsoft said on Thursday it would pull the plug on Xbox 360’s online store and marketplace next year,…
Biden touts Inflation Reduction Act on first anniversary
By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – U.S President Joe Biden on Wednesday used the first anniversary of…
US FDA approves French drugmaker Ipsen’s rare bone disorder drug
By Bhanvi Satija and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration (FDA) on Wednesday approved French drugmaker Ipsen’s…