By Sinéad Carew and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq fell on Thursday, with the biggest…
Fed’s Williams: An ‘open question’ whether Fed will need to hike again
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams on Thursday kept his…
Rivian to benefit next year as EV battery material prices ease – CFO
(Reuters) -Electric-vehicle maker Rivian Automotive will benefit late this year and in 2024 from a significant deflation for battery material…
US to cancel Alaska oil, gas leases issued under Trump
By Jarrett Renshaw and Nichola Groom (Reuters) -The U.S. Interior Department on Wednesday said it would cancel oil and gas…
Roark Capital to buy sandwich chain Subway for up to $9.55 billion -sources
(This Aug. 24 story has been corrected to add that Barclays co-led the financing in paragraph 20) By Abigail Summerville,…
Wall St slides as economic data stokes inflation and interest rate worries
By Sinéad Carew and Shristi Achar A (Reuters) – Wall Street’s three major averages closed lower on Wednesday with the…
Big Tech’s core businesses face overhaul under EU tech rules
By Supantha Mukherjee and Martin Coulter (Reuters) -The European Union has picked out 22 so-called “gatekeeper” services, run by six…
Elon Musk borrowed $1 billion from SpaceX in same month of Twitter deal – WSJ
(Reuters) – Elon Musk withdrew a loan of $1 billion from SpaceX – the two-decade-old rocket company run by the…
SoftBank’s Arm starts IPO road show in Baltimore to court T. Rowe Price
By Echo Wang and Anirban Sen NEW YORK (Reuters) -Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp,…
Oil prices settle at 10-month high as Saudi, Russia extend supply cuts
By Shariq Khan BENGALURU (Reuters) – Oil prices rose a dollar a barrel on Tuesday to their highest since November,…