(Reuters) -Lucid Group’s shares surged 43% on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment…
DOJ probing Visa on U.S. debit card practices, competition
(Reuters) – Visa Inc said on Friday the antitrust division of the U.S. Department of Justice had issued investigative demand…
White House blasts Big Oil stock buybacks again as Chevron profits double
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Friday launched a fresh attack against U.S.…
Dozen hedge funds eye bonanza as Rogers-Shaw deal nears close
By Maiya Keidan and Nell Mackenzie TORONTO/LONDON (Reuters) – As one of Canada’s most bitterly contested acquisitions nears the finish…
Ford recalls 462,000 vehicles for rear camera display failure
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said Friday it is recalling 462,000 vehicles worldwide because video output may…
A&W Restaurants CEO expects milder cost increase this year
By Hilary Russ NEW YORK (Reuters) – A&W Restaurants expects the total costs its franchisees pay for paper, burger patties,…
Intel’s ‘historic collapse’ erases $8 billion from market value
By Aditya Soni and Nivedita Balu (Reuters) – Intel Corp saw about $8 billion wiped off its market value on…
Stocks, dollar gain on allure of Fed soft landing
By Herbert Lash NEW YORK (Reuters) -World stocks rallied and the dollar edged up from eight-month lows on Friday as…
Bed Bath & Beyond’s efforts to find buyer stalled – Bloomberg News
(Reuters) -Bed Bath & Beyond Inc’s efforts to find a buyer ahead of a likely bankruptcy filing have stalled, Bloomberg…
Visa, Mastercard pin hopes on China reopening as travel boom fades
By Niket Nishant (Reuters) – Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a…