By Lewis Krauskopf NEW YORK (Reuters) – A spate of earnings reports in coming weeks is set to test a…
Wall Street rallies to end higher on Alphabet, Netflix lift
By Chuck Mikolajczak (Reuters) – U.S. stocks rallied to close higher on Friday, as the S&P 500 and Dow snapped…
U.S. House eyes creating task force on flawed aviation computer system
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives plans to take up bipartisan legislation next week to establish…
Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI
By Jeffrey Dastin (Reuters) – Google’s parent Alphabet Inc is cutting about 12,000 jobs as it faces “a different economic…
Here’s what Twitter lost in advertising revenue in final months of 2022
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) -Top advertisers on Twitter slashed their spending after Elon Musk’s takeover,…
Stocks rally with Netflix; dollar jumps vs yen after BOJ governor remarks
By Caroline Valetkevitch NEW YORK (Reuters) – Global equity indexes rose sharply on Friday, with Wall Street rallying after a…
On debt ceiling, White House bets Republicans will blink under pressure
By Trevor Hunnicutt WASHINGTON (Reuters) – The White House is refusing to negotiate with hardline Republicans on raising the debt…
Intesa reassures on capital distribution after asset risk worries hit shares
By Valentina Za MILAN (Reuters) – Intesa Sanpaolo sought to reassure investors over its ability to hit shareholder reward targets…
Yellen says Russian oil price cap could save African countries $6 billion annually
By Andrea Shalal DAKAR (Reuters) -Russia’s war in Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting…
U.S. hits debt ceiling as partisan standoff sparks economic worries
By David Morgan and David Lawder WASHINGTON (Reuters) – The U.S. government hit its $31.4 trillion borrowing limit on Thursday,…