By David Lawder WASHINGTON (Reuters) -U.S. President Joe Biden vowed Thursday to raise taxes on wealthy Americans and large companies,…
Costco Wholesale misses revenue estimates on weak discretionary spending
By Aatrayee Chatterjee (Reuters) -Costco Wholesale fell short of Wall Street estimates for quarterly sales on Thursday due to tepid…
Xcel Energy says its facilities likely started Texas fire
By Laila Kearney (Reuters) -Electric utility Xcel Energy said on Thursday its facilities likely started the Smokehouse Creek fire, which…
US regulators greenlit NYCB’s rapid growth, even with red flags
By Pete Schroeder, Michelle Price and Koh Gui Qing WASHINGTON (Reuters) -A U.S. banking regulator could have stopped New York…
Nikki Haley ends White House bid, clearing path for a Trump-Biden rematch
By Gram Slattery and Joseph Ax CHARLESTON, South Carolina (Reuters) -Nikki Haley ended her long-shot challenge to Republican presidential frontrunner…
Tesla shares fall after Morgan Stanley cuts price target on weakening EV demand
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla fell for a third day on Wednesday after a closely watched…
Gold extends record run as rate cut bets gain ground
By Anjana Anil (Reuters) – Gold rallied to a record on Wednesday, building on stellar momentum driven mostly by bets…
Cancer-causing chemical found in Clinique, Clearasil acne treatments, U.S. lab reports
(Reuters) -High levels of cancer-causing chemical benzene were detected in some acne treatments from brands including Estee Lauder’s Clinique, Target’s…
Meta’s Facebook, Instagram back up after global outage
By Jaspreet Singh and Aditya Soni (Reuters) -Meta-owned Facebook and Instagram were back up on Tuesday after a more than…
Target sees sales recovery in 2024, unveils paid membership tier
By Siddharth Cavale and Savyata Mishra (Reuters) -Target on Tuesday reported higher holiday-quarter earnings on a smaller-than-expected sales decline and…