(Reuters) – A drone launched from Iran struck a chemical tanker in the Indian ocean early on Saturday, the U.S.…
Wall Street awaits ‘Santa Rally’ with US stocks near records
By Lewis Krauskopf NEW YORK (Reuters) – Wall Street is counting on the so-called Santa Claus Rally to bring record…
Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost…
OpenAI in talks to raise new funding at $100 billion valuation – Bloomberg News
(Reuters) – OpenAI is in early talks to raise a fresh round of funding at a valuation at or above…
US inflation decelerating in boost to economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. prices fell in November for the first in more than 3-1/2 years, pushing…
Tesla recalls 120,000 vehicles over doors that could unlock in crash
By David Shepardson WASHINGTON (Reuters) -Tesla is recalling just over 120,000 Model S and Model X vehicles in the United…
Nike’s powerhouse labels lose footing against upstart brands – analysts
By Savyata Mishra and Aishwarya Venugopal (Reuters) – Nike is starting to lose share to upstart sneaker brands such as…
Bristol Myers to buy schizophrenia drugmaker Karuna Therapeutics for $14 billion
By Michael Erman and Manas Mishra (Reuters) -Bristol Myers Squibb on Friday agreed to buy Karuna Therapeutics for $14 billion,…
Cash the big flow ‘winner’ of 2023 – BofA
LONDON (Reuters) – Global investors put a record $1.3 trillion into cash in 2023, according to a report from Bank…
China bans export of rare earths processing tech over national security
By Siyi Liu and Dominique Patton BEIJING (Reuters) – This Dec. 21 story has been corrected to clarify that the…