By Timothy Aeppel (Reuters) – Glen Calder expected a shipment of gearbox reducers needed to build a particular model of…
Analysis-Fed’s balance sheet drawdown could sunset next year
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s ongoing efforts to shrink its balance sheet may end…
Exclusive-TikTok steps up efforts to clinch U.S. security deal
By Echo Wang and David Shepardson NEW YORK/WASHINGTON (Reuters) – Popular short-video app TikTok is offering to operate more of…
U.S. winter storm hits meat plants, threatens wheat and cattle
By Tom Polansek and P.J. Huffstutter CHICAGO (Reuters) -Tyson Foods Inc said it suspended and reduced operations at some U.S.…
Marketmind: Season’s beatings
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks look…
Wall Street ends sharply lower, dollar gains on hawkish policy fears
By Stephen Culp NEW YORK (Reuters) – U.S. stocks tanked and the dollar eked out a small gain on Thursday…
Short sellers gain nearly $304 billion after tumble in U.S. stocks
By Carolina Mandl and David Randall NEW YORK (Reuters) – This year’s steep decline in U.S. equities is juicing the…
Mersana signs deal with Merck KGaA for cancer therapy development
(Reuters) – Mersana Therapeutics Inc said on Thursday it had signed a deal for developing cancer drugs with Germany’s Merck…
Oil falls by $1/bbl as rate hike fears outweigh tighter U.S. stockpiles
By Laila Kearney NEW YORK (Reuters) -Oil fell by around $1 a barrel on Thursday in volatile trade as the…
Boeing resumes 777X flight testing after recent engine issue
By David Shepardson WASHINGTON (Reuters) -Boeing Co said on Thursday it had resumed flight testing of its 777X jets after…