By Liz Lee and Ethan Wang BEIJING (Reuters) -Chinese Foreign Minister Wang Yi said on Friday the most urgent task…
Pharmacy chain Walgreens cuts dividend to save cash, shares slump
By Bhanvi Satija and Mariam Sunny (Reuters) -Walgreens Boots Alliance on Thursday nearly halved its dividend payout as it attempts…
Conagra Brands cuts annual forecasts on sluggish demand recovery
By Juveria Tabassum (Reuters) -Conagra Brands cut its annual organic net sales growth and profit forecasts on Thursday, warning of…
SpaceX illegally fired workers critical of Elon Musk, US labor agency says
By Daniel Wiessner (Reuters) -Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully…
US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) – U.S. chip stocks added to a string of losses on Wednesday, with Wall Street’s main…
Wall St notches second lower finish as 2024 starts with profit-taking
By David French (Reuters) – U.S. stock indexes ended the second session of the year down again in extended profit-taking…
Disney wins activists’ backing in boardroom fight with Peltz
By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co…
Apple agrees to settle lawsuit over iTunes gift card scam
By Jonathan Stempel (Reuters) – Apple has agreed to settle a lawsuit accusing the company of knowingly letting scammers exploit…
Intel spins out AI software firm with backing from DigitalBridge
By Stephen Nellis (Reuters) – Intel on Wednesday said it was forming a new independent company around its artificial intelligence…
Bitcoin climbs above $45,000 to 21-month peak as new year kicks off
By Ankur Banerjee and Medha Singh (Reuters) -Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022,…