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…
Wall St ends sharply higher, rebounding with a boost from chips
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed higher on Thursday, winning back much of the previous day’s…
Giuliani seeks bankruptcy after $148 million judgment in defamation case
By Luc Cohen and Dietrich Knauth NEW YORK (Reuters) -Rudy Giuliani filed for bankruptcy on Thursday, just days after he…
US new-vehicle sales to rise 13% in December on discounts, inventory – report
(Reuters) – U.S. new-vehicle sales are expected to rise about 13% in December from a year earlier, driven by strong…
Toyota recalling 1.12 million vehicles over potential air bag issue
By David Shepardson WASHINGTON (Reuters) -Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short…
FedEx tumbles after sober results, broader market slips
By Shivansh Tiwary (Reuters) -Shares of FedEx sank 12% on Wednesday following dismal results and an outlook that prompted a…