By Kylie Madry MONTERREY, Mexico (Reuters) – General Motors’ Mexico head Francisco Garza foresees just 15% of the vehicles produced…
Analysis-Political gridlock may help U.S. stocks but inflation still in driver’s seat
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Split control of the U.S. Congress following the midterm elections may provide…
As FTX collapses, Temasek becomes latest backer to write down $275 million funding
SINGAPORE (Reuters) – Singapore state investor Temasek Holdings said it would write down the value of its entire investment of…
In Colorado, oil firms fix leaky wells ahead of new rules
(This Nov. 14 story has been officially corrected to fix the quote from Anne Lee Foster in paragraph 17 to…
Wall Street ends down after Target outlook, Micron supply cut
By Lewis Krauskopf, Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes ended lower on Wednesday as a…
U.S. retail sales rise solidly; fourth-quarter GDP estimates raised
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased more than expected in October as households stepped up purchases…
FTX fallout hits crypto lender Genesis; Bankman-Fried, celebs sued
By Alun John and John McCrank (Reuters) -Major crypto player Genesis Global Capital suspended customer redemptions in its lending business…
Nvidia third-quarter revenue up on strong data center demand
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chip designer and computing firm Nvidia Corp beat expectations for third-quarter revenue…
Cisco raises full-year outlook; announces restructuring
(Reuters) -Cisco Systems Inc raised its full-year revenue and profit forecast amid easing supply chain hurdles and announced $600 million…
Foreign holdings of Treasuries drop to lowest since May 2021 -data
NEW YORK (Reuters) – Foreign holdings of Treasuries in September dropped to their lowest level since May 2021, data from…