Costco posts upbeat first-quarter results on strong demand for cheaper…
By Granth Vanaik (Reuters) -Costco Wholesale topped Wall Street estimates for quarterly…
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Tesla recalls nearly all vehicles on US roads over lack of Autopilot…
By David Shepardson WASHINGTON (Reuters) -Tesla is recalling over 2 million vehicles in…
Dow ends at record high as Fed signals lower borrowing costs in 2024
By Caroline Valetkevitch NEW YORK (Reuters) -The Dow Jones industrial average hit its…
Google Ventures adds general partner to back AI, open source startups
By Krystal Hu (Reuters) - Venture capital firm GV, backed by Google parent Alphabet Inc,…
No global carbon price? Some companies set their own
By Ross Kerber, Simon Jessop and Peter Henderson BOSTON/DUBAI/SAN FRANCISCO (Reuters) - A…
Bond investors brace for Fed pushback on rate cuts
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bond investors are expecting the Federal…
Macy’s investors mount $5.8 billion buyout bid
By Abigail Summerville (Reuters) -An investor group consisting of Arkhouse Management and…
Cigna abandons pursuit of Humana, plans $10 billion share buyback…
By Anirban Sen (Reuters) -U.S. health insurer Cigna has ended its attempt to negotiate an…
Hedge funds have lowest exposure to financials since March 2020…
By Nell Mackenzie LONDON (Reuters) - Global hedge funds sold financial stocks for a 10th…
Goldman Sachs projects two Fed rate cuts next year with first in Q3
(Reuters) -Goldman Sachs now projects two interest rate cuts by the U.S. Federal Reserve…