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Recent Articles from Reuters
SpaceX weighs June 2026 IPO at $1.5 trillion valuation, FT says
Elon Musk’s SpaceX is weighing a mid-June IPO that could raise up to $50 billion, valuing the rocket company at $1.5 trillion.
Amazon axes 16,000 jobs as it pushes AI and efficiency
Amazon confirmed 16,000 corporate job cuts, bringing total layoffs to 30,000, as CEO Andy Jassy pushes to reduce bureaucracy.
S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
Jan 27 (Reuters) – The S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday with a mixed reception to the latest earnings reports and a steep selloff in health insurers countering optimism ahead of megacap reports. UnitedHealth led losses in healthcare stocks and in the Dow Jones Industrial […]
Amazon to close Fresh, Go stores, expand Whole Foods
Amazon will close Amazon Fresh and Go stores, convert some to Whole Foods, and accelerate grocery delivery expansion.
Northrop Grumman posts higher quarterly profit as geopolitical uncertainty fuels demand
Northrop Grumman posted higher Q4 profit and revenue on strong aeronautics sales but issued a 2026 outlook below estimates.
Planemaker Boeing swings to quarterly profit on sale, but unit losses disappoint
Boeing posted a fourth-quarter profit driven by the Jeppesen sale and higher jet output, though core unit losses widened.
Wall Street indexes close higher ahead of earnings, Fed meeting
Jan 26 (Reuters) – The S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of mega-cap earnings and a Federal Reserve update on interest rate policy later this week. Both indexes hit their highest levels in more than a week and registered their longest […]
Tariffs linger over earnings, even as companies get used to them
Early earnings comments show U.S. companies struggling to offset tariffs as consumers push back against higher prices.
Oil prices settle lower as traders assess impact of winter storm on production
Oil prices edged lower as investors assessed U.S. winter storm production losses and rising geopolitical tensions between the U.S. and Iran.
Treasury cancels $21M in Booz Allen Hamilton contracts
The U.S. Treasury Department said on Monday it had canceled all of its contracts with McLean-based government contractor Booz Allen Hamilton, accusing the company of failing to protect sensitive data, including at the Internal Revenue Service.
