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Recent Articles from Reuters
Starboard nominates two to CarMax board, unveils new position
Starboard Value took a $350M stake in CarMax, nominated two directors, and urged improvements in digital user experience, cost cuts, and pricing strategy.
US stocks dip, oil pulls back as Wall Street weighs conflicting messages on Iran
U.S. stock indexes rose on March 10, 2024, as oil prices dropped over 14% following eased sanctions signals and Middle East conflict developments.
Boeing says wiring flaws could delay Q1 737 MAX jet deliveries
Boeing reports wiring flaws causing rework on 737 MAX jets, potentially delaying first-quarter deliveries, but expects to meet 2024 delivery goals.
US existing home sales unexpectedly increase as mortgage rates decline
US existing home sales increased 1.7% in February 2024 due to declining mortgage rates and improved affordability, despite tight supply constraints.
Dollar eases on conflicting signals about Trump’s Middle East timeline
The dollar fell as investors reacted to conflicting statements from President Trump on the Middle East conflict timeline and a drop in oil prices following heavy strikes on Iran.
Back to the 1970s? Investors brace for return of stagflation
Investors brace for stagflation as Middle East conflict drives oil prices above $100, threatening inflation and economic growth worldwide.
AT&T outlines $250B US investment plan to boost infrastructure in AI age
AT&T will invest over $250 billion in the US over five years to enhance fiber broadband, 5G, and satellite connectivity, supporting AI and data demand growth.
Wall St ends higher as hopes of Iran war resolution offset inflation fears
Wall Street closed higher on hopes of a resolution to the Iran conflict, offsetting inflation fears amid rising oil prices and economic uncertainty in the US.
Anthropic sues to block Pentagon blacklisting over AI use restrictions
Anthropic filed a lawsuit to block the Pentagon's national security blacklist over restrictions on AI use for autonomous weapons and surveillance.
Nvidia-backed Nscale valued at $14.6B in fresh funding round
Nscale, supported by Nvidia, raised $2 billion in a Series C round, reaching a $14.6 billion valuation. The British AI firm plans to expand data-center capacity.
