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Recent Articles from Reuters
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.
US pending home sales plunge to five-month low in December
Contracts to buy existing U.S. homes fell sharply in December as labor worries and tight inventory offset lower mortgage rates.
Dow ends lower, with S&P flat, as Intel’s outlook weighs on risk appetite
Jan 23 (Reuters) – The Dow Jones Industrial Average stumbled to a lower close on Friday, while the S&P 500 ended largely unchanged, as investors’ risk appetite was dimmed at the end of a topsy-turvy week by Intel’s plunge on a downbeat outlook. All three Wall Street benchmarks had rebounded in the past two sessions […]
Intel shares tumble as supply chain snarls hamper turnaround
Intel shares fell sharply after the chipmaker warned supply constraints would limit its ability to meet AI-driven demand.
Citigroup to lay off more employees in March, sources say
Citigroup is expected to announce more layoffs in March as CEO Jane Fraser presses ahead with cost cuts and restructuring.
Amazon plans thousands more corporate job cuts next week
Amazon plans another round of corporate job cuts next week as it moves toward eliminating about 30,000 roles companywide.
Wall Street ends up as investors buoyed by tariff relief, upbeat data
U.S. stocks ended higher for a second day as Trump eased tariff threats and economic data showed continued resilience.
Trump sues JPMorgan, CEO Jamie Dimon for $5 billion over alleged political debanking
Trump filed a $5 billion lawsuit accusing JPMorgan Chase and CEO Jamie Dimon of debanking him for political reasons.
Spirit Airlines in talks with Castlelake for a potential takeover, CNBC reports
Spirit Airlines is in takeover talks with Castlelake as the bankrupt carrier faces mounting uncertainty after failed merger bids.
