(Reuters) – United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon…
Exclusive-Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
By Allison Lampert and Mike Stone (Reuters) – Spirit AeroSystems will tell employees on Friday that it will furlough 700…
CVS replaces CEO, pulls profit forecast as investor pressure mounts
(Reuters) -CVS Health replaced CEO Karen Lynch with company veteran David Joyner on Friday and withdrew its 2024 profit forecast,…
Putin says BRICS, not the West, will drive global economic growth
By Gleb Bryanski and Vladimir Soldatkin MOSCOW (Reuters) -The BRICS group will generate most of the global economic growth in…
Oil prices fall, on track for 8% weekly decline on China demand woes
By Georgina McCartney HOUSTON (Reuters) -Oil futures fell on Friday and were on track for a weekly drop of 8%…
Netflix beats earnings targets with 5 million new customers
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter,…
EV maker Lucid expects to raise $1.67 billion from stock sale
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637…
Google shifts Gemini app team to DeepMind
(Reuters) – Alphabet’s Google said on Thursday it will move the team behind the Gemini app to its artificial intelligence…
Snap-On misses quarterly sales estimates on lower tool demand
(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment.…
Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether…