WASHINGTON (Reuters) – The Teamsters union’s executive board said Wednesday the union will not endorse any presidential candidate despite polling…
Wall Street advances after Fed cuts rates 50 basis points
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks briefly shot higher on Wednesday after the Federal Reserve cut interest rates…
US single-family homebuilding surges, rising supply a near-term constraint
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits…
Exclusive-US to seek 6 million barrels of oil for reserve, amid low oil price
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration will seek up to 6 million barrels of oil for the…
Musk’s Neuralink gets FDA’s breakthrough device tag for ‘Blindsight’ implant
(Reuters) -Elon Musk’s brain-chip startup Neuralink said on Tuesday its implant aimed at restoring vision received the U.S. Food and…
JPMorgan in talks with Apple over Goldman credit card partnership, source says
(Reuters) -JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source…
Microsoft approves new $60 billion share buyback program
(Reuters) -Microsoft said on Monday its board has approved a new share buy back program of up to $60 billion.…
Oil prices climb on hurricane impact ahead of US rate decision
By Nicole Jao NEW YORK (Reuters) -Oil prices rose 2% on Monday as the ongoing impact of Hurricane Francine on…
Amazon drivers join Teamsters in New York, union says
(Reuters) – Hundreds of delivery drivers for e-commerce giant Amazon.com have joined the International Brotherhood of Teamsters, seeking improved wages,…
Exclusive-First Quantum Minerals offers voluntary retirement to Cobre Panama workers, sources say
By Divya Rajagopal and Elida Moreno TORONTO (Reuters) – Canadian miner First Quantum Minerals has opened a voluntary retirement (VR)…