By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks briefly shot higher on Wednesday after the Federal Reserve cut interest rates…
Teamsters will not endorse any US presidential candidate in 2024
WASHINGTON (Reuters) – The Teamsters union’s executive board said Wednesday the union will not endorse any presidential candidate despite polling…
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…
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…
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.…
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)…