Wall Street Ends Lower as Inflation Fears Mount
U.S. stocks tumbled on Tuesday after a batch of upbeat economic data raised concerns that an inflation rebound could slow […]
Mary Lee
Author's Articles
Nvidia Unveils Robot Training Tech, New Gaming Chips, and Toyota Deal
On Monday, Nvidia (NASDAQ: NVDA) took the wraps off new products such as artificial intelligence to better train robots and […]
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U.S. Steel, Nippon File Lawsuit Against Biden Administration Over Blocked Merger
WASHINGTON – U.S. President Joe Biden unlawfully blocked Nippon Steel’s $14.9 billion bid for United States Steel (NYSE: X) through […]
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Nippon Steel Could Face Growth Challenges After U.S. Steel Purchase Blocked, Analysts Say
TOKYO—Japan’s Nippon Steel may need to revamp its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion […]
US Fines JetBlue $2 Million for Chronic Flight Delays
WASHINGTON – The U.S. Transportation Department imposed a $2 million penalty on JetBlue Airways (NASDAQ: JBLU) for operating four chronically […]
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Morning Bid: Wall Street on Five-Day Falling Streak, Dollar Reigns
A look at the day ahead in U.S. and global markets. 2025 has kicked off how 2024 ended: stocks are […]
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Wall Street Ends Lower on First Trading Session of 2025; Tesla Weighs
NEW YORK – Wall Street see-sawed to a lower close on Thursday amid choppy trading, as investors embarked on the […]
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Equinor’s Hammerfest LNG Plant Shuts Down for a Week After Compressor Failure
OSLO – Equinor’s (NYSE: EQNR) Hammerfest LNG plant in Arctic northern Norway has suffered an unexpected outage due to a […]
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US Stock Futures Point to Positive Start as 2025 Trading Begins
U.S. stock index futures edged higher before the first trading session of 2025, with investors hoping a new political landscape […]
US Stock Futures Point to Positive Start as 2025 Trading Begins Read More »
Ford to Recall 20,484 Hybrid SUVs Over Battery Concern
On Tuesday, the National Highway Traffic Safety Administration announced that Ford Motor (NYSE: F) will recall 20,484 hybrid crossover SUVs […]
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US Pending Home Sales Hit 21-Month High in November
Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains […]
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UnitedHealth, Amedisys Extend Deadline to Close $3.3 Billion Deal
UnitedHealth Group (NYSE: UNH) and Amedisys (NASDAQ: AMED) have agreed to extend the deadline to close their $3.3 billion merger […]
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US Equity Funds Receive Big Inflows on Cool Inflation, Funding Bill, and Holiday Rally
U.S. equity funds attracted significant inflows in the week to December 25, recovering from a prior-week sell-off, buoyed by a […]
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US Holiday Retail Sales Stronger Than Last Year, Mastercard Says
U.S. retail sales rose 3.8% between November 1 and December 24, as intense promotion to drum up sales in what […]
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Honda, Nissan Tie-up Requires Something Neither Can Spare: Time
TOKYO – Honda Motor (NYSE: HMC) and Nissan expect big benefits from their potential merger to create the world’s third-largest […]
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Wall Street Ends Higher on Gains by Most Megacaps
Wall Street’s main indexes all ended higher on Monday, with both the Dow Jones Industrial Average and the Nasdaq Composite […]
Wall Street Ends Higher on Gains by Most Megacaps Read More »
US FDA Revokes Authorization for Four COVID Antibody Drugs
The U.S. Food and Drug Administration has revoked the emergency use authorization for four COVID-19 antibody-based drugs, including those from […]
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Prosus to Acquire Latin American Online Travel Agency Despegar.com for $1.7 Billion
On Monday, Prosus NV, a Dutch technology investor, said it would buy Latin America-focused online travel agency Despegar.com Corp (NYSE: […]
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Polish E-commerce Allegro’s Unit Sues Alphabet for $568 Million
GDANSK – On Monday, a subsidiary of Polish e-commerce platform Allegro filed a lawsuit against Google owner Alphabet (NASDAQ: GOOG), […]
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Qualcomm Processors Properly Licensed from Arm, US Jury Finds
Arm Holdings’ (NASDAQ: ARM) lawsuit against Qualcomm (NASDAQ: QCOM) ended on Friday with a jury delivering a mixed verdict that […]
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Fed Policymakers See Slower Pace of Rate Cuts Next Year
Federal Reserve policymakers, fresh from an interest rate cut this week, fleshed out on Friday the case for reducing borrowing […]
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FedEx’s Trucking Spin-Off Plan to Fortify Core Business, Boost Industry
FedEx’s (NYSE: FDX) decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery […]
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Investors Hope for ‘Santa Claus’ Rally as Stocks Lose Steam
NEW YORK – With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope […]
Investors Hope for ‘Santa Claus’ Rally as Stocks Lose Steam Read More »
TotalEnergies Acquires Majority Stake in Two Danish Offshore Wind Projects
COPENHAGEN – On Friday, TotalEnergies (NYSE: TTE) said it had completed a planned purchase of majority stakes in two offshore […]
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