Today: May 20, 2024
Today: May 20, 2024

Economy

Boeing shareholders vote to re-elect CEO Calhoun to board

Boeing Co shareholders voted to re-elect outgoing Chief Executive Dave Calhoun to the planemaker's board at the company's annual meeting, as per a preliminary tally.

Boeing shareholders vote to re-elect CEO Calhoun to board

Cost to rebuild Brazil state after floods to be higher than initially thought, governor says

The governor of Brazil's southernmost state of Rio Grande do Sul said on Friday that the costs of rebuilding the state after devastating floods in recent weeks will be "much higher" than

Cost to rebuild Brazil state after floods to be higher than initially thought, governor says

J&J-backed startup Rapport files for US IPO

(Reuters) -Biopharmaceutical company Rapport Therapeutics, backed by the venture capital arm of Johnson & Johnson, filed for an initial public offering in the United States on Friday.

J&J-backed startup Rapport files for US IPO

Germany's Scholz says weakening EU would be self-destructive

German Chancellor Olaf Scholz on Thursday denounced calls to weaken the role of the European Union as self-destructive and irresponsible, speaking ahead of EU parliamentary

Germany's Scholz says weakening EU would be self-destructive

DeSantis, amid criticism, signs Florida bill making climate change a lesser state priority

Florida Gov. Ron DeSantis has signed a bill making climate change a lesser priority under state law and banning offshore wind turbines near the state's long coastline

DeSantis, amid criticism, signs Florida bill making climate change a lesser state priority

Hedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says

Hedge funds ditched bearish stock bets early this week at some of the highest rates in three years as U.S. meme stocks rallied sharply, a Goldman note seen by

Hedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says

Brazil sees aid measures from floods hitting its budget by at least $2.6 billion

Brazil estimates aid measures taken by authorities after deadly floods in its southernmost state will cost at least 13.4 billion reais ($2.6 billion) from its

Brazil sees aid measures from floods hitting its budget by at least $2.6 billion

Stock market's record-setting rebound may have further to go

By Lewis Krauskopf NEW YORK (Reuters) -A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide.

Stock market's record-setting rebound may have further to go

Russian deputy PM given new tasks for coordination of economy

Russian Deputy Prime Minister Alexander Novak, point man for the energy sector and negotiations with the OPEC+ grouping, has been given new responsibilities for coordinating the economy,

Russian deputy PM given new tasks for coordination of economy

China's Xi Jinping says China-Hungary relations an 'all-weather' strategic partnership

By Anita Komuves and Boldizsar Gyori BUDAPEST (Reuters) -China and Hungary will embark on a "golden voyage" in bilateral relations, Chinese President Xi Jinping said after meeting Hungarian Prime

China's Xi Jinping says China-Hungary relations an 'all-weather' strategic partnership

Trucks are rolling across a new US pier into Gaza. But challenges remain to getting enough aid in

Trucks carrying badly needed aid for the Gaza Strip have rolled across a newly built U.S. pier and into the besieged enclave for the first time

Trucks are rolling across a new US pier into Gaza. But challenges remain to getting enough aid in

Novo Nordisk is optimistic that Kalundborg fire won't delay expansion

COPENHAGEN (Reuters) -Novo Nordisk said on Thursday it was "optimistic" that a fire at a construction site in Kalundborg, Denmark, a key manufacturing hub, would not delay its plans to boost

Novo Nordisk is optimistic that Kalundborg fire won't delay expansion

US arrests two Chinese nationals in $73 million crypto scam

U.S. authorities charged two Chinese nationals in a cryptocurrency scam that laundered at least $73 million from defrauded victims, the Justice Department said on Friday.

US arrests two Chinese nationals in $73 million crypto scam

Fed's Bowman repeats she's willing to hike rates if needed

U.S.

Fed's Bowman repeats she's willing to hike rates if needed

Texas power demand to hit record high for month of May next week

Power use in Texas will likely break records for the month of May next week as homes and businesses crank up their air conditioners to escape a spring heat wave, the

Texas power demand to hit record high for month of May next week

Russia's Tuapse oil refinery halted after Ukrainian drone attack, sources say

A fire triggered by a Ukrainian drone attack on Russia's Tuapse oil refinery on the Black Sea coast has forced an emergency shut down of the refinery, two sources familiar with the

Russia's Tuapse oil refinery halted after Ukrainian drone attack, sources say

Haidilao restaurant operator Super Hi's shares surge 38% in strong US market debut

Super Hi International jumped 38% in its debut on Nasdaq, giving the operator of Chinese hotpot restaurant chain Haidilao a valuation of about $1.74 billion.

Haidilao restaurant operator Super Hi's shares surge 38% in strong US market debut

Citgo share bidders can be asked how accommodate bondholder claims, judge rules

(Reuters) -Bidders in a U.S. court auction of shares that will decide the ownership of Venezuela-owned U.S. oil refiner Citgo Petroleum can be required to say if their binding offers cover claims by

Citgo share bidders can be asked how accommodate bondholder claims, judge rules

Witness at Sen. Bob Menendez's bribery trial says meat-export monopoly made costs soar

A witness at Sen. Bob Menendez's bribery trial says the cost of certifying that meat sent to Egypt follows Islamic dietary requirements skyrocketed after a single U.S. company was given a monopoly in a cozy deal prosecutors say Menendez arranged

Witness at Sen. Bob Menendez's bribery trial says meat-export monopoly made costs soar

Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks

Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits, political and legal challenges to the idea of whether the Federal Government’s aggressive consumer financial watchdog agency should be allowed exist at all

Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks

Japan's economy shrinks on weak consumer spending, auto woes

Japan has reported that its economy contracted at an annual rate of 2% in the first quarter of the year, as spending and exports declined

Japan's economy shrinks on weak consumer spending, auto woes

Subway commuters in Buenos Aires see fares spike by 360% as part of austerity campaign in Argentina

Commuters in Buenos Aires are being hit by an abrupt 360% increase in subway fares

Subway commuters in Buenos Aires see fares spike by 360% as part of austerity campaign in Argentina

Tesla gets local council go-ahead for German factory expansion

Tesla got the go-ahead for an expansion of its German factory in Gruenheide near Berlin from the local council on Thursday despite protests against the U.S. electric

Tesla gets local council go-ahead for German factory expansion

GameStop tumbles on capital raise plans after meme-stocks frenzy this week

Retail darling GameStop slumped 26% on Friday after the struggling videogame retailer said it would sell up to 45 million shares, taking advantage of the meme-stocks frenzy

GameStop tumbles on capital raise plans after meme-stocks frenzy this week

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

Boeing shareholders have approved CEO David Calhoun’s $32.8 million compensation

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution
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