Citi profit beats on surge in investment banking, services strength
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a…
July 2024
Global stock index climbs while dollar falls after US inflation data
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – A global index of stocks hit record highs on Thursday,…
US FTC to delay decision on Chevron-Hess deal during Exxon arbitration, Bloomberg reports
(Reuters) – The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron’s $53 billion takeover of…
Ukraine gets new $225 million US military aid after Biden meets Zelenskiy
By Jeff Mason and Kanishka Singh WASHINGTON (Reuters) -The United States on Thursday announced a new security package for Ukraine…
U.S. June budget deficit shrinks to $66 billion after calendar shifts
WASHINGTON (Reuters) – The U.S. government recorded a $66 billion budget deficit for June that was reduced sharply by a…
Boeing CEO called NTSB chair to apologize after MAX probe rules violation
By David Shepardson WASHINGTON (Reuters) -Boeing CEO Dave Calhoun apologized and vowed the planemaker would follow government rules after the…
US FTC to sue drug middlemen over insulin prices, WSJ reports
(Reuters) -The U.S. Federal Trade Commission is planning to sue UnitedHealth, Cigna and CVS Health – the three largest pharmacy-benefit…
Musk’s Neuralink working on new brain implant device
(Reuters) -Neuralink, Elon Musk’s brain-chip company, is working on a new device that it believes will require half the number…
Global lithium sector eyes Argentina’s salt flats on tech test run
By Daina Beth Solomon and Ernest Scheyder SALAR CENTENARIO, Argentina (Reuters) – In a dusty plain in northern Argentina’s mountains,…
NBA finalizes $76 billion broadcasting deal with Disney, Amazon, Comcast, Athletic reports
(Reuters) -The National Basketball Association has finalized a $76 billion deal that will make Comcast’s NBC and Amazon.com’s Amazon Prime…