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October 18, 2024

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US equity funds draw big inflows on bank earnings, rate cut hopes

Financial Wealth DailyOctober 18, 2024January 28, 20250

(Reuters) – U.S. investors made large investments in equity funds in the week to Oct. 16, buoyed by strong third-quarter…

  • Business

Exclusive-Spirit Aero to furlough 700 workers for 21 days due to Boeing strike

Financial Wealth DailyOctober 18, 2024January 28, 20250

By Allison Lampert and Mike Stone (Reuters) – Spirit AeroSystems will tell employees on Friday that it will furlough 700…

  • Business

CVS replaces CEO, pulls profit forecast as investor pressure mounts

Financial Wealth DailyOctober 18, 2024January 28, 20250

(Reuters) -CVS Health replaced CEO Karen Lynch with company veteran David Joyner on Friday and withdrew its 2024 profit forecast,…

  • Business

US Cellular to sell select spectrum assets to Verizon for $1 billion

Financial Wealth DailyOctober 18, 2024January 28, 20250

(Reuters) – United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon…

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