Exclusive-Intel board member quit after differences over chipmaker’s revival plan
By Max A. Cherney SAN FRANCISCO (Reuters) – The sudden resignation of a high-profile Intel board member came after differences…
Nvidia results could spur record $300 billion swing in shares, options show
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market are expecting Nvidia’s upcoming earnings…
Bank of New York Mellon to pay $5 million over swap reporting, supervision failures, CFTC says
NEW YORK (Reuters) – The Bank of New York Mellon has agreed to pay $5 million to settle U.S. Commodity…
Chipotle denied raises to unionized workers, US labor agency says
By Daniel Wiessner (Reuters) – U.S. labor board prosecutors have determined that a union’s claims that Chipotle Mexican Grill illegally…
Elliott lays out its case for leadership change at Southwest Airlines
By Svea Herbst-Bayliss NEW YORK (Reuters) -Elliott Investment Management, which now holds voting power over roughly 9.7% of Southwest Airlines,…
Fed most likely to cut rates by quarter percentage point next month, Daly says
By Ann Saphir (Reuters) – San Francisco Federal Reserve President Mary Daly on Monday said “the time is upon us”…
Wall Street ends sharply higher as Powell cements September rate cut hopes
By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied on Friday as dovish remarks from U.S. Federal Reserve Chair Jerome…
Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports
(Reuters) – Apple is planning its biggest product launch event of the year on Sept. 10, during which it will…
Eli Lilly Alzheimer’s drug to be blocked for use by NHS, The Telegraph reports
(Reuters) -Eli Lilly’s treatment for early Alzheimer’s is expected to be blocked for use by Britain’s National Health Service (NHS),…
Exclusive-Top U.S. general makes unannounced Middle East trip as Iran threat looms
By Phil Stewart AMMAN (Reuters) – The top U.S. general began an unannounced visit to the Middle East on Saturday…