Tesla shorts up $11.5 billion for the year with positioning bearish
(Reuters) -Tesla short sellers are up an estimated $11.5 billion for the year-to-date and positioning is bearish going into the…
JP Morgan see gold prices crossing $4,000/oz by Q2 2026
(Reuters) – JP Morgan sees gold prices crossing the $4,000 per ounce milestone next year, following increased recession probabilities amid…
Elliott wants BP to boost free cash flow to $20 billion by 2027, source says
By Shadia Nasralla (Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion…
FTC accuses Uber of misleading subscribers
By Jody Godoy WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Monday sued Uber Technologies, accusing it of signing…
Shopify must face data privacy lawsuit in US
By Jonathan Stempel (Reuters) -A U.S. appeals court on Monday revived a proposed data privacy class action against Shopify, in…
Trump to meet major retailers to discuss tariffs, White House official says
WASHINGTON (Reuters) -U.S. President Donald Trump is set to meet with representatives from major retailers on Monday afternoon to discuss…
Walgreens to pay $300 million in US opioid settlement
(Reuters) -Walgreens has agreed to pay $300 million to settle U.S. prosecutors’ allegations that it illegally filled millions of invalid…
Capital One, Discover deal approved by US bank regulators
By Chris Prentice and Saeed Azhar NEW YORK (Reuters) -U.S. banking regulators said on Friday they approved Capital One’s $35.3…
IRS acting head ousted after US Treasury chief wins power struggle with Musk, NYT reports
WASHINGTON (Reuters) – The acting commissioner of the U.S. Internal Revenue Service is being replaced after Treasury Secretary Scott Bessent…
With inflation progress slow, Fed’s Daly says rate cuts may need to wait
(Reuters) -San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple…