Elon Musk promises to award $1 million each day to a signer of his petition
By Jarrett Renshaw HARRISBURG, Pennsylvania (Reuters) – Billionaire Elon Musk promised on Saturday to give away $1 million each day…
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US equity funds draw big inflows on bank earnings, rate cut hopes
(Reuters) – U.S. investors made large investments in equity funds in the week to Oct. 16, buoyed by strong third-quarter…
Amazon Prime Video taps former NBC anchor Williams for special election day coverage
(Reuters) – Former NBC anchor Brian Williams will host a special one-night show delivering election results and analysis to Amazon.com…
Recovery of US bank failure fund ahead of schedule, FDIC says
(Reuters) – The U.S. government fund that backstops nearly $10 trillion in insured bank deposits is recovering ahead of schedule…
Boeing closes in on $15 billion financing via stock, hybrid bonds
By Shankar Ramakrishnan, Echo Wang (Reuters) -Boeing is closing in on a plan to raise around $15 billion with common…
McKinsey nears $500 million settlement with DOJ over opioid probe, Bloomberg News reports
(Reuters) – Consulting giant McKinsey & Co. is close to reaching a deal with U.S. prosecutors to pay at least…
ASML draws investor scrutiny after warning shocks global chip markets
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Investors and analysts are looking sceptically at computer chip equipment maker ASML,…
FTC takes on subscription traps with ‘click to cancel’ rule
By Jody Godoy (Reuters) – The U.S. Federal Trade Commission adopted a final rule on Wednesday requiring businesses to make…
UnitedHealth forecasts 2025 profit below Street estimates, shares fall
(Reuters) – UnitedHealth Group provided a 2025 profit forecast below Wall Street estimates on Tuesday, saying it expects pressure across…
Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances
By Allison Lampert and David Shepardson (Reuters) -Boeing will cut 17,000 jobs — 10% of its global workforce — delay…