Nike veteran Hill to replace Donahoe as CEO; shares jump
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the…
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Trump Media shares face potential sell-off as insider selling restrictions lift
By Medha Singh and Noel Randewich (Reuters) – While former U.S. President Donald Trump has said he will not sell…
Why Fed rate cuts matter to world markets
LONDON (Reuters) – When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years,…
Boeing to temporarily furlough tens of thousands of employees
By David Shepardson (Reuters) -Boeing said on Wednesday the planemaker will temporarily furlough tens of thousands of employees after about…
Workers at Musk’s Tesla, SpaceX and X donate to Harris while he backs Trump
By Sheila Dang (Reuters) – Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the…
US 30-year mortgage rate falls to two-year low of 6.15%
(Reuters) – The interest rate for the most popular U.S. home loan fell last week to its lowest level in…
Exclusive-JPMorgan CEO Jamie Dimon to visit Africa in growth push
By David Lewis, Nupur Anand and Duncan Miriri NAIROBI/NEW YORK (Reuters) – JPMorgan Chase CEO Jamie Dimon plans to travel…
Trump’s media stock falls before insider trading restrictions lift
By Noel Randewich (Reuters) – Shares of Donald Trump’s media company fell for a second session on Tuesday ahead of…
Wall Street advances as traders’ bets rise for bigger Fed rate cut
By Sinéad Carew and Shashwat Chauhan (Reuters) -Wall Street’s main indexes closed higher on Friday as investors honed in on…
Insight Partners closes in on new $10 billion fund, FT reports
(Reuters) – Private equity firm Insight Partners is on the brink of closing a new $10 billion-plus fund, roughly half…