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Tesla must face owners’ lawsuit claiming it monopolizes vehicle repairs and parts

Financial Wealth DailyJune 18, 2024January 28, 20250

By Jonathan Stempel (Reuters) – A U.S. judge said Tesla vehicle owners can pursue a proposed class action accusing billionaire…

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Fed’s Harker: one interest rate cut this year my base case

Financial Wealth DailyJune 17, 2024January 28, 20250

(Reuters) – The U.S. Federal Reserve would be able to cut its benchmark interest rate once this year, Philadelphia Fed…

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US VP Harris announces $1.5 billion in Ukraine aid at Switzerland peace summit

Financial Wealth DailyJune 15, 2024January 28, 20250

By Steve Holland LUCERNE, Switzerland (Reuters) -U.S. Vice President Kamala Harris pledged America’s unwavering support for Ukraine and announced more…

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Novo Nordisk CEO to testify in US Senate hearing on high cost of Ozempic, Wegovy

Financial Wealth DailyJune 15, 2024January 28, 20250

(Reuters) -The Senate Committee on Health, Education, Labor, and Pensions said on Friday that Novo Nordisk CEO Lars Jorgensen has…

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Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation

Financial Wealth DailyJune 15, 2024January 28, 20250

By Noel Randewich (Reuters) – Tesla shareholders approved CEO Elon Musk’s $56 billion pay package in a what was seen…

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Republican Senator Grassley launches new probe into Boeing, FAA

Financial Wealth DailyJune 14, 2024January 28, 20250

WASHINGTON (Reuters) – Republican Senator Chuck Grassley said Friday he is launching a new congressional oversight inquiry into the Federal…

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Dollar gains on hawkish Fed, even as inflation cools

Financial Wealth DailyJune 13, 2024January 28, 20250

By Karen Brettell NEW YORK (Reuters) -The dollar gained on Thursday despite a soft U.S. producer price inflation report for…

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Musk says Tesla shareholders voting in favor of his $56 billion pay package

Financial Wealth DailyJune 13, 2024January 28, 20250

By Hyunjoo Jin, Abinaya V and Greg Roumeliotis (Reuters) -Tesla shareholders were set to approve Elon Musk’s $56 billion pay…

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Global stock index up slightly while euro falls, yields up

Financial Wealth DailyJune 10, 2024January 28, 20250

By SinĂ©ad Carew and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – MSCI’S global equities index edged higher on Monday ahead of…

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Chrysler to recall more than 211,000 vehicles in US due to software malfunction, NHTSA says

Financial Wealth DailyJune 9, 2024January 28, 20250

(Reuters) – Chrysler is recalling more than 211,000 vehicles in the United States due to a software malfunction that could…

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