By Hannah Lang and Chris Prentice (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Tuesday asked a federal…
Author: Active Trader Daily
S&P 500 ends at lowest since June 1 as data fuels rate worries
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index closed at its lowest level since June 1 on…
Intel to spin out programmable chip unit, hold IPO; shares rise 2%
By Stephen Nellis and Samrhitha A (Reuters) -Chipmaker Intel on Tuesday said it plans to operate its programmable chip unit…
BP explores $1 billion US pipelines stake sale -sources
By Shariq Khan, David French and Ron Bousso (Reuters) – BP Plc is exploring the sale of a 49% stake…
Lilly eyes targeted cancer therapies with $1.4 billion Point Biopharma deal
By Bhanvi Satija and Leroy Leo (Reuters) -Eli Lilly and Co will buy Point Biopharma Global for $1.4 billion, the…
Special Report-WhatsApp to war: How Cubans were recruited to fight for Russia
By Dave Sherwood LA FEDERAL, Cuba (Reuters) – Cuban seamstress Yamidely Cervantes has bought a new sewing machine for the…
Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it
By Howard Schneider YORK, Pennsylvania (Reuters) -After helping build a floor under the economy during the pandemic only to put…
Elon Musk’s X hit with trademark lawsuit from marketing agency
By Blake Brittain (Reuters) – X Corp, formerly known as Twitter, was sued in federal court in Florida on Monday…
Exclusive-US warned China to expect updated export curbs in October-US official
By Karen Freifeld and Alexandra Alper NEW YORK/WASHINGTON (Reuters) – The Biden administration warned Beijing of its plans to update…
Fed’s Powell: Economy still working through the impact of the pandemic
By Howard Schneider YORK, Pa. (Reuters) – The U.S. economy is still dealing with the aftermath of the COVID-19 pandemic,…