By Shristi Achar A and David Carnevali (Reuters) – U.S. stocks closed higher on Thursday regaining some of their momentum…
Category: Business
GameStop shares plummet after fifth CEO exit in 5 years
By Akash Sriram (Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years…
Novartis’ Sandoz wagers its standalone future on biosimilar success
By Natalie Grover LONDON (Reuters) – Novartis’ soon-to-be spun off generics division Sandoz is betting on biosimilars, copies of high-priced…
Carvana shares surge as much as 68% after upbeat second-quarter outlook
By Nathan Gomes and Sinéad Carew (Reuters) -Shares of used-car retailer Carvana Co closed up 56.0% on Thursday with some…
GM to invest more than $500 million in Texas plant for future SUVs
By David Shepardson (Reuters) -General Motors said Thursday it will invest more than $500 million in its Arlington, Texas assembly…
Goldman Sachs planning for sluggish growth, higher inflation
NEW YORK (Reuters) -Goldman Sachs Group Inc. is planning for a period of sluggish growth and higher inflation, the bank’s…
US solar power installations soar in Q1 on easing panel import gridlock
(Reuters) – U.S. solar energy installations soared 47% in the first quarter, according to an industry report published on Thursday,…
Fading risks, fear of missing out may fuel US stocks after near 20% rally
By Lewis Krauskopf NEW YORK (Reuters) – Worries that have dogged U.S. stocks for months are fading, pushing some Wall…
China’s exports tumble in May as global demand falters
By Joe Cash BEIJING (Reuters) -China’s exports shrank much faster than expected in May while imports extended declines with a…
What makes a crypto asset a security in the U.S.?
By Jody Godoy (Reuters) -Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S.…