By Shristi Achar A and David Carnevali (Reuters) – U.S. stocks closed higher on Thursday regaining some of their momentum…
Category: Economy
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…
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…
US trade deficit widens to 6-month high, expected to dent economic growth
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit widened by the most in eight years in April as…
US tightens crackdown on crypto with lawsuits against Coinbase, Binance
(This June 6 story has been refiled to change the corporate name to Bittrex Inc from Bittrex Global in paragraph…