By Trevor Hunnicutt, Jeff Mason and Steve Holland WOODSIDE, California (Reuters) -U.S. President Joe Biden and Chinese leader Xi Jinping…
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Bankrupt Rite Aid sues US Justice Dept to stop opioid lawsuit
By Dietrich Knauth NEW YORK (Reuters) – Rite Aid sued the U.S. Department of Justice on Thursday, seeking to block…
SpaceX delays Starship test flight a day over hardware swap
WASHINGTON (Reuters) -SpaceX has postponed its second attempt to launch the company’s Starship rocket system into space by a day…
Elon Musk denies report of potential Starlink IPO in 2024
(Reuters) – Elon Musk on Wednesday denied a report that his rocket company SpaceX was discussing an initial public offering…
Target shares surge on margin improvement, inventory drawdown
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday forecast holiday-quarter profit largely above analyst expectations as supply…
Microsoft introduces its own chips for AI, with eye on cost
By Stephen Nellis (Reuters) – Microsoft on Wednesday announced a duo of custom-designed computing chips, joining other big tech firms…
Wall St rallies as data supports view Fed may be done hiking rates
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 and Nasdaq posted their biggest daily percentage gains since April…
Social media companies must face youth addiction lawsuits, US judge rules
By Jonathan Stempel and Nate Raymond (Reuters) -A federal judge on Tuesday rejected efforts by major social media companies to…
EV maker Fisker plunges to all-time low after cutting production target
By Chibuike Oguh NEW YORK (Reuters) – Shares of Fisker Inc fell by more than 24% to an all-time low…
Home Depot tops estimates as customers spend on small projects
By Deborah Mary Sophia (Reuters) -Home Depot sales were better than expected in the third quarter, bolstered by customers spending…