• Wall Street ends mixed after a trying week

    Ross Stores plunges after slashing 2022 guidance S&P 500 +0.01%, Nasdaq -0.30%, Dow Jones +0.03% May 20 (Reuters) – Wall Street ended on a mixed note on Friday after a volatile session that saw Tesla tumble and other growth stocks also lost ground. The S&P 500 and Nasdaq recorded their seventh consecutive week of losses, […]

  • Stocks fall as fears for global growth rise

    FILE PHOTO – An investor sits in front of a board displaying stock information at a brokerage office in Beijing, China December 7, 2018. REUTERS/Thomas Peter Join now for FREE unlimited access to Reuters.com Register BEIJING/HONG KONG, May 19 (Reuters) – Asian stocks fell on Thursday, following a sharp sell-off on Wall Street, as investors […]

  • US agency opens investigation into fatal Tesla vehicle crash that killed three

    A Tesla logo on a Model S is pictured inside a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson Join now for FREE unlimited access to Reuters.com Register WASHINGTON, May 18 (Reuters) – A U.S. auto safety agency said on Wednesday it had opened an investigation into a fatal crash involving a […]

  • Tesla removed from S&P 500 ESG index, angering Musk

    May 18 (Reuters) – S&P Dow Jones Indices has removed electric car maker Tesla Inc (TSLA.O) from its widely followed S&P 500 ESG Index (.SPXESUP), citing issues including allegations of racial discrimination and crashes linked to its Autopilot vehicles, a move that prompted harsh tweets from Tesla CEO Elon Musk on Wednesday. The back and […]

  • Self-driving startup Wayve taps Microsoft for ‘supercomputer muscle’

    General view of the Microsoft Corporation headquarters in Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau Join now for FREE unlimited access to Reuters.com Register LONDON, May 18 (Reuters) – British startup Wayve said on Wednesday it would use supercomputer infrastructure designed for the company by its investor Microsoft (MSFT.O) to process large amounts […]

  • Wall Street ends sharply higher, fueled by Apple

    Walmart slips after cutting profit forecast April retail sales rise in line with estimates S&P 500 +2.02%, Nasdaq +2.76%, Dow Jones +1.34% May 17 (Reuters) – Wall Street ended sharply higher on Tuesday, lifted by Apple, Tesla and other megacap growth stocks after strong retail sales in April eased worries about slowing economic growth. Ten […]

  • Who was the highest paid CEO of all in 2021? – The street

    Who was the highest paid CEO of all in 2021?The street Executive compensation hits record high for sixth straight year in 2021Fortune The average salary of CEOs of large companies hits a new high of $14.7 million in 2021The hill See full coverage on Google News

  • Exclusive: India’s Reliance to Acquire Dozens of Brands in $6.5 Billion Consumer Goods Game

    Customers buy groceries at a Reliance Industries Ltd supermarket in Mumbai, India October 7, 2020. REUTERS/Niharika Kulkarni/File Photo Join now for FREE unlimited access to Reuters.com Register Indian retail giant predicts big push in consumer goods sector Dependence in end-stage talks with 30 brands for deal source Indian company recruits distributors and executives for new […]

  • Gunman kills 10 in livestreamed racial attack on New York State supermarket

    BUFFALO, NY, May 14 (Reuters) – An 18-year-old white gunman shot and killed 10 people and injured three at a grocery store in a black upstate New York neighborhood on Saturday, before turning himself in after what authorities called an act of “racially motivated violent extremism”. Authorities said the suspect, who was armed with an […]

  • Walmart’s EXCLUSIVE maker and Amazon-branded infant formula expect shortages through rest of 2022

    Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, U.S., May 10, 2022. REUTERS/Kaylee Greenlee Beal Join now for FREE unlimited access to Reuters.com Register NEW YORK, May 13 (Reuters) – Perrigo Company PLC (PRGO.N), which makes private label baby formula for retailers including Walmart Inc (WMT.N) and […]