By Chris Kirkham and Rachael Levy (Reuters) – As Tesla’s electric-vehicle sales have flattened this year, CEO Elon Musk has…
Day: November 14, 2024
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
BRUSSELS (Reuters) -The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace,…
Trump says JPMorgan’s Dimon won’t be invited to join his administration
By Kanishka Singh WASHINGTON (Reuters) -JPMorgan Chase CEO Jamie Dimon will not be invited to be a part of Donald…
Amazon’s push into telehealth knocks shares of Hims & Hers
(Reuters) – Shares of Hims & Hers Health slumped 15% on Thursday after Amazon.com launched a rival service that offers…
Cisco beats earnings expectations as AI spurs networking gear demand
(Reuters) -Cisco Systems forecast quarterly revenue and profit above Wall Street estimates after posting upbeat first-quarter results, helped by improving…
Disney offers robust multi-year forecast, stoking stock
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney shares surged Thursday after the entertainment giant reported quarterly…
Republican Dave McCormick wins US Senate seat in Pennsylvania, DDHQ projects
By Bo Erickson (Reuters) -Republican Dave McCormick won the U.S. Senate election in Pennsylvania, Decision Desk HQ projected on Thursday,…
Advance Auto Parts to close stores, cut jobs amid sluggish demand
(Reuters) -Advance Auto Parts said on Thursday it will close about 500 stores by mid-2025 and cut some jobs as…
Democrats in Congress urge Biden to sanction Israelis over West Bank violence
By Patricia Zengerle WASHINGTON (Reuters) – Nearly 90 Democratic lawmakers urged U.S. President Joe Biden to sanction members of Israeli…