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Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
By Timothy Gardner, Daphne Psaledakis, Nidhi Verma and Dmitry Zhdannikov WASHINGTON/NEW DELHI/LONDON (Reuters) -U.S. President Joe Biden’s administration imposed its broadest bundle of sanctions to date focusing on Russia’s oil and gasoline revenues on Friday, in an effort to present…
By Laila Kearney and Seher Dareen NEW YORK (Reuters) -U.S. nuclear energy supplier Constellation Power (NASDAQ:CEG) on Friday agreed to purchase privately held pure gasoline and geothermal firm Calpine Corp for $16.4 billion, one of many largest acquisitions in U.S.…
(Reuters) – Weight-loss drug developer Metsera, backed by ARCH Enterprise Companions, revealed a wider loss in its paperwork for a U.S. preliminary public providing on Friday. The phrases of the IPO weren’t disclosed within the submitting. Robust fairness markets, falling…
By Nupur Anand, Isla Binnie (Reuters) -U.S. financial institution JPMorgan Chase (NYSE:JPM) on Friday requested its staff who’re on hybrid work schedules to return to the workplace 5 days every week beginning in March, an inside memo seen by Reuters…
By Katie Paul and Juby Babu (Reuters) -Fb proprietor Meta Platforms (NASDAQ:META) and Amazon.com (NASDAQ:AMZN) are winding down variety applications forward of Republican Donald Trump’s return to the U.S. presidency as conservative opposition to such initiatives grows louder. A few…
WASHINGTON (Reuters) -Taiwan Semiconductor Manufacturing Co has begun producing superior 4-nanometer chips for U.S. prospects in Arizona, Commerce Secretary Gina Raimondo informed Reuters, a milestone within the Biden administration’s semiconductor efforts. In November, Commerce finalized a $6.6 billion grant TSMC’s…
By Jody Godoy (Reuters) -U.S. antitrust enforcers weighed in on Friday on Elon Musk’s lawsuit looking for to dam OpenAI’s conversion to a public firm, mentioning authorized doctrines that assist his declare that OpenAI and Microsoft (NASDAQ:MSFT) engaged in anticompetitive…
(Reuters) – Drugmaker Biogen (NASDAQ:BIIB) will purchase all excellent shares of Sage Therapeutics that it doesn’t already personal for $7.22 apiece, a submitting confirmed on Friday, sending the latter’s replenish 34% in prolonged commerce. As per the submitting, Biogen has…
(Reuters) -Meta CEO Mark Zuckerberg met with U.S. President-elect Donald Trump at Mar-a-Lago on Friday, Semafor information web site reported, citing a supply accustomed to the matter. Meta (NASDAQ:META) and Trump’s transition staff didn’t instantly reply to a Reuters request…
(Reuters) – Fireplace companies are investigating whether or not Southern California Edison’s utility infrastructure sparked a brush hearth that’s nonetheless burning in a Los Angeles suburb, SCE stated Friday, including no willpower has been made. SCE, a unit of U.S.…
