By Laura Matthews NEW YORK (Reuters) -There is a healthy pipeline of U.S. initial public offerings, but investors are looking for more certainty in markets, Adena Friedman, chief executive officer at exchange operator Nasdaq, said on Monday at the FIA Boca conference in Florida. Friedman said markets are currently in a period of uncertainty as …
Nasdaq’s Adena Friedman says IPO pipeline remains healthy Read More »
(Reuters) – AT&T forecast first-quarter adjusted profit in line with analysts’ estimates on Monday, signaling steady demand for its discounted premium plans combining 5G mobile with high-speed fiber data. The U.S. telecom giant has been investing in its high-speed fiber internet offerings to help drive faster subscriber and revenue growth, at a time when the …
AT&T sees first-quarter profit in line with estimates on 5G, fiber expansion Read More »
By Noel Randewich and Abhirup Roy (Reuters) – Elon Musk is running his businesses “with great difficulty” while working with the Trump administration, the Tesla CEO said on Monday in an interview with Fox Business. His remarks followed Tesla losing $130 billion in stock market value in a broad selloff on Wall Street that left …
Musk says juggling DOGE and CEO jobs is difficult, as Tesla shares slump Read More »
NEW YORK (Reuters) – A federal judge in Texas denied the U.S. Consumer Financial Protection Bureau’s motion to stay its lawsuit against Comerica Bank, according to a court order filed on Monday. The consumer watchdog agency that has been largely shuttered by the Trump administration had asked a federal court earlier this month to pause …
US judge denies CFPB’s motion to stay lawsuit against Comerica Read More »
By Curtis Williams HOUSTON (Reuters) – Commonwealth LNG has seen an increase in interest from prospective buyers since it secured an export license from the administration of U.S. President Donald Trump last month, the project’s owner said on Monday. The U.S. Department of Energy granted an LNG export license to the Commonwealth LNG project in …
Commonwealth LNG sees new interest after securing export license Read More »
(Reuters) -Illumina on Monday lowered its annual forecast and said it plans to cut $100 million in spending after China announced a ban on imports of its genetic sequencing instruments. The company said it now expects 2025 adjusted profit of about $4.50 per share, compared to its previous expectation of $4.50 to $4.65 per share. …
Illumina lowers outlook due to China sales ban, to cut $100 million in costs Read More »
By Georgina McCartney (Reuters) -Alberta Premier Danielle Smith said on Monday that the Canadian province would continue to supply crude oil to the United States but that U.S. President Donald Trump’s tariff threats also underscored the need for new markets. She said U.S. tariffs currently do not apply to Canadian crude oil, but that producers …
By Sheila Dang HOUSTON (Reuters) -Chevron would like to see durability in U.S. energy policy rather than swings from one extreme to another, CEO Mike Wirth said on Monday. U.S. President Donald Trump’s first weeks in office during his second term have been marked by a rapid overhaul of government and the reversal of many …
Chevron CEO urges lasting US energy policy, not extreme swings Read More »
By Ernest Scheyder HOUSTON (Reuters) -Freeport-McMoRan hopes U.S. President Donald Trump declares copper a critical mineral, a move that would unlock tax credits needed to boost American production of the red metal and offset global rivals, CEO Kathleen Quirk said on Monday. Trump told the U.S. Congress last week he would “take historic action to …
Freeport-McMoRan hopes Trump declares copper a critical mineral Read More »
(Reuters) -Apple is preparing a major overhaul of its software, due later this year, which will change the look of the operating systems and the interface of the iPhone, iPad and Mac, Bloomberg News reported on Monday, citing people familiar with the effort. The revamp, which is loosely based on Vision Pro’s software, would include …
Apple preparing for a major software overhaul, Bloomberg News reports Read More »
