(Reuters) – Goldman Sachs on Monday announced plans to combine key business segments under a single unit named ‘Capital Solutions Group,’ to grow in private credit, private equity and other asset classes. (Reporting by Manya Saini in Bengaluru; Editing by Shinjini Ganguli)
(Reuters) -Moderna cut its 2025 sales forecast by $1 billion on Monday, hurt by a slow adoption of its respiratory syncytial virus (RSV) shot and weak demand for COVID-19 vaccines, sending its shares down more than 18% in premarket trading. Demand for its COVID vaccine has been waning after the pandemic, while adoption of its …
Moderna cuts 2025 sales forecast by $1 billion on weak vaccine demand, shares fall Read More »
(Reuters) – President-elect Donald Trump has promised to maximize U.S. oil and natural gas production – already at record highs – in part by clearing away what he deems as unnecessary regulation and bureaucracy. Here are some of the energy-related executive orders Trump could announce during his first days in office, as he seeks to …
Factbox-Trump’s likely first moves on US energy policy Read More »
(Reuters) – Abercrombie & Fitch on Monday raised its annual net sales growth target for the current quarter helped by strong demand for its apparel collections during the holiday shopping season. The company now expects fourth-quarter net sales to grow between 7% and 8%, compared with the prior target of 5% to 7% growth. (Reporting …
Abercrombie & Fitch lifts fourth-quarter sales target on strong holiday demand Read More »
(Reuters) – Macy’s said on Monday it expects fourth-quarter net sales to be slightly below the low-end of the previously issued range of $7.8 billion to $8.0 billion. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Arun Koyyur)
DUBLIN (Reuters) – Delays in deliveries from major aircraft manufacturers are in some cases getting worse, and estimates of delay time can not be trusted, Steven Udvar-Hazy, the executive chairman of Air Lease Corp said on Monday. “Supply chain bottlenecks, OEM delays .. in some cases, are getting worse,” Udvar-Hazy told the Airline Economics conference, …
Top lessor Air Lease says some aircraft manufacturer delays getting worse Read More »
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s S&P 500 index has all but wiped out its post-election gains, weighed by bond markets fearful of an inflation and interest rate resurgence if the hot economy gets stoked by President-elect Donald Trump’s incoming administration. With the …
Morning Bid: S&P500 wipes post-election gains as bonds haunt Read More »
By Amina Niasse NEW YORK (Reuters) – Medical data research company Truveta said on Monday that Regeneron Pharmaceuticals, Illumina and 17 U.S. health systems will take a $320 million stake in the company as part of a deal to build the world’s largest genetic database. The deal values privately held Truveta at more than $1 …
Truveta sells stakes to Regeneron, Illumina in deal to build genetic database Read More »
By Karen Freifeld (Reuters) – The U.S. government said on Monday it would issue a new regulation designed to control access to U.S.-designed artificial intelligence chips and technology by other countries around the world. The rule regulates the flow of American AI chips and technology needed for the most sophisticated AI applications. Here are more …
Explainer-How the new AI chip rule from the US will work Read More »
By Joey Roulette CAPE CANAVERAL, Florida (Reuters) -Jeff Bezos does not think SpaceX CEO Elon Musk will use his close ties with U.S. President-elect Donald Trump to undercut Bezos’ rival space company Blue Origin, and was “very optimistic” about the incoming administration’s space agenda. The inaugural launch of Blue Origin’s New Glenn rocket, tasked with …
Bezos sees no threat from Musk-Trump ties in space race Read More »
