By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks ended lower on Thursday, with UnitedHealth down sharply and technology shares easing as investors awaited Friday’s jobs report. The S&P 500 technology index fell 0.2% after hitting a record closing high on Wednesday, when all three major U.S. stock indexes also notched closing highs. Shares of Synopsys …
Indexes dip with UnitedHealth, tech, ahead of jobs report Read More »
By Rich McKay and Luc Cohen NEW YORK (Reuters) -New York police released new photos on Thursday showing the face of the man suspected of gunning down UnitedHealth executive Brian Thompson in Midtown Manhattan, with the shooter still at large nearly 36 hours after authorities launched a citywide manhunt to track him down. Thompson, the …
Killer of UnitedHealth’s Thompson still at large amid manhunt in New York Read More »
NEW YORK (Reuters) – Citigroup on Thursday announced the promotion of 344 executives in 29 countries to managing directors, known as MD, the bank’s higher officer title. A memo sent to all employees by the executive management committee said this year had one of “the largest MD cohorts in our firm’s history.” The committee also …
Citigroup promotes 344 executives to managing directors Read More »
By David Shepardson CHICAGO (Reuters) -The head of the Federal Aviation Administration said on Thursday that Boeing has not yet resumed producing 737 MAX airplanes following a machinists strike, but plans to begin later this month. FAA Administrator Mike Whitaker this week met with Boeing CEO Kelly Ortberg and toured Boeing’s 737 plant in Renton, …
FAA administrator says Boeing still not producing MAX planes after strike Read More »
By Andy Sullivan, David Morgan and Richard Cowan WASHINGTON -Billionaire Elon Musk and former presidential candidate Vivek Ramaswamy met on Thursday with Republican lawmakers whose support they will need to win the sweeping spending cuts that President-elect Donald Trump has asked them to find. Trump has named two entrepreneurs to a task force that aims …
Elon Musk brings Trump’s government efficiency push to Capitol Hill Read More »
(Reuters) – Australia’s agency for monitoring financial crimes said on Friday it had established an internal cryptocurrency task force to identify and take action against crypto ATM providers that do not comply with the country’s anti-money laundering laws. The Australian Transaction Reports and Analysis Centre (AUSTRAC) said its findings showed cryptocurrency was increasingly being exploited …
Australian regulator moves to curtail criminal use of cryptocurrency Read More »
By Juveria Tabassum (Reuters) -Lululemon Athletica increased its full-year forecasts on Thursday, betting on resilient demand for its athletic wear in the U.S. during the holiday shopping season and continued strength in its international business. The company’s shares rose about 8% in extended trading, with Lululemon approving an increase of $1 billion to its stock …
Lululemon raises annual forecasts betting on robust holiday sales Read More »
(Reuters) – Cosmetics retailer Ulta Beauty raised its annual profit forecast on Thursday, signaling a bounce back in demand for perfumes and makeup during the holiday shopping season and sending its shares up more than 11.5% in aftermarket trading. The company has seen strong engagement from younger shoppers who are on the look out for …
Ulta Beauty raises annual profit forecast, shares rise Read More »
By Suzanne McGee (Reuters) – MFS Investment Management, the Boston-based asset manager that unveiled the world’s first open-ended mutual fund a century ago, is making a foray into exchange-traded funds with the launch of five ETFs on Thursday. Three of the ETFs are tied to the stock market, while the other two offer core bond …
Mutual fund pioneer MFS Investment Management launches first ETFs Read More »
(Reuters) – Hewlett Packard Enterprise beat Wall Street expectations for fourth-quarter revenue and profit on Thursday, as it benefits from strong demand for its servers used to power artificial intelligence applications. Shares of the company rose around 1.5% in extended trading. Demand for HPE’s servers, equipped with Nvidia processors, has remained healthy as enterprises invest …
Hewlett Packard Enterprise beats quarterly results estimates on strong AI server demand Read More »
