(Reuters) – (This Oct. 18 story has been corrected to say that the NYSE received approval to trade options on 3, not 11 ETFs, in the headline and paragraph 1, to remove references to IBIT and Invesco Galaxy approvals in paragraph 4, and to add a line about CBOE approvals in paragraph 3) The U.S. …
US SEC gives green light for options listing for three spot bitcoin ETFs to NYSE Read More »
(Reuters) -Goldman Sachs is facing a fine in the tens of millions of dollars from the U.S. Consumer Financial Protection Bureau over its credit card business, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The consumer watchdog’s enforcement action is tied to an investigation into Goldman’s customer service operations with …
Goldman Sachs faces US CFPB fine over credit card business, WSJ reports Read More »
(Reuters) -Latam Airlines upgraded its guidance for 2024 earnings and passenger growth on Tuesday as the company celebrated its return to listing on the New York Stock Exchange during an event with investors. The Santiago-based carrier revised its outlook for 2024 EBITDAR, or earnings before interest, taxes, depreciation and amortization and rent costs, to between …
Latam Airlines upgrades earnings outlook at investor event Read More »
By Svea Herbst-Bayliss (Reuters) -Hedge fund Starboard Value called consumer products company Kenvue a bargain and said its skin health and beauty segment’s lackluster growth is the reason for the stock’s underperformance. Starboard Chief Investment Officer Jeffrey Smith said there is an opportunity to improve revenue growth and margins at the segment which has the …
Starboard says Kenvue’s skin health segment weighing on performance Read More »
(Reuters) -U.S. retailer Walmart on Tuesday said it will start delivering prescription medicines and medication refills along with groceries and other items as a single order within 30 minutes, upping the ante in its delivery competition against Amazon Inc. Walmart’s move comes a couple of weeks after Amazon announced plans to open pharmacies offering same-day …
Walmart to deliver US prescription medications in as soon as 30 minutes Read More »
By David Shepardson and Nora Eckert DETROIT (Reuters) -U.S. Energy Secretary Jennifer Granholm said on Tuesday the department is working “as fast as we can” to finalize $1.7 billion in grants to fund the conversion of plants to build electric vehicles and components. “We are working as fast as we can to finalize as much …
US working ‘as fast as we can’ to finalize EV conversion grants, official says Read More »
By Tanay Dhumal (Reuters) -Freeport-McMoRan said on Tuesday that demand for copper is expected to increase with more data centers being built, and the miner reported a better-than-expected quarterly profit as higher prices of the red metal offset a drop in production. Average copper prices rose in the third quarter on signs of better demand …
Freeport-McMoRan sees data centers boosting copper demand, beats Q3 results estimates Read More »
(Reuters) – Shares of former U.S. President Donald Trump’s media company surged to their highest since July on Tuesday as betting odds favored the Republican candidate in his bid for reelection to the White House. Shares of Trump Media & Technology Group, which operates the Truth Social app, jumped 9% to $34.17, and the stock …
Shares of Trump’s media company soar as betting odds favor White House win Read More »
By Nora Eckert DETROIT (Reuters) -Stellantis is expanding its truck plant in Mexico as a “relief valve” for a U.S. truck factory expected to reach capacity in the future, Chrysler and Ram brand CEO Christine Feuell said on Tuesday on the sidelines of a Reuters event in Detroit. Asked why that extra capacity wasn’t added …
Reuters Events: Ram brand CEO says Mexico truck plant expansion is ‘relief valve’ Read More »
By Rajesh Kumar Singh, Shivansh Tiwary (Reuters) -GE Aerospace said on Tuesday it was still wrestling with supply-chain constraints that have led to a decline in jet engine deliveries and are weighing on its revenue, sending its shares down 8%. The company said the constraints have impacted the shipments of engines for both narrowbody and …
GE Aerospace’s struggle with supply constraints hits jet engine deliveries Read More »
