By Ragini Mathur (Reuters) -Canada’s commodity-heavy main stock index fell on Monday, led by a decline in energy shares, as investors were jittery after U.S. President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell. Toronto Stock Exchange’s S&P/TSX Composite Index fell 0.6% to 24,037.16 points, on pace to snap its five-session winning streak. Including …
TSX falls as Trump’s Fed criticism shakes markets Read More »
By Jonathan Stempel NEW YORK (Reuters) – Ryan Cohen, the billionaire chief executive of GameStop, must face a lawsuit by the company once known as Bed Bath & Beyond to recoup $47.2 million of profit from trading its stock before the home goods retailer went bankrupt. U.S. District Judge Naomi Reice Buchwald in Manhattan on …
GameStop CEO must face Bed Bath & Beyond lawsuit Read More »
WASHINGTON (Reuters) -A gauge of future U.S. economic activity fell sharply in March, potentially flagging tepid growth this year amid tariffs. The Conference Board said on Monday its Leading Economic Index dropped 0.7% last month after decreasing 0.2% in February. Economists polled by Reuters had forecast the index sliding 0.5%. It fell 1.2% in the …
US leading indicator declines sharply in March amid tariffs Read More »
By Joel Jose (Reuters) -Netflix shares rose about 3% on Monday after the streaming company reaffirmed its annual revenue forecast, assuring investors that it could withstand any economic downturn amid a tariff-laden economic climate. The company’s co-CEO Greg Peters noted that the entertainment sector, and Netflix specifically, had proven resilient during previous downturns. Peters said …
Netflix gains as rosy forecast calms investor nerves amid tariff fears Read More »
(Reuters) -U.S. bond funds came under heavy selling pressure in the week to April 16, highlighting concerns that U.S. President Donald Trump’s tariff measures could fuel inflation and push the economy into a recession. Investors divested U.S. bond funds for a fifth successive week to the tune of $10.07 billion on a net basis, while …
US bond funds suffer fifth weekly outflow on tariff-driven inflation fears Read More »
By Akash Sriram (Reuters) -Motorola Solutions on Monday launched the SVX, a device that combines a remote speaker microphone, body camera and AI assistant named Assist, to help first responders seeking ways to save time and react to emergencies. Public safety agencies have been increasing modernization efforts and are looking for products and solutions that …
Motorola Solutions launches AI tool, new device to cut emergency response time Read More »
By Akash Sriram (Reuters) – Tesla investors will be eager to ask CEO Elon Musk two pressing questions when the electric vehicle maker reports results on Tuesday: when will the affordable vehicle launch, and is the robotaxi plan on schedule? Wall Street has pinned its hopes on a cheaper car – promised by the end …
Tesla’s affordable EV, robotaxis in focus after Musk backlash, competition hurt demand Read More »
By Allison Lampert and Dan Catchpole SEATTLE (Reuters) -Boeing has secured new stocks of specialized nuts and bolts that hold together its top-selling commercial jet, two industry sources told Reuters, avoiding for now any slowdown in U.S. plane production due to a fire at a key supplier’s factory. Boeing had been running low on specific …
Boeing eases latest 737 MAX headache – a shortage of nuts and bolts Read More »
By Vallari Srivastava (Reuters) -Results next week will likely provide a peek into how the world’s top three oilfield services companies are navigating the uncertainty fueled by the on-again, off-again U.S. tariffs, as well as a recent slide in oil prices. President Donald Trump promised to increase U.S. oil and gas production, campaigning on the …
US oilfield services firms brace for earnings as tariffs cloud outlook Read More »
By Kevin Buckland (Reuters) -The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump’s aggressive tariffs sparked concerns of a U.S. recession. Overseas investors scooped up some 2.18 trillion yen ($15.49 billion) of JGBs with maturities of …
Trump tariff worries spur record overseas demand for JGBs Read More »
