By Nathan Gomes (Reuters) -General Motors edged out rival Toyota Motor to remain the top-selling automaker in the U.S. in 2023 as easing supply snags and sustained demand drove the industry to its best year since the pandemic. The Detroit…
By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co as it defends itself against a board challenge from a third activist investor, Trian Fund Management. The unusual twist in…
By Herbert Lash NEW YORK (Reuters) -The dollar rebounded further from last year's sell-off and global stock markets extended a New Year slide on Wednesday as doubts about the chances of a soft landing mounted even as the Federal Reserve…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose to a two-week high on Wednesday as investors continued to take profits on short dollar positioning amassed toward the end of last year, even as they questioned market expectations of…
By David Shepardson WASHINGTON (Reuters) -U.S. flight cancellations fell to the lowest rate in at least a decade in 2023, the U.S. Transportation Department said Wednesday, after a string of bumpy years for air travel. There were 16.3 million U.S.…
By Curtis Williams HOUSTON (Reuters) - U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying it positioned the United States to leapfrog Qatar and Australia to become the largest…
By Stephen Culp NEW YORK (Reuters) -U.S. stocks closed modestly lower on Friday, the last trading day of 2023, capping a robust year-end rally as investors eyed easier monetary policy in the year ahead. The stock market has seen remarkable…
By John Shiffman and Joshua Schneyer WASHINGTON (Reuters) - Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The startup told potential investors it would sell microchip design…
By Deep Kaushik Vakil (Reuters) - Gold investors anticipate record high prices next year, when the fundamentals of a dovish pivot in U.S. interest rates, continued geopolitical risk, and central bank buying are expected to support the market after a…
(Reuters) - BuzzFeed's Marcela Martin has announced her intention to resign as president effective Jan. 12 to pursue other opportunities, the digital media firm said on Friday. The company is unlikely to look for a replacement as the president's responsibilities…
