By Sinéad Carew and Shristi Achar A (Reuters) - Wall Street's three major indexes edged up slightly on Friday as investors digested recent gains while remarks from Federal Reserve officials clouded the outlook about when the U.S. central bank might…
By Greg Bensinger (Reuters) -Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred employees working on Alexa, according…
By Lewis Krauskopf NEW YORK (Reuters) - Are U.S. stocks poised to continue their dramatic run, or is a pause ahead? That’s the question investors are asking as the S&P 500 heads into the close of the year with fresh…
By Howard Schneider BOSTON (Reuters) - Millions of "gig" workers may get missed every month in the U.S. government's employment report, a discrepancy with implications for how Federal Reserve officials size up the job market and any associated inflation risks.…
(Reuters) - Apple said it plans to adopt a messaging standard next year that will allow for a smoother texting experience between iPhones and Android devices. The company had been resisting the Rich Communication Services (RCS) standard for more than…
By Lucia Mutikani WASHINGTON (Reuters) - U.S. single-family homebuilding increased marginally in October and activity could remain moderate in the near term amid higher mortgage rates, which sent homebuilder confidence tumbling to an 11-month low in November. Nevertheless, new construction…
(Reuters) - Fisker said on Friday that its new distribution strategy would help improve delivery speed and volume, which the electric vehicle company noted was a bottleneck that curbed production. Earlier this week, the company slashed its production target for…
By Medha Singh (Reuters) - U.S. retail traders rushed to lock in gains from a share rally sparked by signs of cooling inflation, looking to recoup losses in their portfolios from a brutal 2022 due to rising borrowing costs. As…
By Arsheeya Bajwa (Reuters) -Cisco tumbled more than 12% on Thursday after cuts to its annual forecasts raised fears that excess inventory with customers was sapping new orders in its mainstay networking equipment business. The company was set to lose…
By Svea Herbst-Bayliss and Dawn Chmielewski (Reuters) -ValueAct Capital has built a large stake in Walt Disney and sees room for the media and entertainment giant's stock price to roughly double, people familiar with the investment firm's thinking said on…
