By Caroline Valetkevitch NEW YORK (Reuters) - Major U.S. stock indexes ended sharply higher on Monday as investors were optimistic about the start of earnings season, while transportation and small-cap shares also jumped. Market participants were monitoring the Israeli war…
By Stephen Culp NEW YORK (Reuters) - Wall Street jumped and benchmark Treasury yields climbed on Monday as investors embarked upon the first full week of third-quarter earnings while keeping a close eye on the Israel-Hamas conflict. The three major…
By Tom Wilson, Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) -Bitcoin rose suddenly on Monday, before giving up nearly all its gains, after asset manager BlackRock denied a crypto media report that U.S. regulators had approved its high-profile application for…
(Reuters) - Drugstore chain Rite Aid is the latest U.S. company to seek bankruptcy protection following pressure from lawsuits alleging that they helped fuel the opioid crisis. Opioid drugs have been one of the major causes of the more than…
(Reuters) - Moderna on Monday reaffirmed its forecast of $6 billion to $8 billion in COVID vaccine sales for the year, after rival Pfizer slashed forecast for its vaccine last week. Moderna said it will have "improved visibility" about the…
(Reuters) -Shares of Manchester United fell about 10% on Monday after reports that British billionaire Jim Ratcliffe is looking to acquire a 25% stake in the soccer club raised concerns that a full buyout by Qatar's Sheikh Jassim bin Hamad…
By Kannaki Deka (Reuters) -WeWork on Monday named interim Chief Executive David Tolley as its CEO, with the former Blackstone executive given the charge of turning around the flexible workspace provider's ailing business. SoftBank-backed WeWork's shares were up 2.1% at…
By Michael S. Derby NEW YORK (Reuters) - Philadelphia Federal Reserve President Patrick Harker said on Monday the current level of interest rates has nearly killed off access to the housing market for those looking to get in for the…
By Steven Scheer JERUSALEM (Reuters) - The head of Israel's parliamentary finance committee on Monday called on Bank of Israel Governor Amir Yaron to lower short-term interest rates as one measure to help ease the burden on citizens impacted by…
By Akash Sriram (Reuters) - Tesla's margins are likely to drop in the third quarter and take a bigger hit in the last three months of 2023, leaving investors fretting about more price cuts needed to boost demand. The electric…
