By Medha Singh (Reuters) -Shares of retail traders' favorite AMC Entertainment Holdings soared on Monday after a U.S. court blocked the theater chain's stock conversion plan that risked diluting investors' holdings. A Delaware court judge said on Friday declined to…
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday voted to pass legislation that would raise the mandatory commercial pilot retirement age to 67 from 65 and make other aviation reforms, with the Senate now set to…
By Hyunjoo Jin SEOUL (Reuters) - Tesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, and part of the reason is a bonanza from Biden administration tax credits. "It does…
LONDON (Reuters) - Investors' rush to the safety of cash, a dominant theme in capital flow data this year, may be peaking, Bank of America global research said on Friday. There was a net $10 billion dollars of outflows from…
By Georgina Lee and Faith Hung HONG KONG/TAIPEI (Reuters) -Investors are putting aside geopolitical tensions to pile in to Taiwan stocks, with foreign inflows the biggest in years, thanks to soaring artificial intelligence and chipmaking stocks. The wave of enthusiasm,…
By Safiyah Riddle (Reuters) - An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a weakening consumer outlook and increased unemployment claims, marking the longest streak of decreases…
By Maggie Fick LONDON (Reuters) - Activist investor Elliott Investment has taken a stake in contract drugmaker Catalent, a source familiar with the matter told Reuters on Thursday. The Wall Street Journal reported on Wednesday that Elliott had built a…
By Nathan Gomes (Reuters) -Carvana shares closed up 40.2% at $55.80 on Wednesday after the troubled used-car retailer struck a deal with most of its term bondholders to cut its outstanding debt by more than $1 billion. The agreement, with…
By Manya Saini and Laura Matthews (Reuters) -Exchange operator Nasdaq beat estimates for second-quarter profit on Wednesday on the back of consistent demand for its investment-related products and capital markets solutions such as anti-financial crime software. In recent years, the…
By Chris Taylor If you ever need advice about breaking up with your bank, just ask Bruno J. Navarro. He has done it three times. The technology marketer from Maplewood, New Jersey, cut ties for a variety of reasons, such…
