By Abhirup Roy SAN FRANCISCO (Reuters) - Texas again deferred a vote on grants of federal funds to build electric vehicle chargers to Aug. 16 amid pushback from some charging companies over its plan to include Tesla's technology in charging…
By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) - Morgan Stanley has hired veteran investment banker Daniel Cohen from Truist Financial Corp, where he was the head of the firm's healthcare services advisory business, a person familiar with the…
MADRID (Reuters) - Amancio Ortega, the founder of Zara-owner Inditex, has bought a warehouse in Los Angeles for $109 million as part of a continued drive to invest in logistics real estate in the U.S., his investment firm Pontegadea said…
(Reuters) - The interest rate on the most popular U.S. home loan leapt back over 7% last week for the first time since last fall as financial markets adjusted to an expectation that the Federal Reserve would need to keep…
By Sruthi Shankar and Medha Singh (Reuters) -A "special rebalance" of the Nasdaq 100 index will take place later this month as exchange operator Nasdaq looks to reduce the concentration of heavyweight companies that account for nearly half of the…
(This July 11 story has been corrected to add 'CoinShares' in paragraph 2 and 'funds investing in crypto' in paragraph 4) By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) - Global hedge funds not specialising in crypto assets have grown…
By Jody Godoy (Reuters) -Twitter has threatened to sue Meta Platforms over its new Threads platform in a letter sent to the Facebook parent's CEO Mark Zuckerberg by Twitter's lawyer Alex Spiro. Meta, which launched Threads on Wednesday and has…
By Safiyah Riddle (Reuters) - American employers slowed downsizing in June, announcing the lowest number of layoffs since October 2022. According to the latest job cuts report from employment firm Challenger, Gray & Christmas released on Thursday, U.S.-based employers said…
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) - Wall Street's main indexes ended with modest declines on Wednesday as investors digested minutes from the U.S. Federal Reserve's latest meeting and braced for significant economic data in…
LONDON (Reuters) - U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California and Florida increasingly hit by…
