By Gianluca Lo Nostro and Leo Marchandon (Reuters) -Elon Musk’s Starlink, a subsidiary of SpaceX, secured its largest direct-to-cell deal…
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Elf Beauty shares slump after annual sales forecast comes below estimates
(Reuters) -Elf Beauty forecast annual sales and profit below Wall Street estimates on Wednesday, as the cosmetics-maker grapples with rising…
Qualcomm forecasts first-quarter results above estimates as AI drives smartphone upgrades
By Stephen Nellis and Arsheeya Bajwa SAN FRANCISCO (Reuters) -Chip designer Qualcomm on Wednesday forecast fiscal first-quarter sales and profit…
Fed finalizes revised standard for grading big banks
WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large…
US economic resilience lifts spirits
By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and…
US motor vehicle sales drop in October as EV subsidies expire
By Lucia Mutikani WASHINGTON (Reuters) -Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies…
China dismisses Taiwan safety concerns about hosting APEC next year
By Ryan Woo and Ben Blanchard BEIJING/TAIPEI (Reuters) -China’s foreign ministry has dismissed safety concerns raised by Taiwan about its…
Apple to enter low-cost laptop market with budget Mac, Bloomberg News reports
(Reuters) -Apple is preparing to launch a budget Mac in the first half of next year, entering the low-cost laptop market…
U.S. bank regulator looking to ensure big banks have scrapped ‘debanking’ policies
NEW YORK (Reuters) -A senior U.S. bank regulator said Tuesday that he is looking to ensure that large banks have…
Exxon explores more refinery upgrades as it hones in on higher-value products
By Sheila Dang HOUSTON (Reuters) -After starting up operations at four new refining and chemicals initiatives this year, Exxon Mobil…