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Reuters - vor 1 Stunde

Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Cisco Systems Aug 14 (Reuters) - U.S. and Canadi an companies have continued to cut jobs in 2024 after letting go thousands last year, a s they remain uncertain about t he econom i c conditions . Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Cisco Systems CSCO.O will lay off 7% of its global workforce , as part of a restructuring plan, the networking giant said, about six months after announcin
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Reuters - vor 3 Stunden

S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs

US STOCKS-S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs S&P 500, Nasdaq extend win streaks to five U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up VIX records fastest ever drop from high-fear range Indexes up: Dow 0.61%, S&P 500 0.38%, Nasdaq 0.03% Adds closing prices By David French Aug 14 (Reuters) - The S&P 500 ended higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassure
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Reuters - vor 4 Stunden

S&P 500 closes up, win streak at 5; Alphabet weighs on Nasdaq

US STOCKS-S&P 500 closes up, win streak at 5; Alphabet weighs on Nasdaq Kellanova jumps after Mars to buy co in $36 bln deal U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up Updates to close By David French Aug 14 (Reuters) - T he S&P 500 closed higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassured investors betting the Federal Reserve would start cutting U.S.
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Reuters - vor 5 Stunden

S&P 500 top and bottom performing stocks at about 03:31 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:31 p.m. EDT S&P 500 .SPX Top Performers Percent Change Kellanova K.N +7.6% Charles Schwab Corp SCHW.N +5% Progressive Corp PGR.N +5.0% Allstate Corp ALL.N +4.9% CrowdStrike Holdings Inc CRWD.OQ +3.3% Bottom Performers Percent Change Albemarle Corp ALB.N -5.7% ETSY Inc ETSY.OQ -4.1% Tesla I
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Reuters - vor 5 Stunden

Court upholds blockbuster $267 million legal fee award in Dell lawsuit

UPDATE 3-Court upholds blockbuster $267 million legal fee award in Dell lawsuit Updates with details from the ruling and background on related Tesla cases, paragraphs 15-18 By Tom Hals and Jonathan Stempel WILMINGTON, Delaware, Aug 14 (Reuters) - Five law firms should receive $267 million in legal fees for obtaining a $1 billion settlement for shareholders of Dell Technologies DELL.N , the Delaware Supreme Court ruled on Wednesday, rejecting arguments that the payment was a windfall.
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Reuters - vor 6 Stunden

Wall Street indexes mixed as Alphabet slips, data keeps rate-cut bets intact

US STOCKS-Wall Street indexes mixed as Alphabet slips, data keeps rate-cut bets intact Kellanova jumps after Mars to buy co in $36 bln deal U.S. CPI rises as expected in July Alphabet dips after report US mulls Google break-up Indexes: Dow up 0.64%, S&P 500 up 0.22%, Nasdaq down 0.24% Updated to 2:00 p.m. ET/1800 GMT By Shashwat Chauhan and David French Aug 14 (Reuters) - Wall Street's main indexes o ffered a mixed bag on Wednesday, as Alphabet and some megacap tech stocks traded lower but the l
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Reuters - vor 6 Stunden

U.S. STOCKS Progressive, Serve Robotics, Palo Alto Networks

BUZZ-U.S. STOCKS ON THE MOVE-Progressive, Serve Robotics, Palo Alto Networks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday as Alphabet slid and as signs of moderating inflation kept bets intact that the U.S.
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Reuters - vor 7 Stunden

UAW union launches pro-Harris campaign to mobilize workers across US

UAW union launches pro-Harris campaign to mobilize workers across US By Nora Eckert DETROIT, Aug 14 (Reuters) - The United Auto Workers is launching a U.S-wide effort to mobilize its one million active and retired workers to vote for Kamala Harris in the Nov. 5 election , it said on Wednesday, offering the Democrat a potential boost in critical battleground states.
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Reuters - vor 8 Stunden

Sustainable Finance Newsletter - worker pay gap has narrowed to 268:1, but that won't last

Sustainable Finance Newsletter - CEO-worker pay gap has narrowed to 268:1, but that won't last By Ross Kerber Aug 14 (Reuters) - The topic of this week's column is the huge compensation gap within companies. The difference between the pay of CEOs and their workers drew a notch narrower, a recent report showed, but don't hold your breath for the trend to continue as labor markets soften.
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Reuters - vor 12 Stunden

Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs

Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs By Abhirup Roy and Marie Mannes Aug 14 (Reuters) - Swedish electric-vehicle (EV) maker Polestar A4N1y.F moved one step further in avoiding major tariffs imposed on Chinese-made cars on Wednesday when the automaker said it began production of its Polestar 3 SUV in the United States.
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Reuters - vor 14 Stunden

NHTSA closes preliminary evaluation of front suspension failure in Tesla vehicles

UPDATE 3-NHTSA closes preliminary evaluation of front suspension failure in Tesla vehicles Adds detail in paragraphs 3, 4, 10 and 11, and background in paragraph 9 Aug 14 (Reuters) - The National Highway Traffic Safety Administration said on Wednesday it has closed a preliminary evaluation into 74,918 Tesla TSLA.O vehicles over front suspension failures.
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Reuters - vor 14 Stunden

NHTSA closes probe into Tesla vehicles over front suspension failure

NHTSA closes probe into Tesla vehicles over front suspension failure Aug 14 (Reuters) - The National Highway Traffic Safety Administration said on Wednesday it has closed a preliminary evaluation into nearly 75,000 Tesla TSLA.O vehicles over front suspension failure. Reporting by Akash Sriram in Bengaluru; Editing by Varun H K
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Reuters - vor 14 Stunden

NHTSA Says Closes Preliminary Evaluation Into Est 74,918 Tesla Vehicles That Was Opened Over Front Suspension Fore Links Failure

BRIEF-NHTSA Says Closes Preliminary Evaluation Into Est 74,918 Tesla Vehicles That Was Opened Over Front Suspension Fore Links Failure Aug 14 (Reuters) - NHTSA: CLOSES PRELIMINARY EVALUATION INTO EST 74,918 TESLA VEHICLES THAT WAS OPENED OVER FRONT SUSPENSION FORE LINKS FAILURE Source text: https://tinyurl.com/26cam2b5
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Reuters - vor 19 Stunden

Wall Street Journal - Aug. 14

PRESS DIGEST - Wall Street Journal - Aug. 14 Aug 14 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Elliott Investment Management said it plans to launch a proxy fight at Southwest Airlines LUV.N and plans to nominate 10 director candidates to Southwest's 15-person board, including David Cush, the former CEO of Virgin America and Robert Milton, the former CEO of Air Canada.
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Reuters - vor 1 Tag

Shunning home markets, South Korean retailers pile-up on US stocks

FOCUS-Shunning home markets, South Korean retailers pile-up on US stocks South Koreans resume years-long trend of buying US stocks Recent markets rout unlikely to deter Korean buying of US stocks Koreans hold Tesla the most, followed by Nvidia and Apple Retail sell-off in the domestic market biggest on record By Jihoon Lee and Cynthia Kim SEOUL, Aug 14 (Reuters) - South Korea's mom-and-pop investors are defying last week's global financial markets rout by pouring even more funds into U.S.
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Reuters - vor 1 Tag

Texas judge in lawsuit by Musk's X against advertisers exits case

Texas judge in lawsuit by Musk's X against advertisers exits case By Mike Scarcella Aug 13 (Reuters) - A federal judge in Texas assigned to hear a lawsuit by Elon Musk's social media platform X against a group of advertisers has removed himself from the case following reports that he owned shares of another Musk company, Tesla TSLA.O . U.S. District Judge Reed O'Connor in Fort Worth, Texas did not give a reason in his one-paragraph recusal filing on Tuesday.
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Reuters - vor 1 Tag

Harris holds lead over Trump on PredictIt betting platform

CORRECTED-LIVE MARKETS-Harris holds lead over Trump on PredictIt betting platform Corrects to show oddschecker.com has Harris odds ahead of Trump, and not Trump ahead of Harris Main U.S. indexes surge; Nasdaq up ~2.3% Tech leads S&P 500 sector gainers; Energy sole loser Dollar, gold slip; crude off ~2%; bitcoin up ~4% U.S. 10-Year Treasury yield falls to ~3.85% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - vor 1 Tag

Elon Musk's bully pulpit is coming into focus

BREAKINGVIEWS-Elon Musk's bully pulpit is coming into focus The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Aug 13 (Reuters Breakingviews) - Power begets power. Elon Musk is amassing ever more of it. The billionaire behind rocket-maker SpaceX and cars-to-batteries giant Tesla TSLA.O hosted an interview with Donald Trump on Monday on X, the social media platform he owns.
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Reuters - vor 1 Tag

Auto File: In China, AI takes drivers’ jobs 

Auto File: In China, AI takes drivers’ jobs  By Victoria Walderse Automotive Correspondent Victoria.Waldersee@thomsonreuters.com Greetings from Germany, where I woke up this morning wondering how much electric vehicles will have featured in Elon Musk's interview with Donald Trump on X last night and thrown off my plans for this newsletter. (I am filling in this week while Nick Carey enjoys a much-deserved break.) It seems, however, that the two men - once they got past the technical glitches
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Reuters - vor 1 Tag

UAW accuses Trump, Musk of trying to intimidate workers in labor complaints

UPDATE 7-UAW accuses Trump, Musk of trying to intimidate workers in labor complaints UAW President Shawn Fain condemns Trump and Musk's actions as illegal and predictable NLRB can order employers to cease illegal conduct and inform workers of their rights Musk's companies face multiple NLRB complaints, including illegal threats and discouraging unionizing Trump and Fain have exchanged barbs in the past Adds details and commentary from Teamsters in paragraphs 17-19 By Nora Eckert and Daniel Wiess
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