Business

Amazon loses court fight to suspend EU tech rules’ ad clause FILE PHOTO: Illustration shows Amazon logo

Amazon loses court fight to suspend EU tech rules’ ad clause

Stock Focus Report March 27, 2024

By Foo Yun Chee and Inti Landauro BRUSSELS (Reuters) -Amazon on Wednesday lost its fight to suspend...

Trump’s media company valued at almost $8 billion in strong Wall St debut Shares of Truth Social and Trump Media & Technology Group

Shares of Truth Social and Trump Media & Technology Group

Trump’s media company valued at almost $8 billion in strong Wall St debut

Stock Focus Report March 27, 2024

By Medha Singh and Yuvraj Malik (Reuters) -Shares of Donald Trump’s Trump Media & Technology Group surged...

GM, Ford are upbeat on ‘really strong’ US demand FILE PHOTO: Canadian International Auto Show in Toronto

FILE PHOTO: Canadian International Auto Show in Toronto

GM, Ford are upbeat on ‘really strong’ US demand

Stock Focus Report March 26, 2024

By Nathan Gomes and Joseph White (Reuters) -Top executives of General Motors and Ford gave upbeat outlooks...

Tesla shares gain as Musk offers US customers Full Self-Driving software trial FILE PHOTO: The Tesla logo is seen on a car

Tesla shares gain as Musk offers US customers Full Self-Driving software trial

Stock Focus Report March 26, 2024

By Akash Sriram and Hyunjoo Jin (Reuters) -Shares of Tesla rose about 4% on Tuesday after CEO...

Reddit shares surge a day after options launch, set to nearly double IPO price FILE PHOTO: Reddit logos are seen displayed in this illustration

FILE PHOTO: Reddit logos are seen displayed in this illustration

Reddit shares surge a day after options launch, set to nearly double IPO price

Stock Focus Report March 26, 2024

(Reuters) – Shares of social media platform Reddit jumped 11% on Tuesday, set to extend a strong...

Citigroup to end sweeping overhaul this week after 5,000 layoffs FILE PHOTO: The logo for Citibank is seen on the

Citigroup to end sweeping overhaul this week after 5,000 layoffs

Stock Focus Report March 25, 2024

By Tatiana Bautzer, Lananh Nguyen and Manya Saini (Reuters) -Citigroup is in the last phase of a...

Boeing CEO Dave Calhoun to step down in shakeup amid safety crisis FILE PHOTO: Boeing employees and executives attend the delivery of

FILE PHOTO: Boeing employees and executives attend the delivery of

Boeing CEO Dave Calhoun to step down in shakeup amid safety crisis

Stock Focus Report March 25, 2024

By David Shepardson and Allison Lampert (Reuters) – Boeing CEO Dave Calhoun will step down by year-end...

US new home sales fall; median price lowest in more than 2-1/2 years FILE PHOTO: Homes for sale in Washington

FILE PHOTO: Homes for sale in Washington

US new home sales fall; median price lowest in more than 2-1/2 years

Stock Focus Report March 25, 2024

By Lucia Mutikani WASHINGTON (Reuters) -Sales of new U.S. single-family homes unexpectedly fell in February after mortgage...

Boeing’s ongoing 737 MAX crisis FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes

FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes

Boeing’s ongoing 737 MAX crisis

Stock Focus Report March 25, 2024

(Reuters) -Boeing CEO Dave Calhoun will step down by the end of the year, following the planemaker’s...

Google, Apple breakups on the agenda as global regulators target tech A 3D printed Google logo is placed on the Apple

Google, Apple breakups on the agenda as global regulators target tech

Stock Focus Report March 25, 2024

By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in...