Business

American Airlines places its biggest plane order in more than a decade Boeing 737 MAX resumes U.S. passenger flights after safety ban

Boeing 737 MAX resumes U.S. passenger flights after safety ban

American Airlines places its biggest plane order in more than a decade

Stock Focus Report March 4, 2024

By Rajesh Kumar Singh and Shivansh Tiwary NEW YORK (Reuters) -American Airlines on Monday unveiled its biggest...

X, ByteDance, Booking.com could face tough EU rules FILE PHOTO: European flags fly outside the European Commission headquarters

FILE PHOTO: European flags fly outside the European Commission headquarters

X, ByteDance, Booking.com could face tough EU rules

Stock Focus Report March 4, 2024

By Foo Yun Chee BRUSSELS (Reuters) – Elon Musk’s X social media platform, TikTok owner ByteDance and...

Macy’s surges after investor group sweetens take-private bid to $6.6 billion A customer exits the Macy's flagship department store in midtown

A customer exits the Macy's flagship department store in midtown

Macy’s surges after investor group sweetens take-private bid to $6.6 billion

Stock Focus Report March 4, 2024

By Savyata Mishra (Reuters) -Macy’s shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital...

US value stocks draw bargain hunters while AI fever rages Traders work on the floor of the NYSE in New

Traders work on the floor of the NYSE in New

US value stocks draw bargain hunters while AI fever rages

Stock Focus Report March 2, 2024

By David Randall NEW YORK (Reuters) -As fervor for artificial intelligence sweeps Wall Street, some investors are...

Reddit seeks up to $6.5 billion valuation in IPO, source says FILE PHOTO: Illustration shows Reddit logo

Reddit seeks up to $6.5 billion valuation in IPO, source says

Stock Focus Report March 2, 2024

By Echo Wang (Reuters) – Media platform Reddit is eyeing a valuation of up to $6.5 billion...

Fitch downgrades NY Community Bancorp to BB+, outlook negative A Branch of New York Community Bank in New York

A Branch of New York Community Bank in New York

Fitch downgrades NY Community Bancorp to BB+, outlook negative

Stock Focus Report March 1, 2024

(Reuters) – Fitch Ratings has downgraded New York Community Bancorp and its bank subsidiary Flagstar Bank to...

Nvidia CEO says AI could pass human tests in five years Jensen Huang, CEO of NVIDIA, participates in the 2024 Stanford

Jensen Huang, CEO of NVIDIA, participates in the 2024 Stanford

Nvidia CEO says AI could pass human tests in five years

Stock Focus Report March 1, 2024

By Stephen Nellis PALO ALTO, California – (Reuters) – Nvidia Chief Executive Jensen Huang on Friday said...

Elon Musk sues OpenAI for abandoning original mission for profit FILE PHOTO: 54th WEF annual meeting in Davos

FILE PHOTO: 54th WEF annual meeting in Davos

Elon Musk sues OpenAI for abandoning original mission for profit

Stock Focus Report March 1, 2024

By Jahnavi Nidumolu, Aditya Soni and Sheila Dang (Reuters) -Billionaire entrepreneur Elon Musk has sued ChatGPT-maker OpenAI...

GM recalling 820,000 pickup trucks for tailgate issue FILE PHOTO: Logo of GM atop the company headquarters

GM recalling 820,000 pickup trucks for tailgate issue

Stock Focus Report March 1, 2024

By David Shepardson WASHINGTON (Reuters) -General Motors is recalling 820,000 newer pickup trucks in North America because...

As NYCB’s shares dive, options traders prepare for worse A Branch of New York Community Bank in New York

A Branch of New York Community Bank in New York

As NYCB’s shares dive, options traders prepare for worse

Stock Focus Report March 1, 2024

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The latest knock to the shares of New York...