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MIsc. News

  • MIsc. News

    Biden raising money on Trump’s home turf in Florida

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Trevor Hunnicutt MIAMI (Reuters) -U.S. President Joe Biden traveled to Florida on Tuesday to raise funds for his 2024 reelection bid on the home turf of his likely opponent, …

  • MIsc. News

    Microsoft touts AI strength, but shares dip as market digests costs

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Stephen Nellis, Yuvraj Malik and Anna Tong (Reuters) -Microsoft beat market estimates for quarterly profit and revenue on Tuesday, as new artificial-intelligence features helped attract customers to its Azure …

  • MIsc. News

    Ryanair will take as many Boeing MAX 10s as it can get, says CEO

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Alan Charlish WARSAW (Reuters) – Ryanair will take as many Boeing MAX 10 aircraft as it can get, the airline’s CEO told Reuters on Tuesday, reiterating his confidence in …

  • MIsc. News

    Robert Half expects weak quarterly revenue on sluggish hiring activity, shares slip

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – Recruitment services firm Robert Half forecast first-quarter revenue slightly below Wall Street estimates on Tuesday, hit by sluggish hiring activity. Shares of the Menlo Park, California-based company fell …

  • MIsc. News

    Cadbury-parent Mondelez Q4 sales jump, volume drop weighs on shares

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Savyata Mishra (Reuters) -Mondelez International posted a rise in fourth-quarter sales on Tuesday, but price hikes took a toll on volumes as it squeezed demand for the Cadbury parent’s …

  • MIsc. News

    US SEC delays vote on Treasury market dealer rule to Feb 6

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – The U.S. Securities and Exchange Commission has rescheduled a Wednesday public meeting at which officials were due to vote on proposed new rules requiring more traders in U.S. …

  • MIsc. News

    GM to cut spending by $1 billion on robotaxi unit Cruise in 2024

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By David Shepardson and Joseph White DETROIT (Reuters) -General Motors said Tuesday it is cutting spending by about $1 billion on troubled robotaxi unit Cruise in 2024, but said it …

  • MIsc. News

    Factbox-What is UNRWA, the U.N. Palestinian refugee agency?

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    GENEVA (Reuters) – Major donors to the U.N. Palestinian refugee agency (UNRWA) have suspended funding after allegations emerged that around 12 of its tens of thousands of Palestinian employees were …

  • MIsc. News

    Belgian farmers block roads to Zeebrugge port as French protests spill over

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    BRUSSELS (Reuters) -Belgian farmers angry about rising costs, EU environmental policies and cheap food imports plan blocked access roads to the Zeebrugge container port on Tuesday. Farmers organising the protest …

  • Breaking NewsFeatured NewsMIsc. News

    UPS to cut 12,000 jobs, explore options for Coyote business

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Lisa Baertlein and Ananta Agarwal (Reuters) -United Parcel Service plans to cut 12,000 jobs and explore strategic options for Coyote, its volatile trucking brokerage business, after the world’s largest …

  • MIsc. News

    Factbox-Elon Musk tops list of largest US corporate pay packages

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – A judge on Tuesday invalidated Elon Musk’s record $56 billion pay package from Tesla, which was approved by the company’s shareholders in 2018. Tesla estimated in 2018 that …

  • MIsc. News

    Electronic Arts misses quarterly bookings estimates on lower consumer spending

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Zaheer Kachwala (Reuters) -Electronic Arts missed estimates for quarterly bookings on Tuesday, as lower spending and stiff competition hurt demand for its gaming titles. Shares of the company fell …

  • MIsc. News

    CapitaLand, AIA Life Insurance form $333 million JV for Beijing office building

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) -Singapore’s CapitaLand Investment said on Wednesday it will form a S$447 million ($333.78 million) joint venture with AIA Life Insurance to recapitalise its Capital Square Beijing office building in …

  • MIsc. News

    Harvard mega donor Ken Griffin has halted donations to school

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Svea Herbst-Bayliss (Reuters) – Billionaire investor Kenneth Griffin, who has donated more than half a billion dollars to Harvard University, has halted his giving to the school over how …

  • MIsc. News

    Exclusive-Hotelier Robert Bigelow gives Trump $1 million for legal fees

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Alexandra Ulmer (Reuters) -Hotelier Robert Bigelow told Reuters on Tuesday he gave Republican presidential candidate Donald Trump $1 million for his legal fees and agreed to donate another $20 …

  • MIsc. News

    EU trade chief to press on with US battery minerals talks despite differences

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By David Lawder WASHINGTON (Reuters) – The U.S. and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with …

  • MIsc. News

    NYC Council overrides mayor’s vetoes of solitary confinement ban, policing bill

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Jonathan Allen NEW YORK (Reuters) -The New York City Council voted on Tuesday to override Mayor Eric Adams’ vetoes of two bills it passed last month, one banning solitary …

  • MIsc. News

    Judge who slashed Elon Musk’s pay package known for being tough on Wall Street

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Tom Hals WILMINGTON, Delaware (Reuters) – The Delaware judge who rescinded Elon Musk’s record $56 billion compensation from Tesla on Tuesday has a reputation for her calm demeanor and …

  • MIsc. News

    Exchange operator Nasdaq to cut hundreds of jobs – Bloomberg News

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – Exchange operator Nasdaq is planning to cut hundreds of jobs as it integrates fintech firm Adenza into its business and may reallocate others in a bid to minimize …

  • MIsc. News

    Insurer Chubb’s Q4 profit surges on stronger underwriting, investment returns

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) – Chubb Limited reported a surge in fourth-quarter adjusted profit on Tuesday, helped by stronger underwriting and investment incomes, sending U.S.-listed shares of the insurer up 2.8% in after-market …

  • MIsc. News

    Walmart announces 3-for-1 stock split

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    (Reuters) -Walmart said on Tuesday it will carry out a stock split of its outstanding shares at a ratio of 3:1, as part of its ongoing review of optimal trading …

  • MIsc. News

    Payments firm PayPal to reduce global workforce by 9% in 2024

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Hannah Lang and Manya Saini (Reuters) -Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9% of its global workforce, this year, a letter from CEO …

  • MIsc. News

    Explainer-The case against Elon Musk’s $56 billion pay package

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Jody Godoy and Tom Hals (Reuters) – A Delaware judge on Tuesday invalidated Elon Musk’s $56 billion pay package for his work as Tesla’s chief executive, siding with a …

  • MIsc. News

    Oil prices climb on geopolitical tensions, positive economic data

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the Middle East offset concerns around Chinese demand. …

  • MIsc. News

    Biden to meet with UAW workers in Michigan on Thursday

    by Reuters January 30, 2024
    by Reuters January 30, 2024

    By David Shepardson WASHINGTON (Reuters) – U.S. President Joe Biden will travel to Michigan on Thursday to meet with United Auto Workers members at an event at a Detroit-area union …

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