By Johann M Cherian and Pranav Kashyap Dec 12 (Reuters) – Futures tracking the S&P 500 and the Nasdaq slipped…
Amazon plans new one-hour pickup service in stores, Business Insider reports
Dec 11 (Reuters) – Amazon is developing a “rush” pickup service that would let customers collect orders from its stores…
Analysts flag risks for Strategy at Nasdaq 100 index reshuffle
(Refiles to say Nasdaq 100, not Nasdaq’s 100, in headline) By Shashwat Chauhan Dec 12 (Reuters) – Bitcoin hoarding giant…
U.S. equity funds draw first weekly inflow in three weeks ahead of Fed easing
Dec 12 (Reuters) – U.S. investors bought equity funds for the first time in three weeks in the week through…
Australia social media watchdog sees common cause with US as age ban begins
By Byron Kaye SYDNEY, Dec 10 (Reuters) – The regulator overseeing Australia’s world-first teenage social media ban rejected the “technological…
Trump’s green light for Nvidia chip sales to China sparks US security concerns
By Karen Freifeld and Alexandra Alper Dec 9 (Reuters) – China hardliners and Democratic lawmakers slammed the Trump administration for…
Fed reappoints 11 regional bank presidents in unanimous vote
Dec 11 (Reuters) – The Federal Reserve on Thursday said 11 of its regional bank presidents had been reappointed to…
IMF urges China to take the ‘brave choice’: curb exports, boost consumption
(Adds dropped word ‘economy’ in second bullet point) By Joe Cash BEIJING, Dec 10 (Reuters) – The International Monetary Fund…
Costco beats quarterly sales estimates on strong demand
Dec 11 (Reuters) – Costco Wholesale beat Wall Street estimates for first-quarter revenue on Thursday, on the back of resilient…
Boeing closes Spirit AeroSystems purchase in major supply chain realignment
By Dan Catchpole SEATTLE, Dec 8 (Reuters) – Boeing said on Monday it has closed its $4.7 billion takeover of…