News

U.S. Stocks Open Higher Than Expected

U.S. Stocks Open Higher Than Expected

Investors experience slight improvement in U.S. stocks despite weaker-than-expected job growth, with DJIA, SPX, and COMP showing positive gains.

Tesco Upgrades Guidance on Retail Earnings

Tesco Upgrades Guidance on Retail Earnings

Tesco has upgraded its guidance on retail earnings, expecting £2.6-£2.7 billion profit by 2024. The company attributes this growth to cost reductions, easing in...

United Airlines Expands Fleet with Additional Aircraft Orders

United Airlines Expands Fleet with Additional Aircraft Orders

United Airlines has placed an order for 110 new aircrafts from Airbus and Boeing, reflecting its optimism in future growth and increasing travel demand. The ord...

Layoffs Due to UAW Strike

Layoffs Due to UAW Strike

Approximately 500 autoworkers from Ford and GM have been laid off as UAW strike continues, impacting stock market, production, and workers.

Technology Companies' Shares Rise as Traders Rotate Towards Mega-Cap Companies

Technology Companies' Shares Rise as Traders Rotate Towards Mega-Cap Companies

Traders are shifting focus towards mega-cap tech companies, raising concerns about the overall market's stability. Microsoft CEO accuses Google of using unfair...

Cigna Group to Pay $172 Million for Medicare Advantage Fraud

Cigna Group to Pay $172 Million for Medicare Advantage Fraud

The Cigna Group reaches a settlement in a legal case over Medicare Advantage fraud, agreeing to pay $172 million. The company will now operate under a corporate...

Market Movers Ahead of Monday's Opening

Market Movers Ahead of Monday's Opening

Get the latest updates on stock gainers and decliners ahead of Monday's opening. Syndax Pharmaceuticals, AMC Entertainment, and Chinese auto makers see signific...

Changes to Araguaia Nickel Project

Changes to Araguaia Nickel Project

Horizonte Minerals announces changes to its Araguaia nickel project, leading to higher capital expenditure and a delayed production schedule.

Allianz Announces Leadership Changes and Renewed Mandates

Allianz Announces Leadership Changes and Renewed Mandates

Allianz has announced leadership changes and renewed mandates, including a new CFO appointment, CEO mandate renewal, and extension of a management board member'...

Social Security's COLA Calculation for 2024 May be Delayed Due to Potential Government Shutdown

Social Security's COLA Calculation for 2024 May be Delayed Due to Potential Government Shutdown

Anticipated delay in the announcement of Social Security's COLA calculation for 2024 due to a potential U.S. government shutdown.