Wells Fargo defeats shareholder lawsuit over fake job interviews

(Reuters) – Wells Fargo (NYSE:WFC) won the dismissal of a lawsuit accusing the fourth-largest U.S. bank of defrauding shareholders by…

Palo Alto, Tesla, Nvidia rise premarket; Napco, Nikola fall

U.S. futures traded higher Monday, starting a new week on a positive note as investors await news from Federal Reserve…

Pet-food maker Freshpet appoints activist investor’s director nominee to board

(Reuters) – Pet food company Freshpet (NASDAQ:FRPT) Inc said on Monday it has reached an agreement with Jana Partners and…

Micron says federal support necessary for Idaho, New York projects

(Reuters) – Micron Technology (NASDAQ:MU) said on Monday federal funding and investment tax credits would be necessary to develop its…

China surprises with modest rate cut amid growing yuan risks

(Reuters) -China cut its one-year benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate credit…

Dow Jones, Nasdaq, S&P 500 weekly preview: All eyes on Nvidia and Powell

S&P 500 (SPX) fell 2.1% last week to mark the third consecutive week of selling. The index now trades about…

Nikola down in premarket after announcing $325M offering

Shares of Nikola Corp (NASDAQ:NKLA) traded down as much as 15% in premarket Monday after the electric vehicle maker announced…

US auto safety agency probes 2022 Ford Mach-E EV recall

(Reuters) -U.S. auto safety regulators said on Monday that they are investigating whether Ford Motor (NYSE:F)’s 2022 recall of nearly…

Wall Street analysts take opposite views on Insulet following share price decline

Citi raised Insulet (NASDAQ:PODD) Buy from Neutral in a note Monday, while Baird took the opposite approach and downgraded the…

Continental considering sale of ContiTech’s car division – manager magazine

(Reuters) – German auto parts supplier Continental is considering the sale of the car division bundled within ContiTech, manager magazine…