Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips
(Reuters) – Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom (NASDAQ:AVGO) Inc to use…
S&P 500 seen dipping between now and year-end: Reuters poll
(Reuters) – The S&P 500 index of U.S. shares will slip marginally between now and year-end as past interest rate hikes, troubled…
Lowe’s reinforces wavering home improvement demand with forecast cuts
(Reuters) – Lowe’s Cos Inc cut its annual sales and profit forecasts on Tuesday, joining larger rival Home Depot (NYSE:HD)…
Lordstown opts for reverse stock split to meet Nasdaq rules, placate Foxconn
(Reuters) – Lordstown Motors Corp on Tuesday announced a reverse stock split to meet Nasdaq listing norms and appease investor…
Ford explores cost management at its Capital Markets Day
Ford (NYSE:F) held their Capital Markets Day on Monday in Dearborn, Michigan where the company focused on the steps they…
Yelp jumps as activist investor seeks sale or merger with Angi
(Reuters) – Activist investor TCS Capital Management on Tuesday urged Yelp (NYSE:YELP) Inc to either explore a sale or a…
Private equity firm GTCR amasses $11.5 billion in record fundraise
(Reuters) – Private equity firm GTCR LLC has raised its largest fund ever, collecting $11.5 billion from investors to acquire…
EU seeks top court backing in $14 billion tax fight against Apple
(Reuters) – EU competition regulators appealed to the bloc’s highest court on Tuesday to override a lower tribunal and make…
Dollar inches higher on Fed rate expectations, hits 6-month peak vs yen
(Reuters) – The U.S. dollar inched higher for a second day on Tuesday – touching a six-month peak against Japan’s…
FTSE 100 largely unchanged; BT Group gains after stake increase
U.K. stock markets traded in a mixed fashion Tuesday in a cautious mood as investors digested the lack of an…