Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Micron shares jump on forecast for quicker recovery in chip demand
(Reuters) - Chipmaker Micron Technology's shares jumped 6.3% before the bell on Thursday after it predicted strong recovery in supply-demand balance for memory and flash storage in 2024. The company's...
Dec 21, 2023
Futures rebound after broad sell-off; Micron shines
(Reuters) - U.S. stock index futures rose on Thursday, recovering from a broad sell-off on Wall Street in the prior session as investors clung on to hopes of borrowing costs easing next year, while ch...
Dec 21, 2023
Austin, we have a problem! Tesla descends into battery hell
By Norihiko Shirouzu and Paul Lienert AUSTIN, Texas (Reuters) - Elon Musk says prototypes are easy, production is hell. And when it comes to the long-awaited Cybertruck, Tesla's hell is its pioneering...
Dec 21, 2023
Dealmakers see rebound after global M&A volumes hit decade-low
By Anirban Sen and Anousha Sakoui NEW YORK (Reuters) - Mergers and acquisitions (M&A) activity fell to its lowest level in ten years globally in 2023, as high interest rates and an economic slowdown w...
Dec 21, 2023
Flight attendants in North America push for landmark changes in new contracts
By Rajesh Kumar Singh and Allison Lampert CHICAGO/MONTREAL (Reuters) - The compensation system for flight attendants in the U.S. and Canada is under attack in new contract negotiations that could lead...
Dec 21, 2023
Colombia’s cannabis industry in crisis over regulatory, political hurdles
By Nelson Bocanegra SUBACHOQUE, Colombia (Reuters) - More than 17 acres of land owned by a Colombian-Canadian company near Bogota were once meant to grow 25 varieties of cannabis, but over the past ye...
Dec 21, 2023
Analysis-Investors see US politics delaying Nippon Steel’s U.S. Steel acquisition
By Anirban Sen (Reuters) - Investors are betting Nippon Steel Corp will take longer to complete its $14.9 billion acquisition of U.S. Steel Corp because opposition from some U.S. lawmakers and labor u...
Dec 21, 2023
Marketmind: Is that it for Christmas cheer?
A look at the day ahead in U.S. and global markets by Alun John. The sharp sell-off in U.S. stocks late on Wednesday jolted those investors who had been sitting back hoping to enjoy the 'everything ra...
Dec 21, 2023
China bans export of rare earths processing technologies
BEIJING (Reuters) - China banned exports of rare earth extraction and separation technology on Thursday, in a move it said was partly aimed at protecting national security. The commerce ministry had s...
Dec 21, 2023
Honda to recall over 2.5 million US vehicles – NHTSA
(Reuters) -Honda Motor's American unit is recalling about 2.5 million vehicles over risks of fuel pump failure that can cause an engine stall while driving and increase the chances of a crash, the Nat...
Dec 21, 2023
