Aug 28, 2023
Take Five: Farewell to a bruising August

(Reuters) -Bruised bond market investors will seek some solace from U.S. jobs data and European inflation numbers out in the week to come, while China is battling to shore up its markets and economy, and the outlook for grains is…

Aug 24, 2023
China quietly recruits overseas chip talent as US tightens curbs

By Julie Zhu, Fanny Potkin, Eduardo Baptista and Michael Martina HONG KONG/SINGAPORE/WASHINGTON (Reuters) - For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests…

Aug 24, 2023
Payouts expected from Elon Musk’s SEC settlement

By Jonathan Stempel NEW YORK (Reuters) - Investors who lost money when Elon Musk tweeted about taking his electric car company Tesla private may soon collect from a $42.3 million fund set up when Musk settled federal securities fraud charges.…

Aug 23, 2023
Marketmind: ‘Flash’ business funk and AI buzz

A look at the day ahead in U.S. and global markets from Mike Dolan A combination of worrying August business soundings from Europe and market buzz about chipmaker Nvidia's earnings later on Wednesday set world stocks on course for a…

Aug 21, 2023
Majority of small businesses believe US is in recession

By Safiyah Riddle (Reuters) - More than half of U.S. small business owners believe the economy is already in a recession, marking a slight decrease between July and April, despite most firms reporting their own financial condition was strong, a…

Aug 21, 2023
US auto safety agency probes 2022 Ford Mach-E EV recall

By David Shepardson (Reuters) -U.S. auto safety regulators said on Monday that they are investigating whether Ford Motor's 2022 recall of nearly 49,000 Ford Mustang Mach-E electric vehicles adequately addressed concerns and whether it should be expanded to more vehicles.…