By Akash Sriram and Hyunjoo Jin (Reuters) - Tesla fell for a third day on Wednesday after a closely watched analyst at Morgan Stanley lowered his price target on the stock, saying that electric-vehicle demand was continuing to weaken in…
By Anjana Anil (Reuters) - Gold rallied to a record on Wednesday, building on stellar momentum driven mostly by bets for U.S. monetary easing, while autocatalyst palladium popped back above the $1,000 mark for the first time since Jan. 12.…
By Abigail Summerville NEW YORK (Reuters) - Private equity firms made billions of dollars betting on major U.S. retailers, clothing and accessories and restaurant chains, reshaping the consumer sector from the 1990s to the early 2010s. But over the past…
By Jonathan Stempel NEW YORK (Reuters) - Forty U.S. states and Washington, D.C. called on Meta Platforms to crack down on scammers who hijack Facebook and Instagram accounts, to address a "dramatic" surge in account takeovers. In a letter to…
By Aidan Lewis (Reuters) -The International Monetary Fund (IMF) said on Wednesday it would increase its current loan programme with Egypt by $5 billion, as the central bank let the pound plummet and said it would allow the currency to…
By David Shepardson WASHINGTON (Reuters) -A U.S. House Republican leading a legislative push to force China's ByteDance to divest TikTok in the United States or face a ban says American investors should urge China to allow a sale. Representative Mike…
By Aditya Soni and Abinaya V (Reuters) - OpenAI on Tuesday hit back at Elon Musk's claims that the startup abandoned its original mission with emails that showed the billionaire supported its plan to create a for-profit entity and wanted…
By Nathan Layne and Alexandra Ulmer PALM BEACH, Florida/HUNTINGTON BEACH, California (Reuters) -U.S. President Joe Biden and former President Donald Trump swept to victory in statewide nominating contests across the country on Tuesday, setting up a historic rematch in November's…
By Jonathan Stempel (Reuters) -X, the social media platform owned by Elon Musk, on Tuesday won the dismissal of most of a lawsuit by 17 music publishers that accused it of infringing copyrights on nearly 1,700 songs by letting people…
By Anjana Anil and Ashitha Shivaprasad (Reuters) - Gold scaled a record high on Tuesday, moving further above $2,100 per ounce in a rally sparked by growing bets for a U.S. interest rate cut in June and on safe-haven demand…