May 11, 2023
Stocks, yields fall after data seen halting more Fed rate hikes

By Herbert Lash NEW YORK (Reuters) -A gauge of global stock performance slid on Thursday after U.S. jobless claims and a modest rise in producer prices suggested a slowing economy, which also pushed Treasury yields lower as it could allow…

May 10, 2023
Musk says Twitter to soon allow calls, encrypted messaging

(Reuters) - Twitter Inc Chief Executive Elon Musk on Tuesday revealed details about new features including adding calls and encrypted messaging coming to the platform. Last year, Musk flagged plans for "Twitter 2.0 The Everything App", which he said would…

May 08, 2023
Twitter beats two lawsuits stemming from mass layoffs, for now

By Daniel Wiessner (Reuters) -A California federal judge on Monday dismissed a proposed class action accusing Twitter Inc of targeting female employees for layoffs after Elon Musk acquired the company last year, but said plaintiffs would be allowed to amend…

May 08, 2023
China and U.S. see need to stabilise relations

BEIJING (Reuters) -China's Foreign Minister Qin Gang said on Monday it is imperative to stabilise Sino-U.S. relations after a series of "erroneous words and deeds" threw ties back into a deep freeze. Qin, in a meeting in Beijing with U.S.…

May 05, 2023
Dow has best day since Jan. 6 after Apple rally, jobs data

By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks rallied on Friday, with the Dow posting its biggest one-day percentage gain since Jan. 6, as shares of Apple surged more than 4% after upbeat results and U.S. jobs data pointed…