News
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Reuters7 minutes ago
Fed governor, CDC director turn to top Washington lawyer in Trump fights
Reuters11 minutes ago
Nike To Lay Off About 1% Of Corporate Staff In Its Latest Effort To Refocus Business- CNBC
Reuters12 minutes ago
Nike to cut about 1% of corporate staff amid turnaround effort, CNBC reports
Reuters13 minutes ago
GLOBAL MARKETS-US stock indexes mostly edge higher but Nvidia shares slip; dollar weakens
Reuters14 minutes ago
Fed Governor Cook sues Trump over his attempt to fire her
Reuters14 minutes ago
INSIGHT-The 'land swap' that wasn't: Inside Trump's frantic dash for Ukraine peace
Other
Fed governor, CDC director turn to top Washington lawyer in Trump fights
Abbe Lowell's clients have included Hunter Biden, Ivanka TrumpCook has sued over Trump's attempt to fire herLowell launched new firm to defend officials in Trump's line of fireBy Mike Scarcella Aug 28 (Reuters) - A prominent Washington lawyer who launched a new firm this year to r...Reuters
7 minutes ago
Other
Nike to cut about 1% of corporate staff amid turnaround effort, CNBC reports
Aug 28 (Reuters) - Nike NKE.N is planning on cutting about 1% of its corporate workforce as the footwear giant works towards a turnaround under CEO Elliott Hill, CNBC reported on Thursday, citing a company statement.Reuters
12 minutes ago
Stocks
GLOBAL MARKETS-US stock indexes mostly edge higher but Nvidia shares slip; dollar weakens
Dollar lower as focus turns to Fed policy easingMajor US stock indexes edge upNvidia shares down slightly By Caroline Valetkevitch NEW YORK, Aug 28 (Reuters) - Most major U.S. stock indexes were slightly higher on Thursday even as Nvidia shares slipped amid uncertainty over its China business, wh...Reuters
13 minutes ago
Other
Fed Governor Cook sues Trump over his attempt to fire her
Cook's lawsuit challenges Trump's authority to remove herFed's independence from White House at stakeTrump pressuring US central bank to lower interest ratesCook denies wrongdoingBy Daniel Wiessner Aug 28 (Reuters) - Federal Reserve Governor Lisa Cook filed a lawsuit on Thursday claim...Reuters
14 minutes ago
Other
INSIGHT-The 'land swap' that wasn't: Inside Trump's frantic dash for Ukraine peace
Trump-Putin diplomatic efforts mired in confusion, sources sayWitkoff startled allies with account of Russian offer, they addTrump relies on trusted advisers and instincts in push for peaceBy Gram Slattery, Jonathan Landay and Andreas Rinke WASHINGTON, Aug 28 (Reuters) - Shortly after meeting Vla...Reuters
14 minutes ago
Other
REFILE-Reuters Econ World: Cook fights back
By Leela de Kretser Aug 28 (Reuters) - Lisa Cook is determined to fight back. The Federal Reserve governor has filed a lawsuit claiming the president has no power to fire her. With Abbe Lowell as her attorney, the legal battle is sure to be a blockbuster that could go all the way to the ...Reuters
15 minutes ago
Other
CORRECTED-Fed’s Lisa Cook turns to top Washington lawyer Lowell in Trump fight
Abbe Lowell's clients have included Hunter Biden, Ivanka TrumpLowell says Cook will sue over Trump's attempt to fire herLowell launched new firm to defend officials in Trump's line of fireBy Mike Scarcella Aug 26 (Reuters) - Federal Reserve Governor Lisa Cook, fighting U.S. President ...Reuters
16 minutes ago
Other
Ford South Africa to lay off over 470 workers in car and engine plants
By Nqobile Dludla JOHANNESBURG, Aug 28 (Reuters) - Ford Motor's F.N South African unit plans to lay off more than 470 employees as it seeks to adjust production capacity to match current and future market demands, the South African Solidarity union said on Thursday.Ford has sent an official n...Reuters
18 minutes ago
Other
Intel CFO says chipmaker has received $5.7 billion in outstanding CHIPS Act grants under Trump deal
Aug 28 (Reuters) - Intel INTC.O received the $5.7 billion in outstanding grants from the CHIPS Act that is being converted into the U.S. government's stake in the struggling chipmaker "last night," Chief Financial Officer David Zinsner said at a Deutsche Bank tech conference in Californi...Reuters
18 minutes ago
Other
Europeans launch UN sanctions process against Iran, drawing Tehran ire
Britain, France, Germany send letter to UN Security Council They hope move for 'snapback' of punitive sanctions will push Iran to make commitments to nuclear dealIran accuses European powers of undermining diplomacy and vows it will not bow to pressureTehran has warned of harsh response if s...Reuters
20 minutes ago
Stocks
Nutanix falls as brokerages cut PT after results
** Shares of cloud services company Nutanix NTNX.O fall 8% to $64, hitting a more than four-month low ** J.P.Morgan flags a slowing FY revenue growth, saying it could lead to concerns about fading "tailwinds in relation to the VMware opportunity"** NTNX forecasts FY26 revenue of $2.9 billion...Reuters
24 minutes ago
Other
Tennis-Billie Jean King backs revamped US Open mixed doubles
By Janina Nuno Rios NEW YORK, Aug 28 (Reuters) - Billie Jean King gave her seal of approval to the revamped U.S. Open mixed doubles, singling out Italian back-to-back champions Sara Errani and Andrea Vavassori for embodying the emotion and pride the new format can deliver.Tournament organisers ov...Reuters
25 minutes ago
Stocks
LIVE MARKETS-S&P 500 has been driving to new highs, but how much gas is left in the tank?
Nasdaq up ~0.4%, S&P 500 slightly green, Dow edges positiveComm Svcs leads S&P sector gainers; Healthcare weakest groupEuro STOXX 600 index off ~0.2%Dollar, crude decline; bitcoin, gold gainUS 10-Year Treasury yield dips to ~4.21%Welcome to the home for real-time coverage of markets brought ...Reuters
26 minutes ago
Other
Meta CEO Mark Zuckerberg Visited Trump Late Last Week And Discussed The Threat Of Digital Service Taxes- Bloomberg News
Aug 28 (Reuters) - META CEO MARK ZUCKERBERG VISITED TRUMP LATE LAST WEEK AND DISCUSSED THE THREAT OF DIGITAL SERVICE TAXES- BLOOMBERG NEWSSource: https://tinyurl.com/39edyvp8Reuters
28 minutes ago
Stocks
PRECIOUS-Gold climbs 5-week peak on weaker dollar, Fed independence concerns
US PCE data due on FridaySilver hits over one-month peakFed Governor Cook sues Trump after he attempted to fire herBy Sarah Qureshi and Anushree Mukherjee Aug 28 (Reuters) - Gold prices hit a five-week high on Thursday, supported by a softer dollar and safe-haven flows, due to ongoing concerns ov...Reuters
29 minutes ago
Commodities
Oil ticks lower as end of driving season looms, Druzhba restarts
Crude falls as demand set to ease, supplies to riseRussian oil supplies through Druzhba pipeline restartIndian buying pattern of Russian oil in focusBy Shariq Khan and Alex Lawler NEW YORK/LONDON, Aug 28 (Reuters) - Oil prices edged lower on Thursday, pressured by expectations of lower U.S. fuel ...Reuters
30 minutes ago
