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Steelmaker Nucor halts some production after cyber security incident
Market Updates

Steelmaker Nucor halts some production after cyber security incident

(Reuters) -Steelmaker Nucor said on Wednesday it had halted certain production at various locations after identifying a cyber security incident that involved unauthorized third-party access to certain...

  • May 14, 2025 03:56 AM PDT
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Tech Fuels Stock Rebound. Why the AI Bounce Is Different This Time.
Market Updates

Tech Fuels Stock Rebound. Why the AI Bounce Is Different This Time.

Trump’s Middle East trip, April inflation data cools, UnitedHealth CEO steps down, and more news to start your day. Continue Reading View Comments

  • May 14, 2025 03:47 AM PDT
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Telefonica Swings to Net Loss After Sale of Latin America Operations
Market Updates

Telefonica Swings to Net Loss After Sale of Latin America Operations

The swing reflected the sale of Argentine and Peruvian assets along with currency headwinds. The company said it was on track to meet its full-year guidance. Continue Reading View Comments

  • May 14, 2025 03:26 AM PDT
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Burberry to Cut 1,700 Jobs on Persisting Luxury Demand Downturn
Market Updates

Burberry to Cut 1,700 Jobs on Persisting Luxury Demand Downturn

The British label said it is continuing with restructuring as part of a wider spending downturn that is plaguing the luxury sector. Continue Reading View Comments

  • May 14, 2025 03:21 AM PDT
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Dealings in Securities by an Executive Director and Executive Officer of AngloGold Ashanti plc
Market Updates

Dealings in Securities by an Executive Director and Executive Officer of AngloGold Ashanti plc

LONDON & DENVER & JOHANNESBURG, May 14, 2025--(BUSINESS WIRE)--AngloGold Ashanti plc (the "Company") (NYSE: AU; JSE: ANG) announces that an Executive Director, Alberto Calderon, and an Executive Offic...

  • May 14, 2025 03:08 AM PDT
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401(k) Giant to Allow Private Markets Investments in Its Retirement Portfolios
Market Updates

401(k) Giant to Allow Private Markets Investments in Its Retirement Portfolios

Wall Street firms are trying to put private credit, equity and real estate into the hands of individual investors. Continue Reading View Comments

  • May 14, 2025 03:00 AM PDT
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Sinopec Sets New Vertical Well Depth Record of 5,300 Meters
Market Updates

Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

BEIJING, May 14, 2025 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has announced a major shale gas exploration breakthrough of its Project Deep Earth - Sichuan and Cho...

  • May 14, 2025 02:53 AM PDT
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Alphabet's Waymo recalls over 1,200 vehicles after collisions with roadway barriers
Market Updates

Alphabet's Waymo recalls over 1,200 vehicles after collisions with roadway barriers

(Reuters) - Alphabet's self-driving unit, Waymo, is recalling 1,212 vehicles after some cars collided with roadway barriers due to a fault in how the vehicle detected or responded to the objects, the...

  • May 14, 2025 02:34 AM PDT
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Why UnitedHealth’s Blowup May Be More Isolated Than Investors Think
Market Updates

Why UnitedHealth’s Blowup May Be More Isolated Than Investors Think

Surging medical costs and regulatory changes hit UnitedHealth, but rivals such as Humana and CVS look better positioned. Continue Reading View Comments

  • May 14, 2025 02:30 AM PDT
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