Ford asks suppliers to cut costs in push to turn EV business profitable, memo says
By Abhirup Roy and Nora Eckert (Reuters) - Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attem...
5h ago
Cannabis stocks rally after DOJ proposal to reclassify marijuana
NEW YORK (Reuters) - Cannabis stocks including Tilray, Curaleaf, and the AdvisorShares Pure US Cannabis ETF rallied on Thursd...
6h ago
JPMorgan investors weigh CEO Dimon's strategy, succession after record year
By Nupur Anand NEW YORK (Reuters) - With JPMorgan Chase coming off a year of record profits, investors are eager to learn abo...
6h ago
Dow tops 40,000, Biden trolls Trump in split-screen video
WASHINGTON (Reuters) - The Dow topped 40,000 for the first time on Thursday in an all-time high, giving U.S. President Joe Bi...
6h ago
China's BYD postpones plans for 2025 Chile lithium cathode plant
(This May 14 story is being republished with no changes to text) MEXICO CITY (Reuters) - Chinese carmaker BYD Co has postpone...
7h ago
Analysis-Walmart's strong forecast signals a resilient consumer
By Siddharth Cavale and Aishwarya Venugopal (Reuters) - A positive forecast from retail bellwether Walmart on Thursday signal...
8h ago
Boeing supplier Spirit AeroSystems to lay off employees, spokesman says
(Reuters) - Spirit AeroSystems is laying off several hundred members of its workforce in Wichita, Kan., according to a media ...
8h ago
Brazil's government hikes 2024 GDP forecast, sees higher inflation
BRASILIA (Reuters) - Brazil's Finance Ministry on Thursday hiked its projection for the country's economic growth this year b...
9h ago
Fed remains cautious on cuts even as data improves
By Howard Schneider WASHINGTON (Reuters) - Data this week offered the U.S. Federal Reserve good news on two fronts but policy...
9h ago
Anglo American has sought fertiliser partners for months, says CEO
By Clara Denina and Felix Njini LONDON (Reuters) - Anglo American has been looking for partners for its fertiliser project in...
9h ago