Wall Street ends down, investors step back after Fitch US rating cut
By David French (Reuters) -Wall Street finished lower on Wednesday, with the S&P 500…
Day: August 2, 2023
Fitch cuts US credit rating to AA+; Treasury calls it…
By Davide Barbuscia (Reuters) - Rating agency Fitch on Tuesday downgraded the U.S.…
DoorDash lifts core profit target for second time on higher orders
By Granth Vanaik (Reuters) -DoorDash raised its annual core profit forecast for a second…
The Next AI Chip Giant?
AMD Contemplates Chinese AI Chip to Take on Nvidia and Intel China remains an important…
Oil settle lower despite record US crude stock drawdown
By Laura Sanicola (Reuters) -Oil prices settled down 2% on Wednesday despite a historic…
Dollar shrugs off Fitch’s U.S. downgrade, advances on strong…
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on…
US regulator warns brokers to bolster anti money-laundering efforts
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission (SEC) has warned some…
Bausch + Lomb’s Saunders doesn’t expect more big deals in…
By Elissa Welle (Reuters) -Eye care firm Bausch + Lomb does not expect to do another big…
U.S. housing availability rate slips in second quarter
By Safiyah Riddle (Reuters) - U.S. housing vacancy rates edged lower in the second…
RB Global replaces CEO after dispute over compensation
By Svea Herbst-Bayliss and Pratyush Thakur (Reuters) -Industrial equipment auctioneer RB…
U.S. fast-food chains add automation to boost speed
By Kailyn Rhone (Reuters) - From robotic grills to faster blenders with custom ice and…
