By Utkarsh Hathi and Ragini MathurLatin American stocks and currencies rose broadly on Thursday, as softer-than-expected U.S. jobs data weakened the dollar and eased pressure on risk-sensitive emerging-market assets, while investors tracked regional political and trade developments.MSCI's Latin…
By Saqib Iqbal Ahmed and Laura MatthewsA tepid June jobs report offers relief for U.S. equities just as investors had begun to worry that excessive labor market strength might force the Federal Reserve to turn more hawkish in its fight against inflation, hobbling highflying tech stocks that have dr…
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By Dan Rosenzweig-ZiffDonald Trump Jr. helped take an online retailer known as the “Amazon of guns” public last year. Now, GrabAGun, where the U.S. president's son is a shareholder and board member, could reap a windfall from a proposed rule change at Trump's Bureau of Alcohol, Tobacco, Firearms an…
By Jacob BogageIndividuals and corporations will be able to donate shares of stock to “Trump accounts,” the government-backed newborn investment accounts created as part of President Donald Trump’s landmark tax and immigration law, officials said Thursday.The accounts are set to formally launch on…
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GENUINE PARTS IS SAID TO RECEIVE O’REILLY INTEREST FOR AUTO UNIT - BLOOMBERG NEWSGENUINE PARTS AUTO UNIT COULD BE VALUED AT $10 BILLION OR MORE IN ANY DEAL - BLOOMBERG NEWS
By Fergal SmithThe Canadian dollar strengthened to a 10-day high against its U.S. counterpart on Thursday as U.S. employment data weighed on the greenback and after domestic data showed further growth in the manufacturing sector.The loonie FX_IDC:USDCAD was trading 0.3% higher at 1.4175 per U.S. do…
Tesla NASDAQ:TSLA on Thursday launched a six-seater long wheelbase version of its best-selling Model Y SUV in the U.S., aiming to boost sales of its electric vehicles after the removal of a key tax credit.The launch version is priced at $61,990, according to Tesla's website.Instead of launching new…
By Andrew GoudswardA former U.S. Olympic canoeist has been indicted on a charge of felony destruction of property for allegedly vandalizing the newly renovated Lincoln Memorial Reflecting Pool in Washington, court records showed on Thursday.The indictment accuses David Hearn, 67, of "maliciously" b…
By Amanda StephensonThe province of British Columbia announced a deal with Canada's federal government on Thursday that maintains the federal ban on oil tankers along the country's northwest coast, but appears to open the door to neighboring Alberta's proposal for a new crude oil pipeline if a diff…
Chicago Board of Trade corn futures settled up slightly after chopping back and forth on Thursday as U.S. Midwest weather looked favorable next week and traders adjusted positions ahead of the U.S. Independence Day holiday weekend. But they were still underpinned by U.S. Department of Agriculture d…
By Karen Brettell and Harry RobertsonThe dollar fell sharply on Thursday after the closely watched June employment report showed U.S. employers added far fewer jobs than expected, while the Japanese yen surged as traders braced for possible intervention by Japanese authorities.Employers added 57,00…
Argentina's wheat planting accelerated over the past week as mostly dry weather improved field conditions across key agricultural regions, the Buenos Aires Grains Exchange said on Thursday.
ELEVENLABS IN TALKS FOR TENDER OFFER AT $22 BILLION VALUATION - BLOOMBERG NEWS
By Joey RouletteAmazon NASDAQ:AMZN expects to roll out initial internet service with its Leo broadband satellite network later this year after the company's latest launch put the orbiting constellation's satellite count over 390, a company executive said on Thursday.Amazon's latest batch of 29 sate…
By Rodrigo CamposA gauge of stocks across the world dipped on Thursday, weighed down by semiconductor shares, while the dollar fell as weak U.S. payrolls data eased bets that the U.S. Federal Reserve will raise interest rates by the end of the year.A U.S. index of semiconductor shares NASDAQ:SOX dr…
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By Diana Novak JonesA jury in St. Louis on Thursday rejected claims that Reckitt LSE:RKT unit Mead Johnson's specialized formula for preterm babies was to blame for causing an infant's dangerous bowel disease.The Missouri state court jury sided with Mead Johnson in a lawsuit brought by an Illinois…
A Delaware judge on Thursday said JPMorgan Chase NYSE:JPM must continue paying the legal bills of Charlie Javice, the former finance executive convicted of defrauding the bank, after JPMorgan racked up what it called an "astronomical" amount of expenses.Magistrate Judge Christian Wright of the Dela…
