Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles
By Arunima Kumar BENGALURU (Reuters) - Oil prices climbed around $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in...
Oil prices jump on elevated Middle East tensions, larger draw in US inventories
Investing.com-- Oil prices rose sharply Wednesday as rising Middle East increased the potential for major disruptions to global supplies and a larger decline in U.S....
US farm agency to provide discrimination payments to 43,000 farmers
By Leah Douglas (Reuters) -The U.S. Department of Agriculture said on Wednesday it has issued $2 billion of financial assistance to more than 43,000 farmers,...
Casino open to selling stake in GPA as Brazil retailer no longer strategic
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New Boeing boss Kelly Ortberg brings engineering background, aerospace roots
By Allison Lampert (Reuters) - Kelly Ortberg, the former Rockwell Collins (NYSE:COL) boss coming out of retirement to take the reins of Boeing (NYSE:BA), is...
Microsoft just delivered a validation moment for AI: Wedbush
In a recent note, Wedbush analysts expressed strong confidence in Microsoft's (NASDAQ:MSFT) latest performance, particularly emphasizing the significance of the company's "validation moment for AI."...
UBS sues Bank of America for $200 million over crisis-era mortgage costs
By Jonathan Stempel NEW YORK (Reuters) - UBS sued Bank of America for $200 million on Wednesday, saying the second-largest U.S. bank refused to cover...
BorgWarner’s second-quarter profit beats on auto parts demand
(Reuters) - BorgWarner (NYSE:BWA) beat Wall Street expectations for second-quarter profit and raised its annual earnings forecast on Wednesday as the auto parts supplier benefited...
Earnings call: Crane Company reports strong Q2 growth, raises guidance
Crane Company (NYSE: NYSE:CR), during its second quarter 2024 earnings call, announced robust financial results and raised its full-year guidance, reflecting strong performance across multiple...
Nasdaq, S&P 500 ride chip-stock wave before Fed verdict; Microsoft slips
By Ankika Biswas and Johann M Cherian (Reuters) - The Nasdaq and the S&P 500 rose more than 1% each on Wednesday after a bullish...