S&P 500, Nasdaq end higher in choppy session as inflation data looms

S&P 500, Nasdaq end higher in choppy session as inflation data looms

All eyes on US CPI data on Wednesday Peloton falls as CEO says business “thinly capitalized” Indexes: Dow down 0.3%, S&P 500 up 0.3%, Nasdaq up 1% NEW YORK, May 10 (Reuters) – The S&P 500 and Nasdaq ended higher on Tuesday, with big growth shares rising after the previous day’s selloff as Treasury yields … Read more

Musk says he would reverse Twitter ban on Donald Trump

Musk says he would reverse Twitter ban on Donald Trump

May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc … Read more

Facebook Makes Changes to Respond to Slowing Growth

Facebook Makes Changes to Respond to Slowing Growth

Facebook (FB) – Get Meta Platforms Inc. Class A Report is preparing for difficult days ahead. The social media giant has just taken steps to reduce its costs in anticipation of the slowdown in growth predicted by many economists. The firm, which renamed itself Meta Platforms last October, has just decided to change its hiring … Read more

Elon Musk Fears for His Life After Russian Threats

Elon Musk Fears for His Life After Russian Threats

You’re here (TSLA) – Get Tesla Inc Report CEO Elon Musk has never been afraid to confront his opponents publicly. From his Silicon Valley peers like recently Bill Gates, the co-founder of software giant Microsoft (MSFT) – Get Microsoft Corporation Report, to President Joe Biden, the richest man in the world fears no one. It’s … Read more

South Korea hunts tungsten treasure in race for rare minerals

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen … Read more

Cool ‘space jellyfish’ seen at night after SpaceX launch

Cool 'space jellyfish' seen at night after SpaceX launch

A SpaceX launch left a wild phenomenon in the sky as the Falcon 9 rocket traveled to space at break-neck speeds. Clear weather conditions and early morning sun rays lit up the rocket’s exhaust plume creating a “space jellyfish”. On average, Elon Musk and SpaceX will launch a rocket once a week this year. This … Read more

Cool ‘space jellyfish’ seen at night after SpaceX launch

Cool 'space jellyfish' seen at night after SpaceX launch

A SpaceX launch left a wild phenomenon in the sky as the Falcon 9 rocket traveled to space at break-neck speeds. Clear weather conditions and early morning sun rays lit up the rocket’s exhaust plume creating a “space jellyfish”. On average, Elon Musk and SpaceX will launch a rocket once a week this year. This … Read more

Yelp, other companies take stance on abortion rights with travel benefit

Yelp, other companies take stance on abortion rights with travel benefit

May 6 (Reuters) – Yelp Inc, Amazon.com, and Citigroup are among a small but growing number of companies rolling out policies to cover costs for American employees who need to travel out of state for an abortion. Yelp Inc (YELP.N) was one of the first to offer support for its employees who might need to … Read more

Exclusive: U.S. regulators are in China for audit deal talks

Exclusive: U.S. regulators are in China for audit deal talks

Chinese and US flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 6 (Reuters) – US regulatory officials have arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of US-listed Chinese … Read more

Man accused of tackling comic Dave Chappelle on stage is charged with assault

Man accused of tackling comic Dave Chappelle on stage is charged with assault

LOS ANGELES, May 4 (Reuters) – The man accused of tackling comedian Dave Chappelle to the stage floor during a performance at the Hollywood Bowl in Los Angeles was charged on Wednesday with felony assault with a deadly weapon. The attack on Chappelle, 48, occurred Tuesday night during a sold-out appearance by the Emmy-winning entertainer … Read more