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Economy

Factbox-US stock performance on dates of presidential inaugurations

January 17, 2025
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors will closely monitor stock markets on Tuesday, the day after Donald Trump is…
Economy

Displaced Los Angeles homeowners face price gouging after wildfires

January 17, 2025
By Dawn Chmielewski LOS ANGELES (Reuters) – Jay Gilberg bought a five-bedroom, 4,800-square-foot (446-sq-meter) home in the Los Angeles neighborhood of Pacific…
Stock

Amazon stock target raised at BMO on strong AWS outlook

January 17, 2025
Investing.com — BMO Capital raised its target for Amazon (NASDAQ:AMZN) to $265 from $236 in a note Friday, citing a robust outlook for…
Stock

Sweden’s Saab posts higher-than-expected organic sales growth for 2024

January 17, 2025
COPENHAGEN (Reuters) – Swedish defence equipment maker Saab said on Friday it expected an organic sales growth of 23.4% for the full…
Stock

US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs

January 17, 2025
(Reuters) – The U.S. auto safety regulator closed its probe into 6,971 Fisker (OTC:FSRNQ) Ocean SUVs on Friday over inadvertent activation of…
Stock

NHTSA opens preliminary probe into more than 870,000 GM vehicles

January 17, 2025
(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it was opening a preliminary probe into 877,710 vehicles manufactured…
Stock

Citadel Securities seeks to establish brokerage in China

January 17, 2025
Investing.com — Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a…
Investing

Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

January 16, 2025
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about…
Investing

There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

January 16, 2025
The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in…
Investing

Disney wins the 2024 box office as year-end receipts offer a welcome boost

January 16, 2025
Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down…
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