(Reuters) – Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to…
Month: January 2025
Boeing, DOJ tell US judge they have not reached agreement on revised plea deal
WASHINGTON (Reuters) – The U.S. Justice Department and Boeing told a court on Friday they have not reached agreement on…
Microsoft plans to spend $80 billion on AI-enabled data centers in fiscal 2025
(Reuters) -Microsoft is planning to spend about $80 billion in fiscal 2025 to build data centers to train artificial intelligence…
Wells Fargo says ‘dominant pick’ Citi’s stock could double in three years
By Manya Saini and Niket Nishant (Reuters) -Citigroup’s stock could double in value over the next three years as profits…
US hits JetBlue with $2 million penalty over chronic flight delays
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department imposed a $2 million penalty on JetBlue Airways for operating four…
US jobs report poses first big stocks test of 2025
By Lewis Krauskopf NEW YORK (Reuters) – The stock market faces its first major test of the year in the…
SpaceX’s Starship to deploy mock satellites in next test
By Joey Roulette WASHINGTON (Reuters) -Elon Musk’s SpaceX said on Friday its upcoming Starship test flight would include the rocket’s…
European drinks group skid after US surgeon general calls for cancer warnings
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer…
Musk donated $108 million in Tesla shares to unnamed charities, filing shows
(Reuters) – Tesla chief executive Elon Musk donated 268,000 Tesla shares to unnamed charities just before the new year, according…
US crypto industry eyes possible day-one Trump executive orders
(This Dec. 23 story has been corrected to fix the spelling of ‘Jonah Crane’ in paragraphs 15 and 18) By…