Carvana stock surges 30% after it reaches a massive debt reduction deal
Shares of Carvana, the online used-car seller known for its tall, glass car-vending machines, surged by more than 30% in early trading Wednesday after the company reached a debt restructuring agreement.
2023-07-19 22:50
Analysis-French backlash scuppers appointment of US economist for EU Big Tech regulation
By Foo Yun Chee BRUSSELS A French-led backlash led to a U.S. economist withdrawing from a top European
2023-07-19 22:49
Judge denies Trump's request for a new trial in E. Jean Carroll case
A federal judge has denied Donald Trump's request for a new trial in the E. Jean Carroll case -- finding the jury who found that the former president sexually abused and defamed Carroll did not reach a "seriously erroneous result."
2023-07-19 22:45
Tesla to expand Europe's biggest car plant, cell production
By Victoria Waldersee BERLIN (Reuters) -Tesla is planning sweeping changes to its factory near Berlin, including extensions to its battery
2023-07-19 22:29
The Russians Didn't Just Use Pencils in Space
A longstanding urban legend goes like this: During the space race of the 1960s, NASA spent millions developing a fancy "space pen" that could be used in zero gravity ... but the Soviets just used a pencil. This story resonates with us because NASA did act
2023-07-19 22:28
Distressed US Offices Jump to $24.8 Billion, Overtaking Malls
About $24.8 billion of US office buildings were in distress at the end of the second quarter, surpassing
2023-07-19 22:28
What is a war crime and could Putin be prosecuted over Ukraine?
The ICC wants President Vladimir Putin arrested for war crimes, but South Africa may not cooperate.
2023-07-19 22:17
Gucci CEO to step down as parent company chases the global luxury boom
The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury goods.
2023-07-19 21:52
Europe Gas Swings as Heat Risks Overshadow Ample Fuel Supplies
European natural gas prices fluctuated between gains and losses on Wednesday as traders weighed rising storage levels and
2023-07-19 21:25
Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:19
US single-family housing starts fall in June; permits increase
WASHINGTON U.S. single-family homebuilding fell in June after surging in the prior month, but permits for future construction
2023-07-19 20:57
Activision, Microsoft extend deadline to close $69 billion deal to Oct. 18
(Reuters) -Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion takeover by
2023-07-19 20:56