By Samuel Indyk LONDON (Reuters) – Investors poured money into cash and bonds in the week to Wednesday, according to data from BofA Global Research, ahead of next week’s pivotal central bank meetings from the Federal Reserve, European Central Bank and the Bank of Japan. Cash funds saw $70.6 billion of inflows, BofA said, citing […]

By Lewis Krauskopf NEW YORK (Reuters) – Worries that have dogged U.S. stocks for months are fading, pushing some Wall Street firms to raise their outlooks for equities and beckoning investors who have remained on the sidelines. Signs of strength in the economy, relief over a deal to raise the U.S. debt ceiling and an […]

By Brenda Goh and Joe Cash SHANGHAI/BEIJING (Reuters) – A veritable parade of overseas CEOs including Tesla’s Elon Musk and Goldman Sachs’ David Solomon have made their way to a reopened China in the last few months. One notable common strand: they’ve not talked much in public about their trips which have mostly consisted of […]

By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said on Tuesday it is expanding and issuing a new recall for 125,000 sport utility vehicles and trucks because engine failures may cause a fire. The recall covers various Escape and Lincoln Corsair SUVs and Maverick compact pickup trucks from the 2020-2023 model years with 2.5L hybrid […]

By Zeba Siddiqui SAN FRANCISCO (Reuters) – Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer, U.S. security researchers said on Thursday, one day after the maker of the software disclosed that a security flaw had been discovered. Software maker Progress Software Corp, after […]

By Abhirup Roy SAN FRANCISCO (Reuters) -Electric truck maker Nikola Corp may execute a reverse stock split if its stock does not comply with Nasdaq’s minimum bid price requirements within a certain period, its chief executive Michael Lohscheller said on Thursday. Nikola, which closed at about 57 cents on Thursday as it battles mounting losses, […]

By Savyata Mishra (Reuters) -Dollar General Corp cut its sales and profit forecasts for the year on Thursday as Americans, pinched by higher prices, shopped more for essentials and pared back purchases in categories including home goods and clothes, leading its shares down as much as 20%. The discount store chain saw traffic to its […]

HONG KONG (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon on Wednesday warned “uncertainty” caused by the Chinese government could hurt investor confidence at home and abroad, and said the U.S. and China need “real engagement” on security and trade issues. Dimon is on his first visit to China since the beginning of the […]