Ryan Cohen’s $60 Million Bed Bath U-Turn Triggers Meme Stock Investor Ire

An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, US, Jan. 29, 2021. REUTERS/Emily Elconin Register now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Investors flooded social media platforms like Reddit on Friday criticizing Ryan Cohen’s sale of his stake in Bed Bath & Beyond Inc (BBBY.O), … Read more

Sudden crypto drop sends bitcoin to three-week low

Representations of cryptocurrencies can be seen in this illustration, Aug 10, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug. 19 (Reuters) – Cryptocurrencies fell sharply on Friday, with sudden sales dragging bitcoin to a three-week low. Bitcoin dropped a whopping 7.7% to $21,404, around 0640 GMT, in a matter … Read more

US seeks information from Tesla about camera in car in Autopilot probe

WASHINGTON, Aug. 18 (Reuters) – U.S. auto safety regulators on Thursday asked Tesla Inc (TSLA.O) to answer questions about the in-car camera intended to monitor driver consciousness as part of an investigation into 830,000 Tesla vehicles using advanced driver assistance system called Autopilot. The National Highway Traffic Safety Administration (NHTSA) is assessing Autopilot’s performance after … Read more

Musk targets ad tech companies in Twitter deal over takeover deal

Elon Musk’s photo, Twitter logos, and US dollar bills can be seen in this illustration, Aug. 10, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 18 (Reuters) – Billionaire entrepreneur Elon Musk, who is trying to walk away from his deal to acquire Twitter Inc (TWTR.N), is seeking documents from … Read more

Violent storm kills six in Corsica as island raises new warning

PARIS, Aug. 18 (Reuters) – A violent and unexpected storm ravaged the French Mediterranean island of Corsica on Thursday, killing at least six people, including a teenage girl, and meteorologists forecasting more bad weather to come. Hail, heavy rain and winds peaking at 224 kph (140 mph) swept the island early in the day. Two … Read more

Bluebird’s $2.8M Gene Therapy Becomes Most Expensive Drug After U.S. Approval

Signage is on display outside the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, US, Aug. 29, 2020. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 17 (Reuters) – The U.S. Food and Drug Administration on Wednesday approved bluebird bios (BLUE.O) gene therapy for patients with a rare … Read more

Fed minutes show more rate hikes to come, but pace may slow

The Federal Reserve Board building on Constitution Avenue is pictured in Washington, US, March 27, 2019. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug. 17 (Reuters) – Federal Reserve officials saw “little evidence” late last month that inflationary pressures in the US were easing, stealing themselves to force the … Read more

Germany, Israel Condemn Palestinian President’s Holocaust Remarks

German Chancellor Olaf Scholz and Palestinian President Mahmoud Abbas attend a press conference in Berlin, Germany, Aug. 16, 2022. REUTERS/Lisi Niesner Register now for FREE unlimited access to Reuters.com Register Outrage At Abbas Claims Israel Guilty Of ’50 Holocausts’ German Chancellor, Israeli Prime Minister Lead Conviction In response, Abbas calls Holocaust ‘most heinous crime’ Germany … Read more

China sends troops to Russia for exercise ‘Vostok’

Members of the Chinese team operate with their Type 96A tank during the Tank Biathlon competition at the International Army Games 2022 in Alabino, outside Moscow, Russia, August 16, 2022. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register BEIJING, Aug. 17 (Reuters) – Chinese troops will travel to Russia to participate in … Read more

Dow, S&P 500 Rise As Walmart’s Positive Results, Others Stimulate Optimism

Walmart sees smaller profit drop this year Home Depot exceeds sales estimates US Treasury yields rise Indices: Dow up 0.7%, S&P 500 up 0.2%, Nasdaq down 0.2% NEW YORK, Aug. 16 (Reuters) – The Dow and S&P 500 rose Tuesday as stronger-than-expected results and outlook from Walmart and Home Depot bolstered consumer health views, while … Read more