Category Archives:
Trading Day: Lift off for stocks and bonds
By Jamie McGeever ORLANDO, Florida, May 20 (Reuters) - Stocks rallied while oil and bond yields tumbled on Wednesday, on growing hopes that a U.S.-Iran peace deal could be imminent, and shares in chip...
Thomson Reuters 36m ago
Suspect in Washington shooting and house explosion to stay in jail
PEKIN, Ill. - The Washington man accused of shooting at police and causing a house explosion on Mother's Day morning has volunteered to stay in jail. 39-year-old Scott Benway was back in court on Wedn...
TJ Carson 38m ago
US oil and gas auction for New Mexico leases draws record $4 billion in bids
May 20 (Reuters) - A Trump administration sale of oil and gas drilling rights on federal lands in New Mexico and Texas generated $4 billion in winning bids, the Interior Department said on Wednesday. ...
Thomson Reuters 48m ago
Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO
By Echo Wang and Manya Saini May 20 (Reuters) - SpaceX took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, with even lar...
Thomson Reuters 50m ago
NextEra to buy Quantum-backed energy firm Caliber, set up US shale JV, sources say
By Shariq Khan NEW YORK, May 20 (Reuters) - NextEra Energy has agreed to buy U.S. oil and gas investment firm Caliber Resource Partners for $1.3 billion and has separately set up a joint venture with ...
Thomson Reuters 49m ago
Marker mix-up honoring two central Illinois Civil War veterans corrected
WASHINGTON, Ill. - A nine-decade error in a pair of central Illinois cemeteries has now been corrected. A ceremony took place Wednesday morning at Glendale Cemetery in Washington to honor two Civil Wa...
TJ Carson 1h ago
Nvidia forecasts revenue above estimates, announces $80 billion share buyback
By Zaheer Kachwala, Stephen Nellis and Max A. Cherney May 20 (Reuters) - Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday and announced an $80 billion share repurchas...
Thomson Reuters 1h ago
Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war
By Arriana McLymore and Neil J Kanatt May 20 (Reuters) - Elf Beauty on Wednesday forecast annual sales and profit below analysts' expectations, and said surging oil prices tied to the Iran war could h...
Thomson Reuters 1h ago
Intuit misses quarterly revenue estimates, announces plans to cut 17% of workforce
May 20 (Reuters) - TurboTax parent Intuit missed quarterly revenue estimates on Wednesday and said it would cut 17% of its full-time workforce, sending its shares down 10% in extended trading amid lin...
Thomson Reuters 1h ago
Fed proposes to establish limited payment accounts
By Pete Schroeder WASHINGTON, May 20 (Reuters) - The U.S. Federal Reserve proposed Wednesday adopting a new, more limited form of a payment account that would allow firms like fintechs the ability to ...
Thomson Reuters 1h ago




