By Pranav Kashyap and Medha Singh (Reuters) – Citron Research no longer has a short position in retail traders’ favorite GameStop, the short seller said on X.com on Wednesday, days after taking a bearish position in the company. “It’s not because we believe in a turnaround for the company fundamentals will ever happen, but with…
By Julie Steenhuysen (Reuters) -The Centers for Disease Control and Prevention (CDC) said on Friday that the state of Colorado has reported three presumptive cases of H5 bird flu virus infection in poultry workers. “There are no signs of unexpected increases in flu activity otherwise in Colorado, or in other states affected by H5 bird…
By Jasper Ward WASHINGTON (Reuters) – A New Hampshire man charged with threatening to kidnap and injure Republican presidential candidates last year has been found dead, a U.S. attorney said in a court filing on Thursday. The jury had began their deliberations this week in the trial of Tyler Anderson, who had been accused of…
By Casey Hall and Sophie Yu SHANGHAI (Reuters) -Sales fell for the first time ever at China’s blowout mid-year e-commerce sales festival as consumers remain cautious about spending as the economy sputters, according to third-party data estimates released on Wednesday. Combined gross merchandise volume (GMV), a widely used proxy for e-commerce sales, reached 742.8 billion…
(Reuters) – Palo Alto Networks forecast fourth-quarter billings above Wall Street estimates on Monday, a sign that clients are turning to the cybersecurity firm for its integrated software security tools. The company expects fourth-quarter billings to be between $3.43 billion and $3.48 billion, the mid point of which is slightly above analysts’ average estimate of…
By Jonathan Stempel NEW YORK (Reuters) – Ten large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $465.9 trillion market for interest rate swaps. Lawyers for investors filed a preliminary settlement to end the eight-year-old…
WASHINGTON (Reuters) – The International Monetary Fund on Thursday views recent U.S. inflation data as “overall higher than we would like to see” and is urging the Federal Reserve to stay cautious and remain data-dependent when deciding monetary policy, IMF spokesperson Julie Kozack said on Thursday. “This is a reminder of course, that there are…
By Jonathan Stempel NEW YORK (Reuters) – Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying “all indications” show his delay was a mistake. In a late Wednesday night filing in Manhattan…
By Joseph Ax (Reuters) -Reuters won two Pulitzer Prizes on Monday, taking home the breaking news photography award for searing images of the Israel-Gaza conflict as well as the national reporting award for a series of investigations into Elon Musk’s manufacturing empire. ProPublica won the coveted public service award for stories detailing undisclosed gifts and…
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The U.S. is “no longer an overheated economy” with a job market that has “cooled considerably” from its pandemic-era extremes and in many ways is back where it was before the health crisis, Fed Chair Jerome Powell said in remarks to Congress that suggested the case for…
