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Apple expected to reveal mixed-reality headset at developer conference
By Stephen Nellis CUPERTINO, California (Reuters) - Apple Inc is expected to unveil a mixed-reality headset at its annual software developer conference on Monday, its first big move into a new product...
Syndicated Content Jun 05, 2023
Futures subdued as investors weigh chances of rate pause
(Reuters) - Wall Street futures were subdued on Monday after a solid rally last week, as investors weighed the possibility of a pause in interest rate hikes by the Federal Reserve at its upcoming poli...
Syndicated Content Jun 05, 2023
Slump in global cashew demand pushes Ivory Coast industry to verge of collapse
By Ange Aboa KATIOLA, Ivory Coast (Reuters) - Drissa Dembele, a farmer and buyer of raw cashews, surveyed unshelled nuts he had spread out to dry on a tarpaulin in a dusty courtyard, unsure of when he...
Syndicated Content Jun 05, 2023
Exclusive-Musk’s Neuralink valued at about $5 billion despite long road to market
By Rachael Levy, Krystal Hu and Marisa Taylor (Reuters) - Elon Musk's brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago, is now wort...
Syndicated Content Jun 05, 2023
Analysis-US hotel developers run out of cash as construction lending dries up
By Bianca Flowers and Priyamvada C (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a t...
Syndicated Content Jun 05, 2023
Analysis-Debt-ceiling deal ignores US debt time bomb
By David Lawder and Andy Sullivan WASHINGTON (Reuters) - Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating U.S. default, but does little to slow a...
Syndicated Content Jun 05, 2023
Analysis-Strong economy puts Bank of Canada’s 4-month rate hike pause in doubt
By Steve Scherer OTTAWA (Reuters) - The Bank of Canada (BoC) became the first major global central bank to pause its rate-hike campaign in January, but the economy's surprisingly strong performance si...
Syndicated Content Jun 05, 2023
Energy sector’s COVID recovery turns into massive CEO payday
By Tim McLaughlin (Reuters) - The CEOs of America's biggest oil companies were paid a lot more in the first year of the COVID crisis than initially estimated, thanks to stock-heavy compensation packag...
Syndicated Content Jun 05, 2023
Analysis-Stelara patent deal puts J&J back on path to $57 billion 2025 revenue forecast
By Patrick Wingrove (Reuters) - Johnson & Johnson's legal settlement with Amgen Inc to delay a biosimilar version of its blockbuster psoriasis treatment Stelara until January 2025 could make the drug ...
Syndicated Content Jun 05, 2023
Marketmind: Jobs glow, crude pops, dollar lifts
A look at the day ahead in U.S. and global markets from Mike Dolan World markets retained a warm afterglow from Friday's shining U.S. employment reading, with only minor gains in crude oil prices on S...
Syndicated Content Jun 05, 2023
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