Stocks News

By Brendan Pierson NEW YORK (Reuters) – E-cigarette maker Juul Labs Inc has agreed to pay $462 million to settle claims by six U.S. states including New York and California that it unlawfully marketed its addictive products to minors, a person familiar with the matter said

By Patrick Wingrove (Reuters) – Novavax Inc cut about $50 million in costs in the first quarter of 2023 and plans to slash more, Chief Executive John Jacobs said in an interview on Wednesday.

NEW YORK, April 12 (Reuters) – Short interest on the New York Stock Exchange rose 2.0 percent in late March, the exchange said on Wednesday.

By Lisa Baertlein LOS ANGELES (Reuters) – The International Brotherhood of Teamsters union on Wednesday said it would not begin national contract negotiations with United Parcel Service as planned next week unless local supplemental contracts are completed.

NEW YORK, April 12 (Reuters) – Short interest on the Nasdaq rose 4.0% in the second half of March, the exchange said on Wednesday.

(Reuters) – U.S. stock index futures edged higher on Wednesday as investors awaited key inflation data and minutes from the Federal Reserve’s policy meeting for clues on whether U.S. interest rates are near their peak.

By Lena Masri (Reuters) – U.S. Senator Ron Wyden has called for the Biden administration to carry out an investigation after a Reuters report showed how Russian authorities are using facial recognition to curb dissent with the aid of U.S. technology.

By Luc Cohen NEW YORK (Reuters) – A former Deutsche Bank AG investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors who he wooed with promises of big returns from cryptocurrency trading.

By David Shepardson WASHINGTON (Reuters) – The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a move the agency says could mean two out of every three new vehicles automakers sell will be electric within a

(Reuters) – U.S. industrial and software firm Emerson Electric Co on Wednesday said it would buy measurement equipment maker NI Corp for $60 per share in cash, giving the deal an equity value of $8.2 billion.

By David Randall NEW YORK (Reuters) – Inflation data showing U.S. consumer prices rising less than expected in March may have come as a relief to markets, but some investors believe it may take a strong corporate earnings season to push stocks higher decisively.

By Leah Douglas WASHINGTON (Reuters) – Meat companies should examine their supply chains for evidence of child labor, the Biden administration said in a letter sent to top meatpacking companies on Wednesday.

(Reuters) – Economists at Goldman Sachs no longer expect the U.S. Federal Reserve to raise interest rates in June, according to a research note published on Wednesday following data that showed consumer prices cooled faster than expected in March.

By Rae Wee SINGAPORE (Reuters) – The U.S. dollar slipped on Wednesday ahead of a closely-watched inflation reading later in the day that will provide clues on the path of Federal Reserve interest rate hikes.

(Reuters) – New vehicles’ average transaction price fell below the manufacturer’s suggested retail price (MSRP) for the first time in 20 months, according to data published by automotive research company Kelley Blue Book.

By Rodrigo Viga Gaier and Gabriel Araujo

By Gabriel Araujo RIO DE JANEIRO (Reuters) – Austria is looking to advance in talks with Brazilian planemaker Embraer SA at the LAAD defense and security fair on purchasing four or five KC-390 military cargo aircraft, two sources familiar with the matter said on Wednesday.

WASHINGTON (Reuters) – The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulatory agency’s privacy probe of Twitter, the panel said on Wednesday.

(Reuters) – Goldman Sachs Group Inc on Wednesday announced a slew of changes to leadership in its equity trading division following the retirement of its top equity trader Joe Montesano last month, according to a memo seen by Reuters.

By Raphael Satter WASHINGTON (Reuters) – America’s cybersecurity watchdog has no confidence that the cellular network used by American first responders and the military is secure against digital intrusions, U.S. Senator Ron Wyden said in a letter released Wednesday.