Stocks News

By Sophie Yu and Brenda Goh BEIJING (Reuters) – Chinese airlines undertaking the biggest hiring drives in more than three years as travel rebounds are facing a deluge of applicants for cabin crew roles as fresh university graduates turn to the relatively high-paying career in a

NEW YORK (Reuters) – A U.S. judge rejected requests to sever JPMorgan Chase & Co’s lawsuit accusing former executive Jes Staley of concealing what he knew about Jeffrey Epstein from two related lawsuits over its work for the late sex offender. Monday’s decision

By Davide Barbuscia NEW YORK (Reuters) – The Federal Reserve may not need to raise interest rates further to fight inflation, as the fallout from last month’s turmoil in the banking sector and a series of recent labor data point to a slowing U.S. economy, a

By Divya Rajagopal TORONTO (Reuters) – Glencore Plc Chief Executive Gary Nagle plans to meet with some of Teck Resources Ltd’s Canadian shareholders in Toronto this Thursday to personally lobby them for support of Glencore’s proposed takeover of the copper and zinc miner, according to a

By Davide Barbuscia NEW YORK (Reuters) – The Federal Reserve may not need to raise interest rates further to fight inflation, as the fallout from last month’s turmoil in the banking sector and a series of recent labor data point to a slowing U.S. economy, a

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

By Michael Martina and Patricia Zengerle

WASHINGTON (Reuters) – The U.S. Federal Trade Commission opened a new front in its fight against the Intercontinental Exchange deal to buy Black Knight by asking a federal court for a preliminary injunction to halt the deal while its internal administrative process moves forward.

By Nichola Groom (Reuters) – U.S. residential solar installers are bracing for a slowdown this year as California, the sector’s pioneer and biggest market, is days away from slashing a subsidy for panel owners that has underpinned more than a decade of explosive growth.

By Ankur Banerjee SINGAPORE (Reuters) – Asian shares inched higher, while the dollar started the week on the front foot after the U.S. jobs data underscored a tight labour market, firming up expectations that the Federal Reserve will again raise interest rates at its meeting next

WASHINGTON (Reuters) – The United States Postal Service (USPS) on Monday said it was seeking approval to hike the price of first-class mail stamps to 66 cents from 63 cents.

By Tom Polansek CHICAGO (Reuters) – About 150 employees of a Tyson Foods Inc chicken plant in Arkansas went on strike on Monday for better treatment before the company shuts the facility, an organizer said.

(Reuters) – U.S. stock index futures were mixed on Monday, as traders returned from Easter break to growing risks that the Federal Reserve will continue to hike interest rates after Friday’s jobs data highlighted a still-strong labor market.

WASHINGTON (Reuters) – The U.S. Commodity Futures Trading Commission ordered banking group Goldman Sachs to pay $15 million for violations of swap business conduct standards, the agency said in a statement on Monday.

By Lawrence Delevingne (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse of Silicon Valley Bank last month, some people close to the San Francisco-based lender were worried short sellers were exacerbating its travails, according to a source

(Reuters) – Tesla Inc has put up five proposals for vote at its annual shareholder meeting on May 16, including the nomination of co-founder JB Straubel to the electric-vehicle maker’s board.

By Satoshi Sugiyama and Ben Blanchard TOKYO/TAIPEI (Reuters) – Japan has been following China’s military drills around Taiwan consistently and “with great interest”, a top government spokesperson said on Monday, on the last scheduled day for the exercises where Beijing has simulated striking the island.

By Hyunjoo Jin and Mike Scarcella SAN FRANCISCO (Reuters) – A California Tesla owner on Friday sued the electric carmaker in a prospective class action lawsuit accusing it of violating the privacy of customers.

SHANGHAI (Reuters) – Chinese search engine giant Baidu has filed lawsuits against “relevant” app developers and Apple Inc over fake copies of its Ernie bot app available on Apple’s app store.

(Reuters) – The U.S. economy is at risk of shrinking in the second quarter, BofA Global Research wrote in a client note, following recent economic data that hinted that the Federal Reserve’s aggressive interest rate hikes were cooling the economy.