By Echo Wang (Reuters) – Wall Street’s main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID case[...]
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Business
Amazon planning standalone app for sports content – The Information
(Reuters) -Amazon.com Inc is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with direct knowledge of the plan. Sports remains one of th[...]
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Lockheed’s Sikorsky seeks review of Black Hawk replacement contract
(Reuters) -Lockheed Martin Corp’s Sikorsky unit on Wednesday sought a review of the U.S. Army’s decision to award a contract for its next-generation helicopter to Textron Inc’s Bell[...]
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Equities fall on risk aversion with 2023, China reopening in focus
By Sinéad Carew NEW YORK (Reuters) – Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost from Chi[...]
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Solana crypto token loses most of its value in 2022, FTX collapse weighs
NEW YORK (Reuters) – The price of Solana, a cryptocurrency token that had been lauded by FTX founder Sam Bankman-Fried, fell 10.36% on Wednesday, and is down 94.2% so far in 2022. The collapse o[...]
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Oil settles lower in light trading on China demand concerns
By Shariq Khan NEW YORK (Reuters) -Oil prices settled lower on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the world’s top oil importer, against the chances ea[...]
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Tesla shares record rare jump this month on the way to worst year
(Reuters) – Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on reco[...]
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U.S.-listed Chinese tech companies cancel HK-listing plans: The Information
(Reuters) – Major U.S.-listed Chinese companies, including Pinduoduo Inc and Full Truck Alliance Co, have put discussions about a potential Hong Kong listing on hold, The Information reported on[...]
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Google, YouTube content providers must face U.S. children’s privacy lawsuit
By Jonathan Stempel (Reuters) – A U.S. appeals court on Wednesday revived a lawsuit accusing Alphabet Inc’s Google and several other companies of violating the privacy of children under ag[...]
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