2024 – Page 18 – Best Day Investing – Investing and Stock News

Kraft Heinz must face Mac & Cheese lawsuit, judge rules

By Jonathan Stempel (Reuters) -A federal judge said Kraft Heinz (NASDAQ:KHC) must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese,…

November 15, 2024

Stock

Nissan shares surge after report activist investor Oasis has stake

TOKYO (Reuters) -Nissan Motor shares jumped as much as 6% in early Tokyo trading on Friday after Japan’s Diamond Online magazine reported that activist investor Oasis Management had taken a…

November 15, 2024

Stock

US stock futures creep lower as Powell, PPI data erode rate cut bets

Investing.com– U.S. stock index futures fell in evening deals on Thursday as strong producer inflation data and cautious comments from the Federal Reserve raised uncertainty over just how quickly interest…

November 15, 2024

Economy

China new home prices fall 0.5% m/m in October

BEIJING (Reuters) – China’s new home prices fell for the 16th consecutive month but at a slower pace in October, official data showed on Friday, suggesting overall sentiment remains weak…

November 15, 2024

Economy

BOJ chief Ueda to speak in Nagoya, focus on hints of next rate-hike timing

TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda will deliver a speech and hold a news conference in the central Japan city of Nagoya on Monday, the BOJ said,…

November 15, 2024

Economy

Dollar sits atop one-year peak as Powell sends yields up, shares hesitant

By Stella Qiu SYDNEY (Reuters) – The U.S. dollar extended its broad rally early on Friday, towering at one-year highs as a hawkish turn from the Federal Reserve chief sent…

November 15, 2024

Economy

Dollar eyes weekly gain on slower Fed easing, inflation outlook

By Rae Wee SINGAPORE (Reuters) – The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate cuts…

November 15, 2024

Economy

OpenAI and rivals seek new path to smarter AI as current methods hit limitations

(Refiles to fix formatting, no change to content of story) By Krystal Hu and Anna Tong (Reuters) -Artificial intelligence companies like OpenAI are seeking to overcome unexpected delays and challenges…

November 15, 2024

Stock

Bristol Myers faces renewed, $6.7 billion lawsuit over delayed cancer drug

NEW YORK (Reuters) – Bristol Myers Squibb was hit on Thursday with a $6.7 billion lawsuit claiming it cheated former Celgene (NASDAQ:CELG) shareholders by delaying federal approval for three drugs,…

November 15, 2024

Stock

US man sentenced to 5 years over laundering crypto stolen from Bitfinex hack

By Kanishka Singh WASHINGTON (Reuters) – A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds stolen from…

November 15, 2024