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Tesla slumps on report of reduced output plan China ADRs rise on reopening optimism Indexes mixed: Dow up 0.40%, S&P down 0.11%, Nasdaq down 0.80% Dec 27 (Reuters) – The tech-heavy Nasdaq came under pressure on Tuesday following declines in some megacap growth stocks and Tesla, while optimism around an economic recovery in China after … Read more
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Dec 19 (Reuters) – Wall Street equities closed lower on Monday for a fourth straight session with Nasdaq leading declines as investors shied away from riskier bets, worried the Federal Reserve’s tightening campaign could push the U.S. economy into a recession. The three major U.S. stock indexes have been pressured since Wednesday, when Fed Chair … Read more
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Residents wearing face masks line up to get tested for the coronavirus disease (COVID-19) in Macau, China July 4, 2022. REUTERS/John Mak Register now for FREE unlimited access to Reuters.com Register More than 30 zones across the city locked down Four rounds of mass COVID testing slated this week Macau’s casinos have been effectively shut … Read more
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WASHINGTON, May 17 (Reuters) – The U.S. Justice Department on Tuesday sued Steve Wynn, the former CEO of Wynn Resorts (WYNN.O), to compel him to register as an agent of China and accused him of lobbying then-President Donald Trump at Beijing’s behest in 2017. Wynn’s lawyers denied the allegations, saying he had never acted as … Read more