BEIJING (Reuters) -China’s economy ended 2024 on better footing than expected helped by a flurry of stimulus measures, although the threat of a new trade war with the United States and weak domestic demand could hurt confidence in a broader recovery this year. For the full-year 2024, the world’s second-largest economy grew 5.0%, meeting the […]

U.S. entrepreneurs formed a record 4.38 million new businesses in 2020, according to data from the Federal Reserve Bank of St. Louis. That total has been topped every year since, including in just the first 11 months of 2024. In the first years of the COVID-19 pandemic, urgent factors like job losses helped spur business

WuXi AppTec’s leadership played down concerns about reduced demand for glucagon-like peptide-1 receptor agonist (GLP-1RA) manufacturing after leading obesity player Eli Lilly released lower-than-expected revenue projections. On 15 January at the 43rd JP Morgan Healthcare Conference, WuXi AppTec Co-CEO Minzhang Chen told the audience that if global demand for GLP-1 drugs is lower, then WuXi’s

Elijah Nouvelage/Bloomberg via Getty Images The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct proper investigations of disputed information, the federal watchdog announced Friday. Equifax is one of three major credit reporting agencies in the U.S., a group that also includes Experian

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Key Takeaways Shares of the chipmaker are rising today alongside broader markets, leaving them up more than 8% in January, outpacing the S&P 500. Investors may be buying into signs of change in the wake of the retirement of CEO Pat Gelsinger late last year. One such development: news that the company plans to make

By Arathy Somasekhar and Seher Dareen (Reuters) – Oilfield company SLB raised its quarterly dividend and accelerated share repurchases on Friday as its fourth-quarter profit beat expectations, while also warning of flat 2025 revenue due to an oil oversupply. The world’s largest oilfield services company increased its quarterly dividend by 3.6%, and said it would

Beata Zawrzel | Nurphoto | Getty Images TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won’t punish Apple, Google and other service providers if they support the app. “Unless the Biden Administration immediately provides a definitive statement to satisfy the most critical service providers assuring

Justin Sullivan / Getty Images The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into a three-day weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025. Intel shares took off following reports that the semiconductor giant could be an acquisition target. Freight shipper J.B. Hunt posted lower-than-expected sales

Among investment opportunities in the artificial intelligence (AI) realm, semiconductor stocks have become a top choice. Nvidia has been the most popular among chip stocks over the last two years, and for good reason. The company’s graphics processing units (GPUs) play an important role in generative AI development, and companies around the world can’t seem