 | | | | U.S. stocks gyrated in afternoon trading to close lower with interest rate sensitive tech stocks weighing most heavily as uncertainties surrounding an increasingly hawkish Federal Reserve and rising geopolitical tensions contributed to the market's churn. | | | | | | Teva Pharmaceutical Industries Ltd fueled opioid addiction in New York state, a jury found on Thursday, a setback for a company still facing thousands of other opioid-related lawsuits around the United States. | | | | | | U.S. House of Representatives leaders are set to unveil as soon as later on Tuesday a bill to increase U.S. competitiveness with China and boost federal spending on semiconductors, aides told Reuters. | | | | | | General Motors will invest $7 billion in Michigan, much of it aimed at boosting production of full-size electric pickups. | | | | | | YouTube is exploring features for its video creators to capitalize on non-fungible tokens, its chief executive officer said on Tuesday, becoming the latest tech company to tap into a digital collectibles craze that has exploded in the past year. | | | | | | HSBC's Mexico unit is analyzing the purchase of Citigroup's retail operations in the country, known as Citibanamex, HSBC Mexico's chief executive officer and president said on Tuesday. | | | | | | Texas Instruments Inc forecast current-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for its chips used in cars, smartphones and laptops, sending its shares up 6% in extended trading. | | | | | | Microsoft Corp exceeded analysts' expectations for second-quarter revenue on Tuesday, propelled by strong demand for its cloud-based services from more businesses migrating to hybrid work models due to the pandemic. | | | | | | Signaling U.S. President Joe Biden's picks for the Federal Reserve may face a tough confirmation process in the closely divided Senate, Republican Senator Pat Toomey told the president he doesn't think his choices fairly represent the nation for which they will help set monetary policy. | | | | | | Bank of America Corp is bringing employees back to offices in parts of the United States where new COVID-19 cases have started to decline, a person familiar with the matter told Reuters on Tuesday. | | | | | |
