US homebuilder Lennar beats Q1 profit estimates amid sustained demand for new homes
(Reuters) -Lennar Corp reported first-quarter profits above Wall Street estimates on Wednesday, as historically low existing home supply led to sustained demand for new unit construction. The company delivered 16,798…
Wall Street ends mostly lower as chipmakers ease; inflation data ahead
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced for producer price data and…
Yellen says US aims to ensure domestic EV maker success as China boosts exports
By David Lawder ELIZABETHTOWN, Kentucky (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of the domestic electric vehicle (EV)…
Israel says it will ‘flood’ Gaza with aid as pressure mounts to do more
TEL AVIV (Reuters) – Israel will try to “flood” the Gaza Strip with humanitarian aid from a variety of entry points, the main military spokesman said on Wednesday as international…
EU agrees 5 billion euro boost for Ukraine military aid fund
By Andrew Gray BRUSSELS (Reuters) -European Union countries agreed on Wednesday to provide 5 billion euros ($5.48 billion) for military aid to Ukraine as part of a revamp of an…
Exclusive-Israeli tank strike killed ‘clearly identifiable’ Reuters reporter – UN report
By David Gauthier-Villars, Laila Bassam and Tom Perry ISTANBUL (Reuters) – An Israeli tank killed Reuters reporter Issam Abdallah in Lebanon last year by firing two 120 mm rounds at…
Eggland’s Best is sued over saturated fat claims for its eggs
By Jonathan Stempel (Reuters) -Eggland’s Best, one of the largest U.S. egg producers, has been sued for falsely claiming that its eggs contain less saturated fat than other eggs. The…
Trump Georgia election subversion judge dismisses some charges
(Reuters) -The judge in Donald Trump’s Georgia election subversion trial on Wednesday dismissed three criminal counts against the former U.S. president and three others against co-defendants, a court filing showed…
US dollar drifts lower, market consolidates gains post-inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slipped on Wednesday, a day after rising on hotter-than-expected U.S. inflation data, as investors consolidated gains ahead of this week’s economic data…
Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record payouts by banks making up half of the growth, a…