01:10 PM EDT, 05/29/2025 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) advancing 0.2%. In corporate news, Tesla (TSLA) Chief Executive Elon Musk said Thursday on X that he's leaving the Department of Government Efficiency, or DOGE. Separately, Musk...

* Long-time program allows Boeing ( BA ) to conduct tasks on FAA behalf * Critics have said the FAA did not ensure adequate oversight * Agency says it will closely monitor Boeing ( BA ) actions By David Shepardson WASHINGTON, May 29 (Reuters) - The U.S. Federal Aviation Administration on Thursday said it would extend by three years a...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

ASML Holding NV ( ASML ) shares rose 1.05% to $754.35 on Thursday, gaining in sympathy with Nvidia Corp, which surged nearly 6% following blockbuster first-quarter results that exceeded Wall Street expectations. Nvidia's earnings fueled a broader semiconductor rally, lifting peer stocks like ASML ( ASML ). What To Know: Nvidia reported first-quarter revenue of $44.1 billion, a 69% year-over-year...