11:44 AM EDT, 04/02/2025 (MT Newswires) -- President Donald Trump has told members of his inner circle, including Cabinet members, that Elon Musk will be stepping back in the coming weeks from his roles within the administration, Politico reported Wednesday, citing three anonymous Trump insiders. Tesla (TSLA) shares were up 4% around midday ET. (Market Chatter news is derived from...

NEW YORK, April 1 (Reuters) - The Federal Energy Regulatory Commission issued an order to suspend Colonial Pipeline's proposed changes to fuel shipping terms for seven months. Colonial Pipeline sought FERC's approval last month to stop shipping different grades of gasoline at the same time and to reduce the total number of grades it moves on the pipeline. The regulator...

11:44 AM EDT, 04/02/2025 (MT Newswires) -- Hims & Hers Health's ( HIMS ) expanion of weight loss products on its telehealth platform to include generic Liraglutide is incrementally positive, while Tirzepatide is unlikely to drive meaningful revenue contribution, Truist Securities said in a Tuesday note. Truist said it Liraglutide could drive upside to its Q2 estimates for Hims &...

11:45 AM EDT, 04/02/2025 (MT Newswires) -- Albertsons ( ACI ) is expected to provide a full-year earnings outlook largely in line with Wall Street's expectations later this month, with investors likely focused on the grocery chain's efforts to stabilize margins and accelerate growth, Oppenheimer said in a Wednesday note. The brokerage sees Albertsons' ( ACI ) earnings guidance bracketing...