03:23 PM EDT, 10/14/2024 (MT Newswires) -- Consumer stocks were rising late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.4%. In corporate news, Vicinity Motor ( VEV ) shares plunged past 34% after it said if its creditors proceed with receivership enforcement, it will...

Upstart Holdings, Inc. ( UPST ) shares are trading higher Monday following an upgrade by Wedbush analyst David Chiaverini. The firm raised its rating from Underperform to Neutral, while significantly increasing its price target from $10 to $45. What To Know: Chiaverini highlighted that Upstart’s ability to diversify its funding base through long-term capital providers, along with stronger credit buyer...

BRASILIA, Oct 9 (Reuters) - Indigenous organizations in the Brazilian state of Para said they were not consulted by the government before it signed a deal with multinational companies to sell carbon offset credits to support conservation of the Amazon ( AMZN ) rainforest in the state. Amazon.com Inc ( AMZN ) and other firms agreed last month to buy...

HOUSTON, Oct 14 (Reuters) - Three workers filed a lawsuit in a Texas state court in Houston on Monday against Mexico's national oil company Pemex for injuries they allege were received in a hydrogen sulfide release at a Deer Park, Texas refinery on Thursday. Two contractors were killed and 35 people treated for exposure to deadly hydrogen sulfide gas on...