Today: November 18, 2024
Today: November 18, 2024

Latest From Reuters

Business|Technology|US

Clorox cuts annual forecasts on cyber attack woes

Cleaning supplies company Clorox on Wednesday cut its annual profit and revenue forecasts, reeling from an August cyberattack that threw its order fulfillment facilities out of gear for

Clorox cuts annual forecasts on cyber attack woes
Business|Finance|US

Mondelez hikes annual sales growth forecast

Mondelez International hiked its annual sales growth forecast for the third time this year on Wednesday, betting on consumers to continue snacking on the Oreo maker's chocolates and baked

Mondelez hikes annual sales growth forecast
Business|Finance|Technology|Travel

Airbnb forecasts fourth-quarter revenue below estimates on demand slowdown fears

Airbnb forecast fourth-quarter revenue slightly below Wall Street estimates on Wednesday, as tourists cut back on their travel plans due to rising costs, uncertain economic conditions and

Airbnb forecasts fourth-quarter revenue below estimates on demand slowdown fears
Business|Finance|Technology

PayPal raises full-year profit forecast above Wall Street estimates

PayPal Holdings raised its forecast for full-year adjusted profit above Wall Street estimates on Wednesday, as the payments giant banks on resilient consumer spending trends during the key

PayPal raises full-year profit forecast above Wall Street estimates
Business|Finance|Stock Markets|US

AIG beats Q3 profit estimates on general insurance, life and retirement gains

American International Group exceeded third-quarter profit expectations on Wednesday, driven mainly by growth at its general insurance and life and retirement units.

AIG beats Q3 profit estimates on general insurance, life and retirement gains
Business|Finance|US

MetLife beats quarterly profit estimates on robust investment income

MetLife on Wednesday reported a third-quarter profit that was above Wall Street expectations, as recovery in the U.S. markets boosted the insurer's return from investments.

MetLife beats quarterly profit estimates on robust investment income
Business|Finance|News|Technology

Albemarle quarterly profit drops, forecast cut on falling lithium prices

Albemarle, the world's largest producer of lithium, posted a 66% drop in quarterly profit on Wednesday and cut its annual forecast, citing slipping prices for the electric vehicle battery

Albemarle quarterly profit drops, forecast cut on falling lithium prices
Business|Economy|Finance|Stock Markets|US

Cognizant forecasts quarterly revenue below estimates on weak corporate spending

Cognizant Technology Solutions forecast fourth-quarter revenue below Wall Street estimates on Wednesday, as clients tighten their IT budgets in an uncertain economy, sending its shares

Cognizant forecasts quarterly revenue below estimates on weak corporate spending
Business|Finance|Stock Markets|US

Prudential Financial's third-quarter profit boosted by US unit growth

Prudential Financial reported a rise in third-quarter adjusted profit on Wednesday, as the insurer's U.S. unit logged strong growth driven by higher net investment spread and lower

Prudential Financial's third-quarter profit boosted by US unit growth
Business|Finance

Goldman Sachs-backed firm applies to sell U.S. retail electricity contracts

A company owned by

Goldman Sachs-backed firm applies to sell U.S. retail electricity contracts
Business|Economy|Finance|US

DoubleLine's Gundlach expects interest rates to fall as US economy worsens

DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into a recession in early 2024, he said in an

DoubleLine's Gundlach expects interest rates to fall as US economy worsens
Business|News|Technology|US

Toyota recalls 1.85 million RAV4 SUVS over fire risks

Toyota Motor said Wednesday it is recalling 1.85 million RAV4 sport utility vehicles in the United States over fire risks stemming from the installation of replacement batteries

Toyota recalls 1.85 million RAV4 SUVS over fire risks
Business|Finance

Aflac beats estimates for quarterly profit on higher premium income

Insurance provider Aflac on Wednesday reported third-quarter profit above estimates, helped by higher premium revenue from its U.S. unit and strong gains on its investments.

Aflac beats estimates for quarterly profit on higher premium income
News|World

Hamas says 195 Palestinians killed in Israeli attacks on Gaza's Jabalia

At least 195 Palestinians were killed in Israeli attacks on Gaza's Jabalia refugee camp on Tuesday and Wednesday, the Hamas-run government media office said.

Hamas says 195 Palestinians killed in Israeli attacks on Gaza's Jabalia
Business|Economy|Finance

Delta lays off some corporate workers to cut costs

Delta Air Lines said on Wednesday it is cutting some corporate jobs to better manage costs, at a time when the industry grapples with higher fuel and labor expenses.

Delta lays off some corporate workers to cut costs
News|Uncategorized|US

US Justice department probes Live Nation's agreements with venues, artists -WSJ

The U.S.

US Justice department probes Live Nation's agreements with venues, artists -WSJ
Economy|Finance|News

Hong Kong central bank leaves interest rate unchanged, tracking Fed move

The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S.

Hong Kong central bank leaves interest rate unchanged, tracking Fed move
Business|Finance|News|US

JPM CEO asks Texas to stop pushing anti-business bond laws - Bloomberg News

JPMorgan Chase CEO Jamie Dimon said Texas risks hurting its business-friendly reputation with laws that seek to punish Wall Street banks for policies limiting work with the gun and fossil

JPM CEO asks Texas to stop pushing anti-business bond laws - Bloomberg News
Asia|News|US|World

China says official to lead a delegation in China-US nuclear talks

The Chinese foreign ministry said on Thursday a leading official from its department of arms control affairs will lead a delegation in China-U.S. nuclear talks.

China says official to lead a delegation in China-US nuclear talks
Asia|Business|Economy|News|Technology|US

Tesla's Oct China-made EV sales fall 2.6% from Sept

U.S. automaker Tesla delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the China Passenger Car Association (CPCA) said on Thursday.

Tesla's Oct China-made EV sales fall 2.6% from Sept
Europe|News|World

Russia says Moldova's president is a 'disgrace'

Russia said on Thursday that Moldova's pro-European president, Maia Sandu, was a disgrace and accused the Moldovan government of trying to distract from its own failings ahead of

Russia says Moldova's president is a 'disgrace'
Business|Economy|Finance|Stock Markets|US|World

Marketmind: Markets fly on Fed and funding, Apple awaits

A look at the day ahead in U.S. and global markets from Mike Dolan World markets lapped up a combination of steady U.S. interest rates, rejigged Treasury borrowing and lower oil prices - with an eye

Marketmind: Markets fly on Fed and funding, Apple awaits
Business|Finance|News

Starbucks beats quarterly sales estimates as US demand holds strong

Starbucks beat Wall Street expectations for quarterly comparable sales on Thursday, as steady demand for its pricey coffees and cold drinks in North America offset a feeble recovery in

Starbucks beats quarterly sales estimates as US demand holds strong
Business|Finance|Technology

PayPal discloses SEC subpoena tied to stablecoin

Payments firm PayPal Holdings said on Thursday it had received a subpoena from the Securities and Exchange Commission (SEC) tied to its U.S. dollar stablecoin.

PayPal discloses SEC subpoena tied to stablecoin
Business|Finance|Stock Markets

Barrick Gold beats Q3 profit estimates on higher production, lower costs

Barrick Gold Corp beat analysts' expectations for third-quarter profit on Thursday, as the Canadian gold miner benefited from lower costs and increased production.

Barrick Gold beats Q3 profit estimates on higher production, lower costs

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