Tumbling lithium prices push Albemarle to fresh round of cost cuts
Albemarle, the world's largest lithium producer, said on Wednesday it would slash costs for the second time this year and that everything but its dividend could be on
July 31, 2024Albemarle, the world's largest lithium producer, said on Wednesday it would slash costs for the second time this year and that everything but its dividend could be on
July 31, 2024MGM Resorts International beat Wall Street's second-quarter estimates on Wednesday, thanks to a strong recovery in Macau following the easing of pandemic-related restrictions last year.
July 31, 2024American International Group reported a smaller-than-expected rise in second-quarter profit on Wednesday, hurt by lower underwriting income in its general insurance unit tied to
July 31, 2024Corteva cut its annual sales and operating earnings forecasts on Wednesday as the U.S. agrichemicals maker faces declining prices at its crop protection unit, sending its shares down 5.7%
July 31, 2024Investments in artificial intelligence will account for a significant increase in Facebook parent company Meta’s expenses in the coming year, but stronger-than-expected revenue from its advertising business was enough to reassure investors that its business is on the right track
July 31, 2024Carvana forecast annual core profit above analysts' expectations on Wednesday, driven by strong demand for its used vehicles and improved inventory management, which helped the used-car
July 31, 2024EBay exceeded Wall Street expectations for second-quarter revenue and profit, buoyed by robust demand for pre-owned goods, cost-effective automotive parts and accessories.
July 31, 2024Meta Platforms beat market expectations for second-quarter revenue on Wednesday and issued a rosy sales forecast for the third quarter, signaling that robust
July 31, 2024Rudy Giuliani has agreed to a last-minute deal to end his personal bankruptcy case and pay about $400,000 to a financial adviser hired by his creditors
July 31, 2024As the Fed inches closer to cutting its benchmark interest rate, how can households prepare? Karin Caifa reports.
July 31, 2024What to do — and what not to do — now that the Fed is signaling lower rates
July 31, 2024Billionaire investor Bill Ackman scrapped the launch of Pershing Square USA on Wednesday, days before the fund was slated to begin trading on the New York Stock
July 31, 2024Federal Reserve Chair Jerome Powell said recent inflation data is increasing the central bank's confidence that inflation pressures are moving back to the 2% target.
July 31, 2024Colombia's central bank cut its benchmark interest rate by 50 basis points to 10.75% on Wednesday, its sixth cut since December, as the bank's technical team
July 31, 2024The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon as its next meeting in September as inflation continues coming into line
July 31, 2024Traders on Wednesday added to bets the Federal Reserve will start easing in September and go big when it does, even after Fed Chair Jerome Powell said policymakers are not thinking about a
July 31, 2024CarShield agreed on Wednesday to pay $10 million to settle U.S.
July 31, 2024U.S.
July 31, 2024The Bank of Japan's move to raise interest rates to their highest in 15 years has jolted the yen to its strongest against the dollar since
July 31, 2024Fitch Ratings said on Wednesday it expects the U.S. Federal Reserve to cut interest rates twice this year - in September and December.
July 31, 2024BorgWarner beat Wall Street expectations for second-quarter profit and raised its annual earnings forecast on Wednesday as the auto parts supplier benefited from sustained demand, sending
July 31, 2024UBS sued Bank of America for $200 million on Wednesday, saying the second-largest U.S. bank refused to cover its legal costs related to risky mortgages issued
July 31, 2024The Bank of Japan should continue to gradually increase its interest rates up to the level of 1% by next year, Suntory Chief Executive Takeshi Niinami said on
July 31, 2024(Reuters is withdrawing this story pending further investigation about the legitimacy of the bid. More reporting will follow.)
July 31, 2024Contracts to buy U.S. previously owned homes rebounded sharply in June as an improvement in supply and some moderation in mortgage rates pulled buyers in from the sidelines.
July 31, 2024