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– Costco Wholesale Corp beat Wall Street estimates for quarterly revenue and profit on Thursday, as consumers returning to its stores bought more groceries and splurged on high-margin items such …

By Chavi Mehta and Jane Lanhee Lee – Chip company Broadcom Inc on Thursday forecast second-quarter revenue above Wall Street estimates on the back of strong demand from enterprise and …

By Praveen Paramasivam – Gap Inc on Thursday forecast 2022 earnings above estimates, betting on strong demand for its Old Navy and Athleta clothing brands as Americans return to offices …

– The Federal Trade Commission is approaching a mid-March deadline for making a decision on whether to approve Amazon.com Inc’s purchase of movie studio MGM for $8.5 billion, according to …

By Marcy de Luna HOUSTON – Oil slid 2% on Thursday, after hitting prices not seen in a decade, as sellers jumped on hopes the United States and Iran will …

– Billionaire activist investor Carl Icahn has drawn attention to the use of metal enclosures to house pregnant pigs in a dispute with McDonald’s Corp over its pork suppliers’ animal-welfare …

By Jarrett Renshaw – U.S. President Joe Biden’s administration is studying whether waiving biofuel blending mandates could help offset a surge in prices for key food ingredients like corn and …

By Tom Polansek CHICAGO – Carl Icahn is broadening a push to get McDonald’s Corp to improve suppliers’ treatment of pigs raised for bacon and sausage. The billionaire activist investor, …

By Peter Eisler WASHINGTON – More than a half dozen U.S. Secret Service officers on Thursday took two men into custody from a car in Washington’s Georgetown neighborhood and removed …

By Kylie Madry MEXICO CITY – Citibanamex is spending 1.4 billion pesos ($67.8 million) to remodel more than 1,200 branches in Mexico with plans to expand, a top executive said …

By Brendan O’Brien and Barbara Goldberg – Reflecting growing animosity across the United States toward Russia after its invasion of Ukraine, lawmakers in New Jersey’s largest city have voted to …

– Visa Inc will lower consumer credit interchange rates for small businesses in the United States by 10%, effective next month, to help merchants recovering from the COVID-19 pandemic, according …

BROOKLYN, NY – The United States Attorney’s Office for the Eastern District of New York and the Department of Justice, Consumer Protection Branch, together with the Federal Trade Commission (FTC) …

By Hyunjoo Jin, Ben Klayman and Bhargav Acharya – Tesla Inc Chief Executive Officer Elon Musk said on Thursday he was inviting labor union United Auto Workers (UAW) to hold …

By Caroline Valetkevitch NEW YORK – The euro extended recent declines and hit its lowest since 2016 against sterling on Thursday as investors worried about the impact of rising oil …

MOSCOW – The Russian rouble slumped to new record lows against the dollar on Thursday though it closed the Moscow session little changed, after Fitch and Moody’s downgraded Russia’s sovereign …

– Wall Street pressed on with measures to freeze investments in Russian securities on Thursday, with investors and regulators announcing new ways to reduce exposure, adding to Moscow’s financial isolation …

By Stephanie Kelly NEW YORK – There is only one way oil prices are going to fall – by first rising even more. That is the growing consensus among Wall …

By Clara Denina and Praveen Menon – Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring commodity prices amid the Ukraine-Russia …

By P.J. Huffstutter CHICAGO – The current rally of U.S. grain and oilseed prices could help bolster American farm incomes this year, as Russia’s invasion of Ukraine roils commodity markets …

– Travel booking software provider Sabre Corp said on Thursday it has terminated its distribution agreement with Aeroflot, hurting the Russian flag carrier’s ability to sell tickets. Spain’s Amadeus IT …

– Chilean retailer Cencosud on Thursday posted a fourth quarter net profit of $249 million, boosted by improved revenues in the countries it operates, which also include Argentina, Peru, Brazil …

By John McCrank NEW YORK – The California Public Employees’ Retirement System, the largest U.S. pension fund, said on Thursday it has ceased all transactions in Russian publicly traded equity …

LONDON – JPMorgan said on Thursday it expected Russia’s economy to contract 35% in the second quarter and 7% in 2022 with the economy suffering an economic output decline comparable …

By Jonathan Stempel NEW YORK – Ben & Jerry’s was sued on Thursday by its longtime Israeli ice cream manufacturer, which said the company illegally severed their 34-year relationship after …