Business News

By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Goldman Sachs CEO David Solomon on Thursday responded to a string of critical comments in news reports in recent weeks, saying …

By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes were mostly lower on Thursday, with the S&P 500 and Nasdaq falling with shares of Apple, and the U.S. dollar …

(Reuters) – Zoom Video Communications has met with regulators from the United States, European Union and other jurisdictions to outline concerns about Microsoft’s alleged anti-competitive behavior, Bloomberg News reported on …

(Reuters) -The U.S. Securities and Exchange Commission (SEC) is investigating billionaire Ryan Cohen’s ownership and surprise sale of Bed Bath & Beyond shares, the Wall Street Journal reported on Thursday. …

By Trevor Hunnicutt and Nandita Bose WASHINGTON (Reuters) – U.S. President Joe Biden arrives at this weekend’s Group of 20 (G20) meeting in India with an offer for the “Global …

TORONTO (Reuters) – The head of Canada’s banking regulator said on Thursday its mortgage stress test was “imperfect” and “incomplete” as homeowners on a variable rate mortgages struggle to repay …

By David Shepardson (Reuters) -General Motors on Thursday made a counterproposal to the union representing its U.S. hourly workers in a bid to avoid a costly strike, but United Auto …

By Ann Saphir (Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Thursday repeated his view that getting the economy on the “golden path” — where inflation falls but …

(Reuters) -U.S. authorities are probing claims of fraud that Cameron Winklevoss, the co-founder of crypto firm Gemini Trust Co, has made against the Digital Currency Group (DCG) and its founder …

By Tom Hals WILMINGTON, Del. (Reuters) -The Philippines’ largest casino, owned by an affiliate of Japan’s Universal Entertainment Corp, does not have to complete a SPAC merger deal with 26 …

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams on Thursday kept his options open over future U.S. interest rate policy, acknowledging falling …

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem on Thursday said interest rates may not be high enough to bring inflation back down to …

By Valerie Insinna WASHINGTON (Reuters) -Spirit AeroSystems, a major supplier of parts for jetliners, has asked Boeing and Airbus to absorb more of the financial pain caused by inflation that …

By Richa Naidu and Helen Reid LONDON (Reuters) – Consumer goods makers and retailers investing in sustainably made products after years of shopper outcry, say they face an uphill struggle …

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund and World Bank on Thursday issued a rare joint statement pledging to step up their cooperation to address climate change, …

By Erwin Seba HOUSTON (Reuters) -Global benchmark Brent crude oil fell below $90 a barrel on Thursday in volatile trade, halting a near two-week rally, on multiple signals warning of …

(Reuters) -Electric-vehicle maker Rivian Automotive will benefit late this year and in 2024 from a significant deflation for battery material prices, finance chief Claire McDonough said at a technology conference …

By Amina Niasse NEW YORK (Reuters) – Key U.S. mortgage interest rates fell for a second week but held above 7% and remained near the highest in decades, according to …

By Abigail Summerville, Echo Wang and Anirban Sen NEW YORK (Reuters) – New Era Cap LLC, a supplier of major U.S. sports league headware, has kicked off preparations for an …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained on Thursday after earlier pushing the yen to a 10-month low and driving the euro and sterling to their weakest …

(Reuters) – Uber Technologies is considering buybacks and dividends to shareholders as its cash flow ramps up, CEO Dara Khosrowshahi said at an event on Thursday. “We are now entering …

By David Lawder WASHINGTON (Reuters) -The U.S. Treasury will push for a general increase in International Monetary Fund quota resources this year that would maintain the IMF’s current voting power …

By Ann Saphir (Reuters) -The U.S. Senate on Thursday confirmed World Bank economist Adriana Kugler to the Federal Reserve, filling the last open seat at the U.S. central bank’s governing …

LONDON (Reuters) – A lack of consistent data to measure emissions down the supply chain of mining companies and through to customers makes it difficult to monitor and meet targets …