Business News

By Noel Randewich and Akash Sriram (Reuters) – Amazon’s stock rallied to its highest in more than two months on Friday after a research firm predicted the online heavyweight’s retail …

(Reuters) – BlackRock Inc Chief Executive Officer Larry Fink sold nearly 7% of his stake in the asset management giant, netting proceeds of about $25 million. The sale was disclosed …

By Joseph White DETROIT (Reuters) -United Auto Workers union President Shawn Fain said on Friday there is “no excuse” for Detroit’s automakers to set up electric vehicle operations and ventures …

By Arunima Kumar and Liz Hampton (Reuters) -Top oilfield firm SLB beat Wall Street estimates for first-quarter profit on Friday, as elevated crude prices and tight supplies increased demand for …

By Ankit Kumar (Reuters) -Freeport-McMoRan Inc’s first-quarter profit more than halved as the copper miner struggled with an industry-wide talent crunch and warned that tight labor market conditions would persist …

By Kylie Madry MEXICO CITY (Reuters) – MG Motor is launching a plug-in hybrid SUV in Mexico, the carmaker said on Thursday, as the market for hybrid and electric vehicles …

(Reuters) – The cost of insuring exposure to United States sovereign debt rose to the highest level since 2011 on Friday, over market jitters that the government could hit its …

PARIS (Reuters) – French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a police spokesperson said …

(Reuters) -Lyft Inc CEO David Risher said on Friday the ride-hailing company will “significantly” cut jobs in another round of layoffs to reduce costs, sending its shares up about 4%. …

By Mike Scarcella (Reuters) – Amazon.com Inc on Thursday defeated a private lawsuit in Seattle federal court that accused the national retailer of a scheme to curb competition for shipping …

By Jessica DiNapoli and Ananya Mariam Rajesh (Reuters) -Procter & Gamble Co’s customers, particularly in the United States, continued to show little resistance to repeated price hikes helping the Tide …

LAKEWOOD, NJ – Lakewood Township is offering job and internship seekers a chance to meet with various department officials and discuss future opportunities at a Career and Internship Fair on …

By Caroline Valetkevitch NEW YORK (Reuters) – Investors worried the U.S. could be on the brink of a recession may be relieved by some early comments from company executives this …

By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on Friday, after last year’s hefty …

By Aditya Samal and Leroy Leo (Reuters) -HCA Healthcare Inc said it expects a recovery in surgical procedures to persist through the year for the hospital operator as staffing almost …

By Valerie Insinna and Brenda Goh WASHINGTON/SHANGHAI (Reuters) -China’s aviation regulator has published a report that Boeing views as a key step for the U.S. planemaker to resume deliveries of …

JOHANNESBURG (Reuters) – Labour unions rejected a 3.75% pay rise offer from South Africa’s power utility Eskom as it is below the rate of inflation, union representatives said on Friday. …

OTTAWA (Reuters) -Canadian retail sales dipped by 0.2% in February from January, and are expected to drop another 1.4% in March, according to data from Statistics Canada on Friday, indicating …

(Reuters) – Alphabet Inc’s Google said on Friday it will update Bard, its generative artificial intelligence (AI) chatbot, to help people write code to develop software, as the tech giant plays …

(Reuters) -U.S. Federal Reserve is considering ending an exemption that has allowed certain midsize banks to conceal losses on securities they hold, the Wall Street Journal reported on Friday, signaling …

By Jessica DiNapoli NEW YORK (Reuters) – Doing laundry is a drag. But after two years of price hikes on detergent, U.S. consumers may finally get some relief as Procter …

By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. and Euro zone business activity gathered pace in April, according to surveys released on Friday, despite central bankers signaling they …

STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a half a percentage point next week as it grapples with soaring inflation, with a further quarter point …

WASHINGTON (Reuters) – Alphabet Inc’s Google asked a court late Thursday to toss out several allegations made by Epic, Match and U.S. state attorneys general about how the search and …

By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – As automakers and chemicals suppliers scramble to secure raw materials, resource-rich Australia has become a rare global bright spot with $37 …