Business News

(Reuters) -Yahoo said on Thursday it plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech division. The cuts will impact …

By Stephen Nellis (Reuters) – Advanced Micro Devices Inc has captured nearly a third of the market for central processor units while British chip technology firm Arm Ltd’s rise in …

By Joseph White DETROIT (Reuters) – Tesla Inc and established luxury automakers are frustrating consumers with advanced driving assistance technology and complex infotainment systems, according to a new study by …

By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday released the hypothetical economic strains they will use to test the strength of big bank finances in its …

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – The dollar slid and a global equity rally lost steam on Thursday as nagging concerns about the economy and the …

By Sabrina Valle and Mrinalika Roy (Reuters) -Exxon Mobil Corp said on Thursday it is merging some business units as part of an effort to cut annual costs by $9 …

By David French (Reuters) – Mortgage data vendor Black Knight Inc has decided to put its Empower loan origination software business up for sale in an effort to overcome U.S. …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell across the board on Thursday, moving in line with lower Treasury yields, as investors stuck to their views that …

By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part …

By Brendan O’Boyle and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico’s five-member governing board unanimously voted to increase the benchmark interest rate by 50 basis points to 11.00% …

(Repeats with no changes to text) By Chibuike Oguh NEW YORK (Reuters) -Apollo Global Management Inc said on Thursday its fourth-quarter adjusted net income rose 77% owing to strong earnings …

Newspapers like the Asbury Park Press, Star-Ledger, and Press of Atlantic City have for so long held their monopoly on government notices, a lucrative public mandate that has kept many …

By Laila Kearney NEW YORK (Reuters) -Crude prices eased on Thursday as oil infrastructure appeared to have escaped serious damage from the earthquake that devastated parts of Turkey and Syria, …

By Luc Cohen NEW YORK (Reuters) – A U.S. judge on Thursday extended a ban on FTX cryptocurrency exchange founder Sam Bankman-Fried’s ability to contact employees of companies he once …

By Jody Godoy (Reuters) – Meta Platforms Inc investors formally asked a U.S. appeals court to revive a proposed class action accusing the Facebook parent of concealing a serious privacy …

By Jane Lanhee Lee, Joseph White and Stephen Nellis OAKLAND, Calif/DETROIT (Reuters) -General Motors Co and chipmaker GlobalFoundries Inc on Thursday announced a long-term deal for the automaker to secure …

By David Shepardson WASHINGTON (Reuters) – A group of 34 Republican senators said on Thursday they would seek to overturn U.S. Environmental Protection Agency (EPA) rules that aim to drastically …

By Svea Herbst-Bayliss and Dawn Chmielewski (Reuters) -Activist investor Nelson Peltz on Thursday ended his quest for a board seat at Walt Disney Co after Chief Executive Bob Iger laid …

By Brendan O’Boyle (Reuters) – Peru’s economic outlook is “very uncertain,” but strong economic fundamentals could provide a buffer against prevailing risks, the International Monetary Fund (IMF) said on Thursday …

By Ananya Mariam Rajesh (Reuters) -PepsiCo Inc said on Thursday it will not raise prices of its sodas and snacks further after multiple rounds of price hikes last year helped …

CAIRO (Reuters) – Egypt’s annual urban consumer price inflation jumped to a higher-than-expected 25.8% in January, its fastest in more than five years, data from statistics agency CAPMAS showed on …

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen urged the World Bank to map out “bolder and more imaginative” steps on Thursday to address global challenges such as climate change even …

By Noele Illien and Oliver Hirt ZURICH (Reuters) – Credit Suisse Group on Thursday reported its biggest annual loss since the 2008 global financial crisis after rattled clients pulled billions …

MEXICO CITY (Reuters) -Mexican consumer prices rose in January, data from the national statistics agency showed on Thursday, inching above December readings and market expectations, likely leading the Bank of …