Debt ceiling jitters lift US credit default swaps to highest since 2011
By Karin Strohecker, Dhara Ranasinghe and Davide Barbuscia LONDON/NEW YORK (Reuters) -Market jitters over the U.S. debt ceiling lifted the […]
Italy’s Prada to invest 60 million euros to help boost production capacity
By Elisa Anzolin VALVIGNA, Italy (Reuters) – Italy’s Prada is planning to spend 60 million euros ($66 million) on industrial
US veterans suing 3M over earplugs seek to stop unit’s ‘false alarm’ bankruptcy
By Dietrich Knauth (Reuters) -U.S. veterans and members of the military on Wednesday urged a judge to dismiss 3M’s bid
Toms River mayor says lives and property at risk after being denied $14.7 million loan
TOMS RIVER, NJ – Lives and property are at risk in Toms River. That’s what Toms River Mayor Maurice Hill
Abbott signals recovery in device sales as hospital staff shortages ease (April 19)
(This April 19 story has been corrected to say Third Bridge is an “investment research firm”, not “investment consulting firm”,
AT&T’s dismal cash flow sparks selloff in telecoms sector
By Tiyashi Datta (Reuters) -U.S. wireless carrier AT&T Inc missed market estimates for first-quarter revenue and free cash flow, underscoring
D.R. Horton forecasts upbeat revenue on strong housing demand
By Kannaki Deka (Reuters) -D.R. Horton Inc on Thursday forecast full-year revenue above estimates after reporting better-than-expected quarterly results on
Yellen: U.S. banking system remains sound
WASHINGTON (Reuters) – The U.S. banking system remains sound and the U.S. government will take “any necessary steps” to keep
Eid shopping sees sharp drop as Pakistanis feel inflation pinch
By Ariba Shahid and Mubasher Bukhari KARACHI, Pakistan (Reuters) – Retail sales in Pakistan have witnessed a sharp drop compared
AmEx’s costs, provisions cloud profit despite higher credit card use
By Siddarth S and Niket Nishant (Reuters) – American Express Co’s profit missed Wall Street estimates on Thursday despite higher