(Reuters) – Dick’s Sporting Goods shares slumped as much as 24.5% on Tuesday as the footwear retailer slashed its full-year profit target after missing expectations …
By Sarah Morland and Marion Giraldo (Reuters) – Colombian financial conglomerate Grupo Aval on Thursday cut its 2023 loan growth forecast and hiked its cost …
SAO PAULO (Reuters) – Brazilian retailer Magazine Luiza reported on Monday a second-quarter adjusted net loss of 198.8 million reais ($40 million), blaming the country’s …
(Reuters) – Electric-vehicle maker Canoo posted a smaller-than-expected quarterly loss on Monday on lower research and development costs, sending its shares up 2% in extended …
If you’re a Disney fan in New Jersey, you’re familiar with the company’s extensive use of AI in hit movies like Star Wars, Indiana Jones, …
By Nate Raymond BOSTON (Reuters) – Harvard University on Wednesday lost a bid for an insurer to cover up to $15 million of the costs …
SYDNEY (Reuters) – Australian business conditions again proved solid in July with sales, profits and employment all above average, while a spike in labour costs …
By Doyinsola Oladipo and Granth Vanaik NEW YORK (Reuters) – Cruise vacations in the past year have emerged as a popular option among consumers in …
WASHINGTON (Reuters) – U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the …
(Reuters) – Engine maker Cummins reported a second-quarter profit on Thursday that missed analysts’ estimates, hurt by high manufacturing costs. The company’s shares fell 3.8% …
(Reuters) – MGM Resorts International beat Wall Street profit estimates for the second quarter on Wednesday, as visitor rebound in China surpassed pre-pandemic levels. However, …
By Arathy Somasekhar HOUSTON (Reuters) – U.S. oil and gas company Chesapeake Energy on Wednesday said it expects deflation in oilfield service costs by 5% …
(Reuters) – Caesars Entertainment reported a surprise adjusted loss in the second quarter, as revenue growth from its casino operations was offset by higher costs …
BEIJING (Reuters) – China will lower financing costs for firms, stabilise market expectations and support the property sector in coming months, the central bank said …
New Nuclear Reactor Goes Online After Years Of Delays And Bloating Costs Nick Pope on July 31, 2023 The Plant Vogtle Unit 3 nuclear reactor …
Biden Bureaucrat Has Supported Higher Energy Costs To Push The Green Transition. She’s On Her Way With A New Rule Nick Pope on July 31, …
Biden Admin Is One Step Closer To Paying You With Your Own Money To Cover Costs They Are Creating Nick Pope on July 28, 2023 …
WASHINGTON (Reuters) – U.S. labor costs increased less than expected in the second quarter as wage growth cooled a bit, offering a boost to the …
(Reuters) – Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state California from Oct. 1, in …
By Deborah Mary Sophia and Kailyn Rhone (Reuters) – Major U.S. restaurant chains including burger giant McDonald’s saw lower ingredient costs, especially for chicken, cheese …
(Reuters) – Auto parts distributor LKQ Corp lowered its full-year profit and sales guidance on Thursday, as falling commodity prices drag down growth prospects. LKQ, …
By Gilles Guillaume and Giulio Piovaccari PARIS (Reuters) – Western automakers are fretting about an “invasion” of cheap Chinese electric cars in Europe, prompting France’s …
By Deborah Mary Sophia (Reuters) – Restaurant chains including McDonald’s and Chipotle Mexican Grill are expected to report strong profits in the second half of …
By Arshreet Singh (Reuters) – Major North American copper miners are likely to report a fall in second-quarter profits, as global growth concerns dented realized …
By Safiyah Riddle (Reuters) – A surge in U.S. rental home construction could soften rent prices in the months ahead, a much-awaited milestone in the …
By Selena Li and Xie Yu HONG KONG (Reuters) – China’s CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in …
By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing …
TORONTO (Reuters) – Greater Toronto Area (GTA) home prices fell in June, the first drop in five months, as the Bank of Canada’s move to …
Biden Admin Greenlights ‘Massive’ New Jersey Offshore Wind Project Despite Rising Costs Nick Pope on July 5, 2023 The Biden administration on Wednesday approved a …
By Andy Bruce LONDON (Reuters) – The pace of decline in Britain’s manufacturing sector steepened in June and optimism faded despite weakening price pressures, a …
Navy Struggles To Get A Handle On Skyrocketing Shipyard Upgrade Costs, Watchdog Finds Micaela Burrow on June 28, 2023 The U.S. Navy is struggling to …
TRENTON, NJ – Legislators in Trenton will soon be voting to give Orsted, the foreign company seeking to build wind turbines off the coast of …
By Kylie Madry (Reuters) – Costs of the first phase of construction at American Lithium’s Falchani lithium mine in Peru likely have risen some 20% …
By Anton Bridge TOKYO (Reuters) – The Japanese operator of McDonald’s restaurants said on Monday it would raise prices at 184 city centre branches, equivalent …
By Jan Schwartz and Victoria Waldersee (Reuters) – Volkswagen will face investors hungry for answers at its capital markets day next Wednesday on how it …
Republican Senators Introduce Massive Education Package Targeting Higher Education Costs, Loan Debt Reagan Reese on June 14, 2023 Several Republican senators introduced an education package …
By Gus Trompiz PARIS (Reuters) – Record pig prices could have spurred farmers like Carole Joliff to expand their herd, but costly livestock regulations, flagging …
Rising U.S. labor costs are doing little to drive up inflation, researchers from the Federal Reserve Bank of San Francisco said on Tuesday, a finding …
SEOUL (Reuters) – South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people’s living costs, …
New Biden Admin Mandate Will Raise Costs On Mobile Homeowners For ‘Zero’ Climate Benefit, Experts Say John Hugh DeMastri on May 21, 2023 The Biden …
Male Runner Costs High School Girl Chance At State Track Meet Alexa Schwerha on May 22, 2023 A transgender athlete will advance to the state …
By Ananya Mariam Rajesh (Reuters) – Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed by budget-conscious customers increasingly shopping …
SHANGHAI/BEIJING (Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover from a long sales slump …
By Angeliki Koutantou and Lefteris Papadimas ATHENS (Reuters) – Fourteen years after a debt crisis that saw Greece nearly crash out of the euro, single …
By Allison Lampert, Abhijith Ganapavaram and Valerie Insinna MONTREAL/WASHINGTON (Reuters) – The CEO of Canadian aerospace supplier Abipa International would not negotiate further when a …
By Roberto Samora and Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s largest meat company, on Thursday reported a net loss of 1.45 …
By Sarah Wu TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Thursday that while war in Ukraine has impacted the company’s costs, customers need not …
(Reuters) – International Flavors & Fragrances cut its annual sales forecast and reported a quarterly loss on Monday, compared with a year-ago profit, as soaring …
WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half of 2022, boosting labor costs, …