‘Cast A Long Shadow’: UAW Strike Costs Billions In Losses With No End In Sight Will Kessler on October 7, 2023 The United Auto Workers (UAW) strike has caused billions …
Costs
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By Jose Luis Gonzalez and Brendan O’Boyle MEXICO CITY (Reuters) – Trucks attempting to enter the United States from Mexico queued for miles on Wednesday amid delays related to record …
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By Xinghui Kok SINGAPORE (Reuters) – To own a car in Singapore, a buyer must bid for a certificate that now costs $106,000, equivalent to four Toyota Camry Hybrids in …
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MEXICO CITY (Reuters) – The costs of spiking migration for a key Mexican border state due to a sharp downturn in U.S.-bound cargo trucks total nearly $1 billion over about …
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(Reuters) – Robinhood Markets expects a $100-million charge in the third quarter to resolve some legal and regulatory matters that were previously disclosed, the trading app operator said on Friday. …
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By Darya Korsunskaya and Alexander Marrow (Reuters) – Russia’s annual budget spending on servicing its state debt will more than double to 3.32 trillion roubles ($34.24 billion) between now and …
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(Reuters) – Athletic-wear retailer Dick’s Sporting Goods said on Tuesday it would recruit 8,600 workers across the United States for the holiday shopping season, less than its proposed hiring for …
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(Reuters) – Rising wage costs and higher investment spending by Australian banks pose headwinds that could potentially impact the sector’s earnings by up to 10% in the near term, analysts …
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By Matt Tracy (Reuters) – U.S. hotel owners could see greater pressure on their ability to service the loans backing their properties, as a decline in leisure stays coupled with …
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By Matt Tracy (Reuters) – U.S. junk-rated companies are using a more favorable debt issuance window this year to extend billions of dollars of short-term liabilities. But they were doing …
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By Michael S. Derby NEW YORK (Reuters) – Federal Reserve losses breached the $100 billion mark, central bank data released on Thursday showed, and they’re likely to go a lot …
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‘You’re Not Going To Have Deliveries’: Former Trump Official Predicts Higher Costs From Biden’s Electric Truck Push Harold Hutchison on September 8, 2023 A former Trump administration official predicted that …
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By Deborah J. Nelson, Ryan McNeill and Helen Reid LONDON (Reuters) – Health officials from around the world, as they gather to discuss a treaty addressing pandemic prevention next week, …
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By Jonathan Cable LONDON (Reuters) – British home prices will fall 4% this year, more than was thought a few months ago, as high interest rates and living costs keep …
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TOKYO (Reuters) – Japan’s factory activity shrank for a third straight month in August, a survey showed on Friday, as manufacturers were squeezed by cost pressures from raw material inflation …
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By Matt Tracy (Reuters) – Hurricane Idalia is expected to increase insurance costs for Florida commercial real estate (CRE), particularly owners of apartments and other multifamily properties already grappling with …
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By Mark Miller (Reuters) – An important Biden administration effort to control the soaring cost of prescription drugs made headlines this week – but drug costs are just one part …
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By Deborah Mary Sophia (Reuters) – Campbell Soup forecast annual profit largely above Wall Street estimates on Thursday, encouraged by easing costs and steady demand for its snacks even as …
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(Reuters) – Jif peanut butter maker J.M. Smucker on Tuesday raised its annual profit forecast on higher prices of its jams, jellies and pet food products as well as moderating …
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(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 for the second quarter. The …
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By Sarah Morland and Marion Giraldo (Reuters) – Colombian financial conglomerate Grupo Aval on Thursday cut its 2023 loan growth forecast and hiked its cost of risk estimate, a day …
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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 high interest rate for hitting …
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(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 trading. The company also unveiled …
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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, Guardians of the Galaxies, and …
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By Nate Raymond BOSTON (Reuters) – Harvard University on Wednesday lost a bid for an insurer to cover up to $15 million of the costs of defending itself in a …