(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, costs for casino operations, hotel …
Costs
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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% to 7% next year as …
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(Reuters) – Caesars Entertainment reported a surprise adjusted loss in the second quarter, as revenue growth from its casino operations was offset by higher costs and interest expense, sending its …
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BEIJING (Reuters) – China will lower financing costs for firms, stabilise market expectations and support the property sector in coming months, the central bank said on Tuesday amid a flagging …
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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 went online Monday outside of …
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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, 2023 Ann Carlson, acting administrator …
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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 The Department of Energy (DOE) …
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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 Federal Reserve in the fight …
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(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 a sign that cost inflation …
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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 and avocado, drive profit margins …
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(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, which also sells scrap and …
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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 Renault to say on Thursday …
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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 2023 as commodity costs finally …
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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 prices for the red metal …
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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 Federal Reserve’s effort to tame …
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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 Hong Kong to the mainland …
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By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal …
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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 restart its interest rate hiking …
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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 major offshore wind project off …
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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 survey showed on Monday. The …
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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 nail down an estimate for …
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TRENTON, NJ – Legislators in Trenton will soon be voting to give Orsted, the foreign company seeking to build wind turbines off the coast of New Jersey even more taxpayer …
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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% from an original estimate to …
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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 to about 6% of its …
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Sen. Anthony M. Bucco said Gov. Phil Murphy continues to refuse to discuss the huge costs and State mandates likely coming down the pike as he plows forward with his …