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India’s Redington posts 22% fall in quarterly profit on slow tech gadget demand
CHENNAI (Reuters) - India's Redington reported a 22% decline in quarterly profit on Monday, as the technology gadgets distributor grappled with a global slowdown in demand and higher expenses. Consoli...
Nov 06, 2023
Citigroup considering at least 10% job cuts in major businesses – CNBC
(Reuters) -Citigroup's managers and consultants working on CEO Jane Fraser's reorganization have discussed job cuts of at least 10% in several major businesses, CNBC reported on Monday, citing people ...
Nov 06, 2023
Bain Capital to buy consulting firm Guidehouse in $5.3 billion deal
(Reuters) -Private equity firm Bain Capital will acquire government and business consulting firm Guidehouse in a deal valued at $5.3 billion, the companies said on Monday. Mergers and acquisitions act...
Nov 06, 2023
Bumble founder Wolfe Herd to hand over CEO role to Slack’s Lidiane Jones
(Reuters) -Dating app operator Bumble said founder Whitney Wolfe Herd will step down as chief executive and hand over the role to seasoned tech and business executive Lidiane Jones, sending its shares...
Nov 06, 2023
US-Africa program should be extended through 2041, Senate Democrat says
By Makini Brice WASHINGTON (Reuters) - A trade program that grants exports from qualifying African countries duty-free access to the U.S. market should be extended by 16 years, said Democratic Senator...
Nov 06, 2023
Bristol Myers buys Orum’s blood cancer therapy for up to $180 million
(Reuters) - Bristol Myers Squibb has acquired Orum Therapeutics' experimental therapy to treat a type of blood cancer for a total value of up to $180 million, the privately held company said on Monday...
Nov 06, 2023
Brazil govt discussing how to deal with affect of past tax changes on new fiscal rules
BRASILIA (Reuters) -Brazil's Finance Minister Fernando Haddad said the government is trying to precisely identify the impact of revenue shortfalls from past tax changes, admitting they have an "import...
Nov 06, 2023
US CDC to expand surveillance of travelers for respiratory viruses
(Reuters) - The U.S. Centers for Disease Control and Prevention (CDC) will expand its traveler-based surveillance program to include testing for respiratory viruses, partners Ginkgo Bioworks and XWELL...
Nov 06, 2023
Starbucks to raise wage for U.S. store workers by at least 3% from 2024
(Reuters) - Starbucks will raise the hourly pay for its U.S. retail workers by at least 3% from 2024, it said on Monday as it plans to expand its store count amid strong demand for its coffees from yo...
Nov 06, 2023
As devastated Acapulco rebuilds, other Mexico resorts urged to heed its lessons
By Cassandra Garrison and Dave Graham MEXICO CITY (Reuters) - Hurricane Otis not only devastated Acapulco, but also exposed fatal weaknesses in ageing infrastructure, teaching hard lessons that coasta...
Nov 06, 2023
Peoria, IL, USA
81 °F Sunny
