Category Archives:
Fortive cuts full-year profit forecast
(Reuters) - Fortive, whose industrial measurement equipment and software-enabled automation are used in a range of industries, cut its full-year profit forecast on Wednesday due to inflationary pressu...
Oct 25, 2023
Chevron target Hess beats quarterly profit estimates on production boost
(Reuters) - Oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for third-quarter profit on higher production, days after agreeing to be bought by larger U.S. rival Chevron Corp for...
Oct 25, 2023
Stellantis nears deal to buy 20% of Chinese EV maker Leapmotor- Bloomberg News
(Reuters) -Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang Leapmotor , Bloomberg News reported on Wednesday, citing people with knowledge of...
Oct 25, 2023
Roper forecasts profit above estimates as IT spend on application software picks up
(Reuters) - Software maker Roper Technologies forecast fourth-quarter profit above Wall Street targets on Wednesday, betting that clients will prioritize spending on its suite of products built for ni...
Oct 25, 2023
Norfolk Southern profit slumps, takes $163 million charge on Ohio derailment
(Reuters) - U.S. railroad operator Norfolk Southern's third-quarter profit slumped 41% on Wednesday as the company took another hefty charge related to the Eastern Ohio freight train derailment. The d...
Oct 25, 2023
UK extends deadline on in-depth probe into Adobe’s $20 billion deal for Figma
(Reuters) - Britain's competition regulator, on Wednesday, extended by eight weeks the deadline to complete its in-depth probe into Photoshop owner Adobe Inc's $20 billion buyout of cloud-based design...
Oct 25, 2023
UPDATED: PPS school bus involved in head-on crash in Peoria. Here’s what we know
UPDATED 1:10 P.M. One person was taken to a local hospital after suffering injuries in a three vehicle accident involving a school bus this (Wednesday) morning. The Peoria Fire Department says there w...
Oct 25, 2023
Payroll processor ADP tops profit estimates as strong job market aids demand
(Reuters) - Payroll processor Automatic Data Processing beat first-quarter profit estimates on Wednesday, on higher demand for its employee management services in a strong job market. The U.S. job mar...
Oct 25, 2023
U.S mortgage rates soar to highest in more than 23 years
(Reuters) - The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking its seventh straight weekly increase and driving mortgage applications to...
Oct 25, 2023
Nornickel starts sulphur dioxide capture in Russia’s most polluted city
By Anastasia Lyrchikova MOSCOW (Reuters) - Russian mining giant Nornickel launched a multi-billion dollar project on Wednesday aimed at reducing sulphur dioxide emissions by 45% in Norilsk, Russia's m...
Oct 25, 2023
Peoria, IL, USA
70 °F Sunny
