Category Archives:
Investors cool towards private credit and passive equities, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) -Big investors are turning more cautious on areas such as passive equities and private credit this year and are more interested in hedge funds as a sector than they ...
Thomson Reuters 12h ago
Bombardier to grow private jet aftermarket service across US
By Allison Lampert and Aatreyee Dasgupta MONTREAL (Reuters) -Bombardier said on Thursday it would expand existing service centers and likely open new ones in the United States to drive higher revenues...
Thomson Reuters 12h ago
Martin Marietta second-quarter profit rises on infrastructure demand
(Reuters) -Martin Marietta Materials posted a 12% rise in second-quarter profit on Thursday, aided by stronger pricing and infrastructure demand. Higher demand for data centers powering artificial int...
Thomson Reuters 12h ago
US jobless claims tick up in latest week; productivity improves in second quarter
By Dan Burns (Reuters) -The number of Americans filing new applications for unemployment benefits ticked higher last week, suggesting the labor market was largely stable even though job creation is we...
Thomson Reuters 13h ago
Peloton to cut more jobs, forecasts strong 2026 revenue; shares soar
(Reuters) -Peloton Interactive forecast 2026 revenue above estimates and said it would cut 6% of its global workforce to boost cost savings under an ongoing turnaround effort, sending the exercise-bik...
Thomson Reuters 13h ago
Froot Loops maker WK Kellogg reports downbeat quarterly results on demand decline
(Reuters) -WK Kellogg reported second-quarter results below estimates on Thursday, hurt by soft demand for its packaged breakfast cereal amid macroeconomic uncertainty. Customers have cut back spendin...
Thomson Reuters 13h ago
Ripple to buy stablecoin platform Rail for $200 million
By Hannah Lang (Reuters) -Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectation...
Thomson Reuters 13h ago
Fed's Powell has 'utmost integrity', says Bank of England's Bailey
LONDON (Reuters) -U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, following sharp criticism of Powell's performance by U.S. Presid...
Thomson Reuters 13h ago
Ralph Lauren lifts annual revenue view on demand from affluent shoppers
(Reuters) -Ralph Lauren raised its annual revenue forecast on Thursday, signaling robust demand from affluent shoppers for its Polo shirts and cable-knit sweaters in North America, Europe and Asia. Sh...
Thomson Reuters 13h ago
Zimmer Biomet raises annual profit forecast on strong demand for medical devices
(Reuters) -Zimmer Biomet Holdings raised its full-year adjusted profit forecast and beat second-quarter earnings expectations on Thursday, bolstered by accelerating demand for its hip and knee implant...
Thomson Reuters 13h ago

Peoria, IL, USA
81 °F Partly Cloudy