Category Archives:
U.S. small business sentiment drops near 9-1/2-year low in June- NFIB
WASHINGTON (Reuters) - U.S. small-business confidence dropped to the lowest level in nearly 9-1/2 years in June amid concerns about inflation, but demand for labor remained solid as businesses continu...
Jul 12, 2022
Demand, costs in focus as U.S. airlines report earnings
By Rajesh Kumar Singh CHICAGO (Reuters) - Major U.S. airlines are poised to post their strongest earnings since the start of the pandemic when they report quarterly results starting on Wednesday. But ...
Jul 12, 2022
PepsiCo raises annual revenue forecast on resilient snacks, soda demand
(Reuters) - PepsiCo Inc raised its full-year revenue forecast on Tuesday, helped by sustained demand for sodas and snacks even in the face of rising prices. Packaged food makers have so far felt littl...
Jul 12, 2022
U.S. Capitol riot probe turns focus to Trump allies and extremist groups
By Patricia Zengerle WASHINGTON (Reuters) - Congressional investigators into the Jan. 6, 2021, attack on the U.S. Capitol on Tuesday will seek to draw connections between then-President Donald Trump's...
Jul 12, 2022
Walmart to expand its delivery fleet with EVs from Canoo
(Reuters) - Walmart Inc has signed a deal with electric vehicle maker Canoo Inc to purchase delivery vehicles as part of the U.S. retailer's goal to achieve zero emissions by 2040. Walmart will buy 4,...
Jul 12, 2022
President Biden faces deadline in U.S. railroad labor standoff
By Lisa Baertlein LOS ANGELES (Reuters) - U.S. President Joe Biden faces a deadline next week to intervene in nationwide U.S. railroad labor talks covering 115,000 workers, or open the door to a poten...
Jul 12, 2022
Amazon issued 13,000 disciplinary notices at single U.S. warehouse
(Note: This story has strong language in paragraph 28) By Jeffrey Dastin NEW YORK (Reuters) - Amazon worker Gerald Bryson had hand-counted thousands of items in his warehouse's inventory over three da...
Jul 12, 2022
Computer chips face toilet paper hoarding moment as shortage turns to glut
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. Al...
Jul 12, 2022
Analysis-Spirit Airlines winning bidder may need years to recoup price tag
By Angelique Chen, Anirban Sen and David Carnevali (Reuters) - The bidding war for Spirit Airlines Inc between Frontier Group Holdings Inc and JetBlue Airways Corp may leave the acquirer taking years ...
Jul 12, 2022
Analysis-Investors wary of cheap U.S. bank stocks on recession fears
By Sinad Carew (Reuters) - Investors are bracing for a fresh slide in banking stocks, with fears of a hit from a potential recession outweighing the lure of relatively cheap valuations and a strong lo...
Jul 12, 2022
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