Category Archives:
U.S. will not challenge Amazon.com’s plan to buy One Medical — FTC official
WASHINGTON (Reuters) - The U.S. Federal Trade Commission will not file a complaint in a bid to block Amazon.com's plan to buy primary care provider One Medical, an FTC official said on Tuesday. Amazon...
Feb 21, 2023
Marketmind: Boomtime stats
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. U.S. economic activity indicators on Tuesday accelerated the relentless march higher in U.S. interest rate e...
Feb 21, 2023
Australia’s Woolworths first-half profit jumps, inflation pressures loom
(Reuters) -Top Australian grocer Woolworths Group Ltd joined smaller rival Coles Group to warn rising wages and energy bills were pushing up costs, even as it posted a 25% rise in first-half profit on...
Feb 21, 2023
Bath & Body Works adds second new director amid pressure from Third Point
By Svea Herbst-Bayliss NEW YORK (Reuters) -Bath & Body Works on Tuesday named a veteran chief financial officer with expertise in capital allocation as a new director, marking the second time in two w...
Feb 21, 2023
Palo Alto Networks sees strong year on solid demand for cybersecurity
(Reuters) -Palo Alto Networks Inc raised its full-year profit forecast on Tuesday as spending on cyber-security products stays strong in the face of a turbulent economy, sending the company's shares u...
Feb 21, 2023
CoStar forecasts weak revenue as consumers cut spending on real estate
(Reuters) -Apartments.com owner CoStar Group on Tuesday forecast first-quarter revenue below Wall Street estimates, as inflation-wary people are spending less on real estate. Shares of the company, wh...
Feb 21, 2023
Coinbase swings to quarterly loss as crypto winter hits trading volumes
(Reuters) -Coinbase Global Inc reported a loss for the fourth quarter on Tuesday, as trading volumes at the cryptocurrency exchange came under pressure from an industry-wide downturn triggered by a st...
Feb 21, 2023
Northern Ireland’s DUP leader says more work needed to solve post-Brexit trade row
LONDON (Reuters) - The leader of Northern Ireland's largest unionist party said on Tuesday there was still work to be done to find a resolution to a dispute between Britain and the European Union over...
Feb 21, 2023
McKinsey plans to cut 2,000 jobs in one of its biggest layoffs – Bloomberg News
(Reuters) -Consulting giant McKinsey & Co is planning to cut about 2,000 jobs, in one of its biggest round of layoffs, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. T...
Feb 21, 2023
Feuding law firms in Facebook antitrust case told to make peace
By Mike Scarcella (Reuters) - A U.S. judge on Tuesday appointed two prominent U.S. law firms as co-leaders of consumer claims against Meta Platforms Inc's Facebook, saying he hoped they would put asid...
Feb 21, 2023
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