Category Archives:
Walgreens posts loss on $6.5 billion opioid litigation charge
(Reuters) - Drugstore chain Walgreens Boots Alliance Inc reported a net quarterly loss on Thursday as it took a $6.5 billion opioid litigation charge, sending its shares down nearly 2% in premarket tr...
Syndicated Content Jan 05, 2023
Heavy discounts drive record U.S. online holiday spending – report
(Reuters) - U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers used hefty discounts to lure inflation-weary consu...
Syndicated Content Jan 05, 2023
Tech firms lead companies with most December job cuts -report
By Michael S. Derby NEW YORK (Reuters) - American technology firms dominated the number of announced job cuts in December, as some employers downsized workforces to brace for the prospect of difficult...
Syndicated Content Jan 05, 2023
Kenya will not default on its debt payments -President Ruto
NAIROBI (Reuters) - Kenya will not default on its debt and plans to ramp up tax collection in the next two years, President William Ruto said on Wednesday. Ruto's government, which took over in Septem...
Syndicated Content Jan 05, 2023
Silvergate Capital’s crypto-related deposits plunge in fourth quarter
(Reuters) - Silvergate Capital Corp's crypto-related deposits plummeted in the fourth quarter, according to a preliminary earnings report on Thursday, as souring crypto sentiment following the collaps...
Syndicated Content Jan 05, 2023
Futures muted as Fed minutes confirm more tightening ahead
(Reuters) - U.S. stock index futures were muted on Thursday after the Federal Reserve's December meeting minutes showed the central bank's commitment to taming inflation, with focus turning to key emp...
Syndicated Content Jan 05, 2023
China has a 10,000 euro cost advantage in small EVs, auto supplier says
By Joseph White LAS VEGAS (Reuters) - Chinese automakers can build an electric vehicle (EV) for 10,000 euros ($10,618) less than European automakers, an overwhelming cost advantage that will put press...
Syndicated Content Jan 05, 2023
Morning Bid: Rate cut talk, already!
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe Forget peak U.S. interest rates for a minute, markets already want to know when the Federal Reserve will start making cuts -- l...
Syndicated Content Jan 05, 2023
Analysis-Democrats’ downgrade of Iowa’s role is a blow to Corn Belt, biofuels
By Jarrett Renshaw (Reuters) - The Democratic Party's unseating of Iowa from its position as host of the first U.S. presidential nominating contest every four years is a blow that could also reshape t...
Syndicated Content Jan 05, 2023
After two days of failure, U.S. House Republicans to try again to pick a leader
By Moira Warburton and Andy Sullivan WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives will try for a third day on Thursday to select a leader after six failed votes have highlig...
Syndicated Content Jan 05, 2023
Peoria, IL, USA
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