Category Archives:
GM hires former Apple executive Abbott to lead software unit
(Reuters) - General Motors Co on Tuesday named former Apple Inc executive Mike Abbott to lead a division that will bring together three software functions within the company. Abbott, whose appointment...
May 09, 2023
A Minute With: Jennifer Lopez and ‘The Mother’ team on ‘badass’ moms
By Alicia Powell NEW YORK (Reuters) - Jennifer Lopez brings the action in new film "The Mother", playing an assassin who comes out of hiding in the remote wilderness to protect the daughter she was fo...
May 09, 2023
Fed’s Jefferson says economy slowing in “orderly” manner
WASHINGTON (Reuters) - The U.S. economy is slowing in an "orderly fashion" that should allow inflation to decline even as growth continues, Fed Governor Philip Jefferson said on Tuesday. "The economy ...
May 09, 2023
Global hedge fund launches at lowest level since 2017 -Preqin
By Nell Mackenzie LONDON (Reuters) - Hedge fund launches in 2023 are at their lowest level globally since 2017, data provider Preqin said, against a backdrop of banking upheaval and bouts of market vo...
May 09, 2023
Amazon begins selling toys, clothing through mobile games
By Arriana McLymore NEW YORK (Reuters) - Amazon said on Tuesday it had begun selling users of mobile games related physical items such as T-shirts and toys as it teamed up with the makers of Pokemon G...
May 09, 2023
Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
(Reuters) - GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping sales of smartphones and other consumer electronics, sending i...
May 09, 2023
U.S. home buyers persevere despite high rates, prices: study
By Nupur Anand NEW YORK (Reuters) - U.S. home buyers are still committed to their plans to buy a property despite rising interest rates, high inflation and slowing growth, according to a study by Bank...
May 09, 2023
Senators asks billionaire for list of gifts to Supreme Court Justice Thomas
WASHINGTON (Reuters) - The Senate Judiciary Committee has asked Texas billionaire Harlan Crow to detail gifts he or his companies have made to U.S. Supreme Court Justice Clarence Thomas, the panel sai...
May 09, 2023
Tempur Sealy seeks sales bounce with $4 billion deal for Mattress Firm
(Reuters) -Tempur Sealy International Inc said on Tuesday it has agreed to acquire mattress retailer Mattress Firm in a cash-and-stock deal valued at around $4.0 billion, as the leading bedding maker ...
May 09, 2023
Fox bucks ad weakness to top profit expectations
(Reuters) -Broadcaster Fox Corp beat estimates for third-quarter revenue and adjusted profit on Tuesday, as recession-wary companies continued to advertise on its network even as they cut their spendi...
May 09, 2023
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