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Foot Locker slumps as weak demand, heavy discounts drive annual forecast cut
(Reuters) - Shares of Foot Locker Inc plunged 25% premarket on Friday, after the footwear retailer cut its annual sales and profit forecasts reeling under a sharp drop in demand and a hit from heavy d...
Syndicated Content May 19, 2023
In New Mexico, an unlikely wildfire thinning alliance
By Andrew Hay TAOS, N.M. Reuters) - A unexpected alliance between traditional woodcutters and federal land managers in New Mexico could provide a model for a push by President Joe Biden's administrati...
Syndicated Content May 19, 2023
Japan’s Hitachi Astemo flags lapses in quality tests over decades
TOKYO (Reuters) - Japanese automotive supplier Hitachi Astemo said on Friday it found misconduct over testing and other procedures for components had lasted as long as four decades, affecting a much w...
Syndicated Content May 19, 2023
Exclusive-Staff at top U.S. farm research center file complaint alleging unsafe work conditions
By Leah Douglas (Reuters) - Three employees of the largest agricultural research facility in the U.S. have filed federal whistleblower complaints alleging that the facility's conditions are hazardous ...
Syndicated Content May 19, 2023
‘ESG’ in U.S. finance job titles comes with 20% pay premium
By Isla Binnie NEW YORK (Reuters) - U.S.-based bankers and money managers whose job titles include "ESG" or "sustainability" earn on average around 20% higher base salaries than colleagues of the same...
Syndicated Content May 19, 2023
Tesla ‘serious’ on establishing India production, innovation base, minister says
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - Tesla Inc is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters ...
Syndicated Content May 19, 2023
Samsung not planning to replace Google with Bing in phones – WSJ
(Reuters) - Samsung Electronics will not change the default search engine on its smartphones from Google to Microsoft Corp's Bing any time soon, the Wall Street Journal reported on Friday, citing peop...
Syndicated Content May 19, 2023
Factbox: Companies sell their businesses in Russia
(Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the Ukraine conflict and deal with thr...
Syndicated Content May 19, 2023
China will resolutely curb large fluctuations in exchange rate – central bank
BEIJING (Reuters) - China will resolutely curb large fluctuations in the exchange rate and study the strengthening of self-regulation of dollar deposits, the central bank said on Friday. The comment c...
Syndicated Content May 19, 2023
Investors still pouring into cash, but pace slows – BofA
By Lucy Raitano LONDON (Reuters) -Investors pumped $25.1 billion into cash in the week to Wednesday, but the flow into cash funds has slowed recently, reflecting a greater degree of investor confidenc...
Syndicated Content May 19, 2023

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