Category Archives:
CVS forecasts higher profit for 2023
(Reuters) - CVS Health Corp on Wednesday forecast its adjusted profit to be in the range of $8.70 to $8.90 per share in 2023. This is higher than the new adjusted earnings forecast of $8.55 to $8.65 p...
Syndicated Content Nov 02, 2022
VC firm Molten Ventures cuts portfolio value after tech sell-off
LONDON (Reuters) - European tech venture capital firm Molten Ventures cut the value of its portfolio by about 17%, measured in constant currency, on Wednesday to reflect the drop in public markets suc...
Syndicated Content Nov 02, 2022
Hy-Vee closing all stores on Thanksgiving
WEST DES MOINES, Iowa, — Hy-Vee announced Tuesday that it will close all of its stores on Thanksgiving Day. According to a release, it’s the first time in company’s 92-year history t...
Julia Bradley Nov 02, 2022
Canoo to build battery manufacturing facility in Oklahoma
(Reuters) -Electric vehicle startup Canoo Inc said on Wednesday it would build a battery manufacturing facility at Pryor in Oklahoma with a capacity of 320 Megawatt hours production. The company's Pry...
Syndicated Content Nov 02, 2022
U.S. Treasury says it has not decided yet on bond buyback plans
(Reuters) - The U.S. Treasury said on Wednesday it had not yet made any decision on whether or how to implement a program to buy back some of its existing bonds, a move partly aimed at improving liqui...
Syndicated Content Nov 02, 2022
U.S. private payrolls beat expectations in October – ADP
WASHINGTON (Reuters) - U.S. private payrolls increased more than expected in October, offering more evidence of labor market resilience and suggesting that the Federal Reserve could continue to aggres...
Syndicated Content Nov 02, 2022
IMF backs Latam progressive taxes, fiscal discipline
By Rodrigo Campos NEW YORK (Reuters) - The International Monetary Fund will continue to be supportive of progressive tax reforms in Latin America and the Caribbean while fiscal and monetary policies t...
Syndicated Content Nov 02, 2022
Ferrari lifts profit forecast after strong Q3, keeps cautious stance on margins
MILAN (Reuters) -Luxury sports car maker Ferrari said on Wednesday it was improving its forecasts for full-year results, including for core earnings, after beating expectations in the third quarter, s...
Syndicated Content Nov 02, 2022
Lloyd’s of London insurer Ascot says resumes Black Sea grain cover
LONDON (Reuters) - Lloyd's of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor, the facility's lead underwriter said on Wednesday. Ascot said...
Syndicated Content Nov 02, 2022
Logistics startup Flexport plans hiring spree, to double engineers in 2023
By Krystal Hu (Reuters) - Flexport, one of the most valuable logistics startups, is looking to add about 400 engineers to double its technical team by next year, a top company executive told Reuters. ...
Syndicated Content Nov 02, 2022

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