Category Archives:
PepsiCo raises annual revenue, profit forecasts on price hikes, steady demand
(Reuters) - PepsiCo Inc on Thursday raised its annual revenue and profit forecasts for the second time, banking on resilient demand for its snacks and beverages as well as price hikes. Shares rose 2% ...
Jul 13, 2023
IMF sees ‘pockets of resilience,’ slowing momentum in global economy
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections in its April forecasts, but data since then has s...
Jul 13, 2023
Futures point to more gains on Wall St as inflation eases
(Reuters) - U.S. stock index futures edged higher on Thursday following a sharp rally on Wall Street in the previous session as data showed inflation was cooling, with investors looking ahead to produ...
Jul 13, 2023
Analysis-Partnering with Coinbase could hinder bid for bitcoin ETF approval
By John McCrank and Michelle Price WASHINGTON (Reuters) - Partnering with Coinbase Global may hinder rather than help Nasdaq's bid to win regulatory approval for a bitcoin exchange-traded-fund it want...
Jul 13, 2023
Marketmind: Markets bet July 2023 is ‘peak Fed’
A look at the day ahead in U.S. and global markets from Mike Dolan Surprise news of a 2%-plus print on U.S. headline inflation rate for June has world markets betting the peak of the Federal Reserve's...
Jul 13, 2023
US FTC chair to face questions on court losses in congressional hearing
By Diane Bartz WASHINGTON (Reuters) - Lina Khan, the progressive head of the U.S. Federal Trade Commission, goes before a Republican-led House committee on Thursday where she will likely face tough qu...
Jul 13, 2023
AI startups bringing dollars but lean workforces to ailing San Francisco
By Anna Tong SAN FRANCISCO (Reuters) - In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Franci...
Jul 13, 2023
Explainer-Hollywood actors’ strike: How would it hit TV shows and movies?
LOS ANGELES (Reuters) - Thousands of Hollywood film and television actors may go on strike from Thursday, joining writers who walked off the job 11 weeks ago. How would a walkout by the Screen Actors ...
Jul 13, 2023
Italy looking to boost loyalty shares scheme to help Milan bourse
By Giuseppe Fonte ROME (Reuters) - Italy is looking to boost the ability of listed companies to issue shares with enhanced voting rights, a Treasury official said on Thursday, as part of efforts to st...
Jul 13, 2023
Mitsubishi’s China JV to cut staff costs after SUV sales dive
BEIJING/SHANGHAI (Reuters) - Mitsubishi Motors' joint venture with China's Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs in an attempt to turn the company around after sha...
Jul 13, 2023
Peoria, IL, USA
63 °F Rain, Mist
