GM says pretax earnings took $1.1B hit from autoworkers strike, but says it can absorb costs of deal
General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend
2023-11-29 19:59
Dollar Tree trims annual sales forecast as customers spend less at its stores
Dollar Tree trimmed its full-year sales forecast on Wednesday, signaling that persistent inflation was weighing on demand for
2023-11-29 19:54
GM to buy back $10 billion in shares, cut Cruise spending
By David Shepardson General Motors said on Wednesday it will buy back $10 billion in shares and boost
2023-11-29 19:52
GameStop shares climb on strong volume
Shares of retail traders' darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to build
2023-11-29 19:46
Walmart shifts to India from China for cheaper imports
By Richa Naidu and Siddharth Cavale LONDON/NEW YORK Walmart is importing more goods to the United States from
2023-11-29 19:28
Germany faces 'high double-digit billion' gap in 2024 budget -SPD politician
BERLIN The German government must fill a "high double-digit billion" gap in the 2024 budget after a court
2023-11-29 19:26
Emirati-designated COP28 leader forcefully denies report UAE wanted to seek oil deals in summit
The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deal, a day before the summit was due to being
2023-11-29 19:26
Toyota group to sell 8% Denso stake, investors want more unwinding
By Daniel Leussink TOKYO (Reuters) -Toyota and two affiliates will divest at least 8% of supplier Denso, the companies said
2023-11-29 19:25
US Supreme Court weighs legality of SEC in-house enforcement
By Andrew Chung and John Kruzel WASHINGTON The U.S. Supreme Court is poised on Wednesday to consider the
2023-11-29 19:22
Bitcoin Group: taking steps against money-laundering, terrorist financing
BERLIN Germany's Bitcoin Group said on Wednesday it was taking measures to improve its internal control system, after
2023-11-29 18:46
The world economy will slow next year because of inflation, high rates and war, OECD says
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates
2023-11-29 18:24
German GDP to expand in 2024, but court ruling could lower growth - OECD
BERLIN The German economy is projected to grow by 0.6% in 2024 and 1.2% in 2025, after contracting
2023-11-29 18:24