Amazon Faces EU Review for $1.65 Billion iRobot Purchase
Amazon.com Inc.’s $1.65 billion planned takeover of Roomba vacuum maker iRobot Corp. faces a European Union merger review,
2023-06-02 00:59
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:28
Stellantis does not need Italy among its shareholders, Chairman Elkann says
MILAN Stellantis does not need the Italian state as a shareholder as the carmaker is in good shape,
2023-06-01 23:48
U.S. consumer outlook dims as upscale retailers, discounters slash forecasts
By Aishwarya Venugopal Weak profit forecasts from department store chain Macy's to discounter Dollar General on Thursday underscored
2023-06-01 23:19
Dollar General shareholders vote to review safety policies after 49 deaths in a decade
Dollar General investors approved a resolution Wednesday to create an independent audit of the chain's safety policies because of violence at stores and millions of dollars in fines for workplace safety violations.
2023-06-01 23:16
Pet Retailer Chewy Soars as Recurring-Purchase Program Drives Sales
Chewy Inc. stock surged the most in almost four years after the pet-products retailer beat sales expectations. It
2023-06-01 22:16
Macy’s Falls After Cutting Outlook as Demand Trends Worsen
Macy’s Inc. said earnings will be weaker than previously expected for the full-year, underscoring the uncertainty around US
2023-06-01 21:29
Credit Suisse has paid back government-backed liquidity- Swiss finance minister
By Noele Illien and Stefania Spezzati ZURICH (Reuters) -Credit Suisse has repaid the liquidity backed by the Swiss government, Finance
2023-06-01 21:17
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:26
What to expect from Friday's jobs report
Areas of the US economy have started to crack under the weight of persistently high inflation and a string of 10 consecutive rate hikes from the Federal Reserve.
2023-06-01 20:24
Macy's cuts annual forecasts as customers curb spending, shares fall
Macy's Inc on Thursday cut full-year sales and profit forecasts, hurt by a slowdown in demand for high-end
2023-06-01 19:29
Dollar General cuts annual forecasts as American shoppers turn cautious
Dollar General Corp cut its full-year same-store sales and profit forecasts on Thursday as inflation-hit Americans, discouraged by
2023-06-01 19:19