By Ally Levine, Anurag Rao, Adolfo Arranz and Dea Bankova (Reuters) – As Walt Disney turns 100, investors worry it’s…
Category: Uncategorized
Automakers oppose Cleveland-Cliffs push to buy U.S. Steel
By David Shepardson WASHINGTON (Reuters) -A group representing major automakers on Tuesday said the industry opposes steelmaker Cleveland-Cliffs’ proposed acquisition…
US seeks to block JetBlue’s Spirit Airlines deal at trial
By Nate Raymond BOSTON (Reuters) -The U.S. argued on Tuesday that JetBlue Airways’ planned $3.8 billion acquisition of ultra-low-cost carrier…
Walmart to upgrade 1,400 stores with $9 billion investment
By Siddharth Cavale NEW YORK (Reuters) – U.S. retail chain Walmart on Monday said it is investing more than $9…
Caterpillar shares fall on equipment demand concerns despite earnings beat
By Bianca Flowers and Shivansh Tiwary (Reuters) -Caterpillar reported a double-digit rise in profit on Tuesday, beating Wall Street estimates…
Pinterest soars on rising Gen Z engagement, ad market rebound
By Samrhitha A (Reuters) -Shares of Pinterest surged 17% on Tuesday after a strong quarterly performance indicated that the image-sharing…
Pinterest beats quarterly estimates on ad market recovery; shares up (Oct. 30)
(This Oct. 30 story has been corrected to add the dropped word ‘expansion’ in paragraph 2) (Reuters) – Pinterest beat…
G7 plan to ban Russian diamonds to further dim industry sparkle
By Polina Devitt, Clara Denina and Mimosa Spencer LONDON/PARIS (Reuters) – The global diamond sector is scrambling to get ahead…
Apple revamps Mac lineup and pricing with new family of chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Apple on Monday introduced new MacBook Pro and iMac computers and three new chips…
Biden administration aims to cut AI risks with executive order
By Jeff Mason, Trevor Hunnicutt and Alexandra Alper (Reuters) -U.S. President Joe Biden is seeking to reduce the risks that…