(Reuters) -EBay forecast third-quarter profit below market expectations on Thursday as the e-commerce platform spent more to bolster categories such…
Tag: Updated
Instant view: Fed raises interest rates, leaves door open to another increase
NEW YORK (Reuters) – The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing…
GM shares fall as automaker outlines new cost-cutting drive
By Joseph White and Paul Lienert DETROIT (Reuters) -General Motors is wrestling with costs and struggling to build more electric…
TikTok launches text-only posts to rival Elon Musk’s Twitter
(Reuters) – Chinese short-video app TikTok is allowing users to create text-only posts, in the latest attempt by a social…
3M raises full-year profit forecast as cost-cut measures pay off
By Kannaki Deka (Reuters) -U.S. industrial conglomerate 3M Co on Tuesday raised its full-year profit forecast and reported better-than-expected quarterly…
Amazon lowers iRobot deal price by 15% after Roomba maker incurs fresh debt
(Reuters) -Amazon.com has slashed the price it will pay for iRobot by about 15% to around $1.42 billion after the…
AT&T investors to focus on risk from lead cables, cash flow
By Samrhitha A and David Shepardson (Reuters) -AT&T investors will watch out on Wednesday for comments from top management on…
Bayer slashes outlook as glyphosate demand weakens further
By Ludwig Burger and Thomas Escritt (Reuters) -Further deterioration in demand for glyphosate-based weed killers led Bayer to cut its…
Global shares, U.S. yields rise as investors eye rates, earnings
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets and Treasury yields rose on Monday as investors braced for interest…
Elon Musk says Twitter’s blue bird logo to be replaced by an X
By Mrinmay Dey and Michelle Conlin (Reuters) -Twitter Inc owner Elon Musk on Sunday signaled he would do more to…