US economy beats expectations with spring surge
The world's largest economy expanded at an annual rate of 2.4% in the three months to June.
2023-07-27 21:52
Labcorp cuts 2023 profit forecast on drug development woes
Laboratory Corp of America Holdings cut its annual profit forecast on Thursday, as the clinical lab operator grapples
2023-07-27 20:45
European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
2023-07-27 20:28
Elizabeth Warren and Lindsey Graham want a new agency to regulate tech
Two US senators are calling for the creation of a new federal agency to regulate tech companies such as Amazon, Google and Meta, in the latest push by members of Congress to clamp down on Big Tech.
2023-07-27 20:18
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:28
Meta rallies as AI-powered ad sales drive 'monster' forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 9% on Thursday as a rosy revenue forecast showed that artificial intelligence
2023-07-27 19:23
Treasury Yield May Fall 150 Basis Points Next Year, Jupiter Says
Yields on 10-year Treasuries may fall as much as 150 basis points before the end of next year
2023-07-27 18:28
Former Malaysia Central Banker Deposes in Najib’s 1MDB Trial
A former Bank Negara Malaysia chief testified against the country’s ex-Prime Minister Najib Razak in a trial linked
2023-07-27 17:59
Singapore Airlines Posts Record Quarterly Profit With 98% Jump
Singapore Airlines Ltd.’s net income climbed 98% from a year earlier in the three months through June to
2023-07-27 17:56
Greece Fights Wildfires as Wind Raises Risk Across Mediterranean
Greece is fighting almost 200 wildfires as strengthening winds present an additional challenge, even as the heat wave
2023-07-27 17:26
Nestle says price rises will moderate in rest of 2023
LONDON Nestle will raise prices at a more moderate rate in the remainder of 2023, its CEO said
2023-07-27 17:17
Zara founder Ortega's real estate fortune hit $20 billion in 2022
MADRID The investment firm of Spanish billionaire Amancio Ortega, the founder of fashion giant Inditex, on Thursday reported
2023-07-27 15:29