Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
2023-07-28 07:27
Chick-fil-A wants to send your drive-thru chicken on a conveyor belt and down a chute
Chick-fil-A is testing out two new restaurant concepts — a four-lane drive thru with a kitchen above and a walk-up store for digital orders — as it becomes the latest chain to try to get customers to skip the dining room.
2023-07-28 05:54
Ford raises annual pre-tax profit view as supply chain woes ease
(Reuters) -Ford Motor on Thursday raised its annual pre-tax profit expectation, as improving supply chains helped the automaker produce more
2023-07-28 04:45
Electric cars aren't just for the wealthy anymore
Thanks to a combination of new models, more production and new tax laws, electric vehicles are no longer just for the wealthy.
2023-07-28 01:46
Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:21
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
Mastercard demands US cannabis shops stop accepting debit cards
The issuer says its debit cards must not be used for legal cannabis, due to federal laws in the US.
2023-07-27 06:50
Semiconductors: Can India become a global chip powerhouse?
India has ambitious plans for semiconductor manufacturing, but there are challenges along the way.
2023-07-27 05:57
Facebook parent Meta forecasts quarterly revenue above estimates
By Katie Paul and Yuvraj Malik (Reuters) -Meta Platforms forecast third-quarter revenue above market expectations on Wednesday, sending shares up
2023-07-27 04:22
Analysis-Dollar’s decline throws spotlight on battered commodity currencies
By Saqib Iqbal Ahmed NEW YORK Some investors are zeroing in on the battered currencies of commodity-producing countries
2023-07-26 13:27
Analysis-Dollar slump, overcrowding complicate popular FX carry trade
By Harry Robertson, Alun John and Ankur Banerjee LONDON/SINGAPORE A slide in the dollar and signs that volatility
2023-07-26 13:20
Dollar near two-week high as Fed decision looms; Aussie falls
By Kevin Buckland TOKYO The dollar hovered close to a two-week high versus the euro on Wednesday, while
2023-07-26 10:49