Italy shocks banks with 40% windfall tax for 2023
By Angelo Amante, Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy dealt a surprise blow to its banks and sent
2023-08-08 19:47
Thousands of flights are delayed or canceled following severe storms
Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that hammered the eastern United Sates.
2023-08-08 19:19
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:17
Under Armour beats quarterly sales estimates on steady demand
(Reuters) -Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts upheld demand for the sportswear maker's clothes
2023-08-08 19:16
Top Lazard restructuring banker Kurtz departs for Hilco
By Mike Spector NEW YORK David Kurtz, Lazard Ltd's global head of restructuring, has agreed to join Hilco
2023-08-08 18:57
SoftBank reports mixed quarter, says 'timidly' restarting investment
By Anton Bridge TOKYO (Reuters) -Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back
2023-08-08 18:57
UPS Cuts Forecast With Labor Costs Set to Rise After Union Deal
United Parcel Service Inc. lowered its full-year profit forecast as the courier contends with shifting consumer habits and
2023-08-08 18:53
TSMC Partners With Infineon, NXP, Bosch to Build German Chip Fab
Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in
2023-08-08 18:48
Obesity Drug Wegovy Cuts Risk of Heart Attacks and Strokes by 20%, Study Shows
Novo Nordisk A/S shares surged to a record after the Danish company’s blockbuster obesity medicine Wegovy reduced the
2023-08-08 18:48
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.
2023-08-08 18:46
US small businesses feel better about the economy, but still can't find enough skilled workers
US small businesses are noticing slightly better business conditions and are feeling less pessimistic about the economy's future, but they're still gloomy when it comes to hiring, according to a survey released Tuesday by the National Federation of Independent Business.
2023-08-08 18:28
US small business confidence rises to 8-month high in July, NFIB says
By Safiyah Riddle U.S. small business confidence edged up to an eight-month high in July, as concerns about
2023-08-08 18:28