Costco earnings miss estimates as shoppers curb discretionary spending
By Granth Vanaik Costco Wholesale Corp missed estimates for quarterly earnings on Thursday as shoppers pulled back on
2023-05-26 05:58
Cineworld eyes bankruptcy exit in July as most lenders back restructuring plan
(Reuters) -Cineworld expects to emerge from Chapter 11 bankruptcy protection in July, the British cinema chain operator said on Thursday,
2023-05-25 18:47
Fitch places US on rating watch negative amid debt ceiling fight
Fitch Ratings placed the top-ranked US credit rating on rating watch negative Wednesday, reflecting the uncertainty surrounding the current debt ceiling debate and the possibility of a first-ever default.
2023-05-25 07:24
Fitch puts US on negative credit watch
(Reuters) -Ratings agency Fitch said on Wednesday it had put the United States' "AAA" rating on negative credit watch, citing
2023-05-25 07:18
Nvidia Soars After AI-Fueled Forecast Shatters Expectations
Nvidia Corp., the world’s most valuable chipmaker, jumped in late trading after booming demand for artificial intelligence processors
2023-05-25 06:56
FTC investigates what caused America's baby formula shortages
The Federal Trade Commission has launched an investigation into the protracted shortages of baby formula in the United States that left store shelves bare of the essential product for several months and created widespread anxiety among parents and caregivers.
2023-05-24 21:57
No way to police all cryptocurrency fraud, CFTC commissioner says
By Luc Cohen NEW YORK A top U.S. regulator said on Tuesday there is no way to police
2023-05-24 16:45
Eskom Latest: Food Maker Installs Solar; Bigger Cuts for Longer
South African food producer RFG Holdings Ltd. will complete solar installations at seven of its production facilities over
2023-05-24 15:15
Seven & I Board Seen Prevailing Over ValueAct at Annual Meeting
Seven & i Holdings Co. will probably have enough votes to install its proposed slate of directors at
2023-05-24 08:26
Xi’s Micron Ban Shows His Limited Options to Hit Back at US
China’s move to ban Micron Technology Inc.’s products marked its most meaningful retaliation yet against US export controls.
2023-05-24 07:51
TCS Capital calls on Yelp to explore strategic options for sale
Activist investor TCS Capital Management said on Tuesday it had built a stake in Yelp Inc and was
2023-05-23 19:23
Corporate bankruptcies are on the rise — and the pain won't end for a while
From Vice Media to Bed Bath & Beyond, bankruptcies are picking up again. Last week, corporate America had its worst 48-hour stretch of bankruptcies since at least 2008, according to Bloomberg. That's never a good comparison.
2023-05-23 04:21