Neiman Marcus Earnings Hit by Steep Discounts, Softer Demand
Neiman Marcus’s third-quarter earnings declined as the retailer was forced to offer more promotions to contend with weaker
2023-06-08 00:19
Pizza Hut Australia Purchased by US Group That Owns Taco Bell, Wendy’s Locations
Franchise operator Flynn Restaurant Group is acquiring Pizza Hut Australia, marking the US company’s first international acquisition. Flynn
2023-06-07 23:24
Rory McIlroy Says PGA Tour-LIV Golf Deal Is Good for Sport
Rory McIlroy, the world’s No. 3-ranked professional golfer, said the proposed partnership between the PGA Tour and Saudi-backed
2023-06-07 22:18
Yellen Sees Path to Curbing Inflation Even With Solid Jobs
Treasury Secretary Janet Yellen reiterated that she sees a “path” for inflation to come down while retaining a
2023-06-07 21:23
US Mortgage Applications for Purchases Drop for a Fourth Week
US mortgage applications for home purchases fell for a fourth week as 30-year fixed rates held close to
2023-06-07 20:22
Trafigura Traders Share $3 Billion Payout on Record Profit
Trafigura Group paid $3 billion to its top traders and executives as the commodity trading giant notched up
2023-06-07 19:47
Pence Takes On Trump, His Former Boss, for 2024 Republican Nomination
Saying “different times call for different leadership,” former Vice President Mike Pence announced that he’s challenging his former
2023-06-07 17:59
ECB’s Knot Says More Hikes May Be Needed If Inflation Stays High
European Central Bank Governing Council member Klaas Knot warned that prolonged inflation may prompt further increases in borrowing
2023-06-07 17:54
Japan’s Kishida Unveils Policy Proposal Ahead of Potential Polls
Japanese Prime Minister Fumio Kishida proposed a long list of policy targets for this year, as speculation continues
2023-06-07 17:18
Turkish Lira Plunges as State Banks Retreat From Defense
The Turkish lira plunged the most in more than a year to a new record on Wednesday as
2023-06-07 16:51
Former Diageo CEO Ivan Menezes Dies After Brief Illness
Ivan Menezes, the former Diageo Plc chief executive officer and one of the most respected bosses among the
2023-06-07 16:16
Top-Performing Fund Favors China Stocks as Bearish Tide Grows
The bearish calls against Chinese equities are growing, but one top-performing fund says any further weakness is a
2023-06-07 15:59