Kraft Heinz forecasts slower annual sales growth on tepid demand
By Savyata Mishra and Anuja Bharat Mistry (Reuters) -Kraft Heinz forecast its annual core sales to grow at a slower…
Category: Business
Oil up on geopolitical tension, gains capped by fading Fed rate-cut hopes
By Georgina McCartney Houston (Reuters) -Oil prices settled higher on Tuesday as geopolitical tensions continued in the Middle East and…
Boeing, pressured over 737 MAX 9 blowout, says January deliveries shrank 29%
By Valerie Insinna WASHINGTON (Reuters) – Boeing said on Tuesday it delivered 27 airplanes in January, which was down 29%…
Coca-Cola revenue tops estimates on robust demand, higher prices
By Ananya Mariam Rajesh (Reuters) -Coca-Cola surpassed Wall Street expectations for fourth-quarter revenue on Tuesday, as it benefits from higher…
Bitcoin hits $50k level for first time in more than two years
By Hannah Lang and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -Bitcoin hit the $50,000 level for the first time in more than…
NYCB shares end lower as earlier gains evaporate
(Reuters) -New York Community Bancorp shares gave up earlier gains to close with a small loss on Monday, though some…
Arm Holdings jumps over 40%, adds to staggering AI-powered rally
By Noel Randewich (Reuters) – Shares of Arm Holdings surged more than 40% on Monday, adding to a staggering rally…
Gilead to buy CymaBay for $4.3 billion in bets on liver disease treatment
By Bhanvi Satija (Reuters) -Gilead Sciences has agreed to buy CymaBay Therapeutics for $4.3 billion, gaining access to an experimental…
Tesla temporarily slashes prices for some Model Y cars in the US
(Reuters) -Tesla Inc has temporarily cut prices of some of its Model Y cars in the U.S. until Feb. 29,…
Megacaps rally pushes S&P 500 to first close above 5,000 milestone
By Sinéad Carew and Sruthi Shankar (Reuters) -S&P 500 closed above 5,000 for the first time on Friday and Nasdaq…