By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart on Thursday said U.S. consumers are acting…
Category: Business
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China’s Xi says he support Tesla’s development in the country
BEIJING (Reuters) – China’s President Xi Jinping told Tesla CEO Elon Musk that he supports…
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Target shares surge on margin improvement, inventory drawdown
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday forecast holiday-quarter profit largely…
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Microsoft introduces its own chips for AI, with eye on cost
By Stephen Nellis (Reuters) – Microsoft on Wednesday announced a duo of custom-designed computing chips,…
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As inflation cools, Fed seen pivoting to rate cuts in May
By Ann Saphir (Reuters) -Cooling inflation will allow the Federal Reserve to forgo any more…
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Boeing to boost production capacity for Patriot missile sensors
(Reuters) – Boeing said on Monday it will increase Huntsville factory production capacity for sensors…
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UAW workers at GM’s Flint plant narrowly vote against new labor deal
By Shivansh Tiwary (Reuters) -United Auto Workers (UAW) union members at General Motors’ Flint assembly…
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Wall Street soars, fueled by tech as Treasury yields calm
By Lewis Krauskopf, Amruta Khandekar and Shristi Achar A (Reuters) – Wall Street’s main indexes…
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Wynn Resorts reaches deal with Las Vegas unions, avoiding strike
By Shivansh Tiwary and Doyinsola Oladipo (Reuters) -Hospitality workers in Las Vegas reached a tentative…
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Oil prices settle up as Iraq backs more output cuts from OPEC+
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 2% on Friday as Iraq…