PepsiCo, retailers share purchase data to improve sales forecasting, exec says
By Richa Naidu and Jessica DiNapoli AMSTERDAM/NEW YORK (Reuters) – PepsiCo, which is overhauling some of its top brands like…
Amazon workers ‘appalled’ by AWS CEO’s return to office remarks, urge policy reversal
By Greg Bensinger (Reuters) -More than 500 Amazon.com employees sent a letter on Wednesday to the CEO of its AWS…
Eli Lilly’s weight-loss drug misses Wall Street expectations, shares tumble
(Reuters) -Eli Lilly missed Wall Street estimates for its popular weight-loss and diabetes drugs on Wednesday, hit by a decrease…
Boeing, striking union hold first meeting since latest contract rejection
By David Shepardson (Reuters) -A union representing about 33,000 striking U.S. West Coast factory workers said late on Tuesday it…
Intel set for big drop in quarterly revenue as chipmaker struggles to bounce back
By Arsheeya Bajwa (Reuters) – Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday,…
Xiaomi launches faster version of flagship EV in challenge to Tesla
BEIJING (Reuters) – Xiaomi unveiled a luxury version of its SU7 electric sports car on Tuesday, saying the $114,000 model…
McDonald’s brushes off sales hit from US E. coli outbreak, international markets weak
By Savyata Mishra (Reuters) -McDonald’s executives on Tuesday brushed off a potential sales hit from the deadly E. coli outbreak…
US interest rate options price in Republican sweep, jump in volatility
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Ahead of the U.S. presidential election next week, investors in interest rate options…
Israel signs deal to expand production of missile defence laser
JERUSALEM (Reuters) – Israel’s defence ministry said on Monday it had signed a 2 billion shekel ($536-million) deal with local…
Alphabet’s Q3 revenue growth likely to slow as competition pressures Search, YouTube
By Zaheer Kachwala and Deborah Mary Sophia (Reuters) – Alphabet will likely post its slowest revenue growth in four quarters…