(Reuters) – Consumer lending firm Capital One Financial Corp has cut 1,100 positions in its technology segment, a person familiar with the matter told Reuters on Thursday, a move that comes as i[...]
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January 19, 2023
P&G raises sales forecast on price hikes, sees volumes fall
By Jessica DiNapoli and Uday Sampath Kumar (Reuters) – Tide detergent maker Procter & Gamble Co raised its full-year sales forecast on Thursday and said it plans to continue raising prices d[...]
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Oil prices rally to highest close since Dec. 1 on China optimism
By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% higher on Thursday, extending a recent rally built around rising Chinese demand, while the market wrote off a second straight week of large bu[...]
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Texas AG to halt most of Citigroup’s municipal offerings on gun law row
(Reuters) -Citigroup Inc has discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that “has the effect” of Texas halting Citi[...]
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U.S. dollar slumps as data continues to show slowdown; yen rises
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slid on Thursday in choppy trading, as a slew of data continued to show that the U.S. economy was slowing down in the wake of multiple[...]
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Starbucks could be forced to bargain with workers who rejected union
By Daniel Wiessner (Reuters) -A U.S. labor board official is seeking a rare order requiring Starbucks Corp to collectively bargain with workers at a Florida store, even after they voted against unioni[...]
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Fox chief Rupert Murdoch to be deposed in $1.6 billion Dominion defamation case
By Helen Coster and Jack Queen (Reuters) -Fox Corp Chairman Rupert Murdoch will be questioned under oath on Thursday and Friday in a defamation lawsuit over his network’s coverage of unfounded vote-ri[...]
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Fed’s Brainard says data may be aligning for ‘soft landing’ scenario
By Howard Schneider, Ann Saphir and Bianca Flowers WASHINGTON (Reuters) – Evidence in favor of a “soft landing” for the U.S. economy, in which inflation declines without major job lo[...]
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KKR blocks REIT withdrawals in latest redemption wave
By Chibuike Oguh NEW YORK (Reuters) – Private equity firm KKR & Co Inc has blocked investors from cashing out of its $1.6 billion non-traded real estate income trust (REIT) after withdrawal[...]
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