By Liz Hampton HOUSTON (Reuters) -Top energy executives and officials from around the world will descend on Houston next week just as the political fallout from Russia’s invasion of Ukraine a ye[...]
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March 2, 2023
TikTok to develop parental control tool to block certain videos
By Sheila Dang (Reuters) -TikTok said on Wednesday it is developing a tool that will allow parents to prevent their teens from viewing content containing certain words or hashtags on the short-form vi[...]
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US says military personnel suing big banks should not be forced to arbitrate
By Jonathan Stempel NEW YORK (Reuters) – The Biden administration on Thursday said military personnel should be allowed to pursue class actions accusing Citigroup Inc and American Express Co of[...]
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Nordstrom to wind down Canadian business, expects weak annual revenue
By Ananya Mariam Rajesh (Reuters) -Nordstrom Inc said on Thursday it would discontinue its Canadian operations and forecast annual revenue below analysts’ expectations, signaling high inflation[...]
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India’s Adani group gets $1.87 billion investment from U.S. firm GQG
By Navamya Ganesh Acharya, Carolina Mandl and Echo Wang BENGALURU/NEW YORK (Reuters) -U.S. boutique investment firm GQG Partners Inc has bought shares worth $1.87 billion in four Adani group companies[...]
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Brazil central bank greenlights Meta’s WhatsApp merchant payment system
SAO PAULO (Reuters) – Brazil’s central bank on Thursday approved Meta Platforms’ payments launch for small and medium-sized business in Brazil via its messaging application WhatsApp,[...]
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Costco misses quarterly revenue estimates as demand slows for discretionary goods
By Granth Vanaik (Reuters) -Costco Wholesale Corp missed second-quarter revenue estimates on Thursday, as consumers turned frugal on discretionary spending amid persistently high inflation, sending it[...]
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Dell’s tepid outlook casts pall over strong quarter
(Reuters) – Dell Technologies Inc forecast current-quarter revenue and profit below Wall Street estimates on Thursday, hit by an ongoing demand slump in its PC business due to consumers and busi[...]
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AI boost lifts Broadcom forecast amid lingering enterprise weakness
By Chavi Mehta (Reuters) -Broadcom Inc forecast second-quarter revenue above estimates on Thursday, as increased investments in artificial intelligence spur demand for its chips used in data centers.[...]
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