August 8, 2023

By Raphael Satter and Zeba Siddiqui WASHINGTON/SAN FRANCISCO (Reuters) -A hydra-headed breach centered on a single American software maker has compromised data at more than 600 organizations worldwide[...]

By Akash Sriram (Reuters) -Tesla finance chief Zachary Kirkhorn has stepped down, surprising analysts who considered the company veteran of 13 years as a possible successor to CEO Elon Musk. The world[...]

By Matt Tracy (Reuters) – The amount of U.S. corporate loans and bonds trading at distressed levels has reached its lowest in 11 months, according to a JPMorgan research report on Tuesday. As of[...]

(Reuters) – U.S. banks have started to detail the expected impact to their costs from the “special assessment” fee they have to pay to replenish the Federal Deposit Insurance Corpora[...]

By Lisa Baertlein and Priyamvada C (Reuters) -United Parcel Service cut its full-year revenue and profitability targets on Tuesday as the world’s largest package deliverer faces higher labor cos[...]

By Gus Trompiz PARIS (Reuters) -French wine production in 2023 is expected to be near the average of the last five years, with a favourable outlook in Champagne and Burgundy contrasting that in diseas[...]

By Bhanvi Satija and Mariam Sunny (Reuters) -Eli Lilly on Tuesday raised its annual forecasts as demand for new diabetes drug Mounjaro surges ahead of a decision on its use as a weight-loss treatment,[...]

By Jonathan Stempel (Reuters) – A U.S. judge rejected Google’s bid to dismiss a lawsuit claiming it invaded the privacy of millions of people by secretly tracking their internet use. U.S.[...]

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in June as businesses cut back on purchases of foreign-made capital goods, resulting in imports falling to the lo[...]