By David Shepardson WASHINGTON (Reuters) -The U.S. Department of Transportation (USDOT) said on Wednesday it is investigating whether Southwest Airlines engaged in “unrealistic scheduling of fli[...]
Read more
January 26, 2023
Bankrupt Brazilian retailer Americanas owes about $8 billion, court finds
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian retailer Americanas SA owes a variety of creditors around $8 billion, a Rio de Janeiro court said on Wednesday, providing the most detailed picture yet[...]
Read more
IBM cuts 3,900 jobs, misses annual cash target
By Chavi Mehta (Reuters) – IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations[...]
Read more
Levi Strauss gives upbeat 2023 sales outlook as demand holds up
By Deborah Mary Sophia and Katherine Masters (Reuters) -Levi Strauss & Co forecast annual sales above Wall Street estimates on Wednesday, banking on a stronger back-half of the year even as higher[...]
Read more