By Hilary Russ and Uday Sampath Kumar (Reuters) -Chipotle Mexican Grill Inc missed quarterly comparable sales and profit expectations on Tuesday, as customers pulled back on expensive delivery orders[...]
Read moreFebruary 7, 2023
Factbox-How to get Microsoft’s new AI-enhanced Bing
(Reuters) – Microsoft Corp on Tuesday unveiled a juiced-up version of its Bing search engine and Edge Web browser, powered by an upgraded version of ChatGPT’s underlying technology. The la[...]
Read moreFlorida state court system, US, EU universities hit by ransomware outbreak
By James Pearson and Raphael Satter LONDON/WASHINGTON (Reuters) -A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the United St[...]
Read moreGlobal hedge funds gain in January, but not as much as stock market, HFR says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds posted a solid 2.8% gain in January, but they missed out on the stellar rally that broader stock market indexes posted to start the year[...]
Read moreEbay to lay off 500 employees
(Reuters) – E-commerce firm eBay Inc said on Tuesday it will lay off 500 employees globally, representing 4% of its total workforce. Shares of the San Jose, California-based company rose about 1[...]
Read moreCentene warns of hit to fast-growing Medicare Advantage business next year
By Raghav Mahobe and Nandhini Srinivasan (Reuters) -Centene Corp on Tuesday said profit at its fast-growing Medicare Advantage (MA) business will take a beating in 2024 due to a sharp cut in its ratin[...]
Read moreUnilever to build Mexico plant as part of $400 million investment
MEXICO CITY (Reuters) – Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as part of a $400 million investment in the country over the next three year[...]
Read moreStocks rise, dollar slips on Powell comments seen as dovish
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose and the dollar fell on Tuesday, reversing earlier moves, as the market perceived comments by the Federal Reserve c[...]
Read moreMarketmind: Powell has spoken – bullish or bearish?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Fed Chair Jerome Powell has spoken and luckily for bulls and bears, there was something for everyone,[...]
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