By Deborah Mary Sophia (Reuters) -Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand from wealthy shoppers helped the company defy an inflation-dr[...]
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May 31, 2023
Salesforce posts slowest quarterly revenue growth since 2010
By Tiyashi Datta (Reuters) -Salesforce Inc posted an 11% rise in quarterly revenue, its slowest pace of growth in 13 years, as companies dialed back spending on cloud-based software offerings in an un[...]
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OPEC has not invited Reuters, Bloomberg to report on weekend policy meets
DUBAI/LONDON (Reuters) -OPEC has not invited Reuters or Bloomberg news agencies to report on ministerial meetings in Vienna this weekend to discuss future oil policy, according to reporters, Bloomberg[...]
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McConnell says he expects debt ceiling bill to pass House on Wednesday
WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said he expected the debt ceiling bill to pass the House of Representatives on Wednesday and come to the Senate as soon as Th[...]
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Exclusive-US set to allow GE to make engines in India for New Delhi’s military jets
By Trevor Hunnicutt, Krishn Kaushik and Rajesh Kumar Singh WASHINGTON/NEW DELHI (Reuters) – The Biden administration is poised to sign off on a deal that would allow General Electric Co to produ[...]
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Bankman-Fried hints at blame-the-lawyers defense in criminal case
By Alison Frankel (Reuters) – Indicted FTX founder Sam Bankman-Fried seems to be gearing up to blame the lawyers who helped him establish the crypto exchange. That’s the subtext of a motion file[...]
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Marketmind: June starts on a nervous note
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A batch of purchasing managers index reports from across the Asia-Pacific region will offer local mark[...]
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Ex-JPMorgan executive wrote Epstein ‘should not be a client’ in 2011 email -deposition
NEW YORK (Reuters) – JPMorgan Chase & Co’s former general counsel Stephen Cutler wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client o[...]
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US asks Mexico to review alleged denial of workers’ rights at Draxton facility
By Kanishka Singh WASHINGTON (Reuters) – The United States has asked Mexico to review whether workers at a Draxton facility in the Mexican city of Irapuato were being denied the rights to freedo[...]
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