By Michael S. Derby (Reuters) – U.S. consumers said last month they expected slightly lower inflation in a year’s time, the New York Federal Reserve said in a report that also showed the b[...]
Read more
May 8, 2023
Apple loses bid to revive US copyright claims over iOS simulation
By Blake Brittain (Reuters) – Apple Inc on Monday failed to convince a U.S. appeals court that security startup Corellium Inc infringed its copyrights by simulating its iOS operating system to h[...]
Read more
Oil climbs over 2% as recession fears begin to fade
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 2% on Monday as U.S. recession fears eased and some traders saw crude’s three-week slide on demand worries as overdone. Brent crude se[...]
Read more
Tyson Foods shares plunge after surprise loss, revenue forecast cut
By Tom Polansek and Granth Vanaik (Reuters) -Tyson Foods Inc shares plunged 16% to a three-year low on Monday as the U.S. meatpacker posted a surprise second-quarter loss and cut its full-year revenue[...]
Read more
Warren Buffett’s rival for attention at Berkshire weekend: Squishmallows
By Jonathan Stempel (Reuters) – One of the biggest hits from the just-concluded annual love fest for Warren Buffett showed the enduring popularity of the investing legend: plush, squishy toys fe[...]
Read more
Banks tighten credit terms, see loan demand drop, Fed survey shows
(Reuters) – U.S. banks tightened credit standards over the first months of the year and saw weakness in loan demand from businesses and consumers, Federal Reserve survey data released on Monday[...]
Read more
Uber rival Bolt seeks to turn profitable next year, IPO in 2025
By Supantha Mukherjee STOCKHOLM (Reuters) – Estonian ride-hailing and food delivery startup Bolt expects to turn profitable in the next 12 months and be ready for an initial public offering in 2[...]
Read more
Exclusive-Bain Capital seeks to raise $4 billion for new global special situations fund – sources
By Kane Wu and Anirban Sen HONG KONG/NEW YORK (Reuters) – Bain Capital is seeking to raise $4 billion for a new global “special situations fund” as the U.S. firm sees an opportunity[...]
Read more
Ryanair close to placing major Boeing order -sources
PARIS (Reuters) – Ryanair is close to signing a major new aircraft order with Boeing, two people familiar with the matter said on Monday. The multi-billion-dollar deal for a three-digit quantity[...]
Read more