By Siddharth Cavale NEW YORK (Reuters) – U.S. retailer Walmart Inc is expected to strike a cautious tone for 2024 when it reports results on Tuesday. Despite what was likely a bumper holiday sea[...]
Read more
February 16, 2024
Home Depot 2024 forecast in focus as investors pin hopes on sales recovery
By Deborah Mary Sophia (Reuters) – Home Depot’s annual forecast will be the prime focus for investors when the U.S. home improvement bellwether reports fourth-quarter results on Tuesday, a[...]
Read more
Fed needs time, data, patience on inflation fight: Daly
(Reuters) – Despite “remarkable” progress on U.S. inflation, Federal Reserve Bank of San Francisco President Mary Daly said on Friday “there is more work to do” to ensure[...]
Read more
UK court tells VietJet not to interfere with export of repossessed jets
By Tim Hepher (Reuters) – A UK judge has ordered Vietnam’s VietJet to refrain from interfering in the export of jets repossessed by a leasing firm in the latest twist to a dispute that has[...]
Read more
Fed’s Bostic open to summer time rate cut – CNBC
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on Friday that while he needs more data to convince him inflation pressures are truly falli[...]
Read more
Goldman Sachs CEO Solomon gets 24% pay bump to $31 million
By Lananh Nguyen (Reuters) -Goldman Sachs CEO David Solomon was awarded $31 million in compensation for 2023, up 24% from $25 million in 2022, the company said in a filing on Friday. Solomon’s p[...]
Read more
OpenAI’s Altman seeks US government nod for AI chips venture, Bloomberg reports
(Reuters) -OpenAI CEO Sam Altman is working to secure approval from the U.S. government for his new AI chips venture, which could potentially raise national security and antitrust concerns, Bloomberg[...]
Read more
Factbox-What a second Trump presidency could mean for US energy policy
WASHINGTON (Reuters) – Former U.S. President Donald Trump would seek to undo much of the Biden administration’s work to fight climate change if he returns to office after November’s electi[...]
Read more
‘Call of Duty’ gamers sue Activision for monopolizing leagues, tournaments
By Mike Scarcella (Reuters) – Video game maker Activision Blizzard has been hit with a U.S. lawsuit claiming it restricts competition for organized gaming involving its flagship franchise “Call[...]
Read more