By Tatiana Bautzer NEW YORK (Reuters) -Citigroup CEO Jane Fraser told shareholders on Tuesday that U.S. consumers are becoming more cautious with their spending and making smaller purchases. U.S. borr[...]
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April 30, 2024
Wells Fargo investors approve executive pay, CEO underscores risk controls
By Nupur Anand NEW YORK (Reuters) – Wells Fargo shareholders on Tuesday approved its plans for executive compensation with a majority vote, including hiking CEO Charlie Scharf’s 2023 packa[...]
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More automakers plug into Tesla’s EV charging network
(Reuters) -More automakers signed up to access Tesla’s electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company’s superchargers closer to becomin[...]
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Trump raises stake in his media firm to nearly 65%
(Reuters) – Donald Trump has raised his stake in the company that operates his social media app Truth Social to nearly 65% as of last week, according to a filing on Tuesday. The former U.S. pres[...]
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Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell 1% on Tuesday, extending losses from Monday, on the back of rising U.S. crude production, as well as hopes of an Israel-Hamas ceasefire. Brent c[...]
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Mondelez International beats Q1 sales, profit estimates on higher prices
By Anuja Bharat Mistry (Reuters) -Cadbury parent Mondelez International beat market expectations for first-quarter sales and profit on Tuesday helped by steady demand for its pricey products such as c[...]
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US labor official calls on companies to exit China’s Xinjiang
WASHINGTON (Reuters) -International companies cannot responsibly operate in Xinjiang and should leave the western Chinese region due to forced labor concerns, a U.S. Labor Department official said on[...]
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UnitedHealth hackers used stolen login credentials to break in, CEO says
(This April 29 story has been corrected to fix the headline and paragraph 1, and updated to clarify the breach occurred due to stolen credentials, not a Citrix vulnerability, in paragraphs 5 and 6) By[...]
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Clorox lifts annual profit forecast on pricing benefits
(Reuters) – Clorox Co raised its annual profit forecast on Tuesday after beating quarterly earnings expectations, banking on effects of price hikes taken to offset escalating costs. Consumer goo[...]
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