By Siddharth Cavale and Aishwarya Venugopal (Reuters) – A positive forecast from retail bellwether Walmart on Thursday signaled a resilient U.S. shopper, in line with earlier remarks by one of i[...]
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May 16, 2024
Citi executive in charge of implementing bank’s restructuring departs
(Reuters) – Citigroup’s Titi Cole, a top executive in charge of implementing its sweeping restructuring plan, is leaving the bank, an internal memo seen by Reuters showed on Tuesday. Cole,[...]
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US labor market fairly tight, broader economy losing steam
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits fell last week, unwinding nearly half of the jump at the start of the month, indicating th[...]
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US FAA says it has not approved any United Airlines route, fleet expansions
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said Thursday it has not approved any expansion of United Airlines’ routes or fleets and is requiring the presence o[...]
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Under Armour forecasts underwhelm on patchy demand, unveils restructuring
By Juveria Tabassum (Reuters) -Under Armour on Thursday forecast a surprise fall in sales for the year and laid out plans to overhaul its business, as the sportswear maker looks to revive demand for i[...]
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Ag inputs sales seen at good level in the US, not as good in South America
By Marcelo Teixeira NEW YORK (Reuters) – Sales of agricultural inputs such as fertilizers and crop care products have been near normal in the United States despite lower grain prices, while they[...]
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LATAM Airlines expands frequency of Brazil international flights; Air France adds route
By Gabriel Araujo SAO PAULO (Reuters) – LATAM Airlines will increase the frequency of seven of its international routes connecting Brazil to the United States and countries in Europe and Africa,[...]
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US Supreme Court upholds consumer finance watchdog agency’s funding mechanism
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday upheld the Consumer Financial Protection Bureau’s funding mechanism in a challenge brought by the payday loan indus[...]
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Anglo American has sought fertiliser partners for months, says CEO
By Clara Denina and Felix Njini LONDON (Reuters) – Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, Chief Executive Duncan Wanbla[...]
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