By David Ljunggren and Promit Mukherjee OTTAWA (Reuters) -Canada’s labor minister will meet with the country’s two main railway companies and the Teamsters union in Montreal on Tuesday and[...]
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August 19, 2024
Wall St ends higher, extending rally ahead of Jackson Hole
By Stephen Culp NEW YORK (Reuters) – U.S. stocks advanced on Monday, building on their largest weekly percentage gain of the year as investors focused on the Democratic National Convention and t[...]
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Palo Alto forecasts annual results above estimates on cybersecurity demand
By Jaspreet Singh (Reuters) – Palo Alto Networks forecast fiscal 2025 revenue and profit above Wall Street estimates on Monday, a sign of growing demand for its cybersecurity products as the dig[...]
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GoPro to cut 15% of workforce in restructuring push
(Reuters) -Action camera maker GoPro said on Monday it would cut about 15% of its workforce this year, as part of a restructuring plan to reduce operating expenses. The company expects to take charges[...]
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Boeing grounds 777X test fleet on failure of engine mounting structure, says report
(Reuters) – Boeing is grounding its 777X test fleet after an inspection showed the failure of a key engine mounting structure, according to a report by the Air Current on Monday. (Reporting by A[...]
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Morning Bid: Markets buoyant, but China rate call
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. All signs point to another solid day of gains across Asian markets on Tuesday, with investors’ appetite for risk whe[...]
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Icahn settles with US SEC over alleged disclosure failures
By Douglas Gillison (Reuters) -Billionaire investor Carl Icahn and his firm Icahn Enterprises LP (IEP) have settled charges that for years he failed to disclose pledging the majority of the firm[...]
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Pilgrim’s Pride in $100 million settlement over chicken farmers’ pay
By Jonathan Stempel (Reuters) – Pilgrim’s Pride, one of the largest U.S. poultry processors, agreed to pay $100 million to settle claims it conspired with rivals to underpay chicken farmer[...]
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Wall Street sends stocks up, dollar down ahead of Fed news
By Lawrence Delevingne and Nell Mackenzie (Reuters) -Global stocks pushed higher and the dollar tipped lower on Monday, after shares surged last week on expectations the U.S. economy would dodge a rec[...]
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