(Reuters) – Walmart said on Wednesday that a technical issue in mid-March resulted in the retailer overcharging customers at some stores in the United States. Bloomberg News, which first reporte[...]
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May 29, 2024
Biden administration expands tax credits beyond wind, solar
By Valerie Volcovici WASHINGTON (Reuters) – The Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S. solar and wind energy projects to cover a wider[...]
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US health insurer shares fall after UnitedHealth flags Medicaid medical use
By Amina Niasse NEW YORK (Reuters) – Shares of U.S. health insurers fell on Wednesday after UnitedHealth Group’s chief executive said the company was keeping an eye on medical services use[...]
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Arm offers new designs, software for AI on smartphones
By Stephen Nellis (Reuters) – Arm Holdings on Wednesday unveiled new chip blueprints and software tools to help smartphones handle artificial intelligence tasks, along with changes to how it del[...]
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Morning Bid: Global yield spike saps risk appetite
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A remarkably light economic data and events calendar in Asia on Thursday will allow investors to chew over the rise in U.S[...]
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Boeing making progress on 737 MAX engine issue delaying certification of some models
By David Shepardson WASHINGTON (Reuters) -Boeing said on Wednesday it was making progress on developing a permanent solution to address an issue with the 737 MAX engine anti-ice system that has delaye[...]
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American Eagle misses quarterly sales estimates on cautious consumer spending
By Savyata Mishra (Reuters) -American Eagle Outfitters on Wednesday missed Wall Street estimates for quarterly revenue as sticky inflation hurt demand for its apparel and accessories often sold at ful[...]
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Stocks wilt, bond yields jump as investors focus on rates
By Sinéad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -A global equities gauge fell on Wednesday while U.S. Treasury yields rose after a third weak government debt auction in a row, and invest[...]
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Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the financial payment companies of keeping cash acce[...]
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