By Allison Lampert (Reuters) – Boeing said on Tuesday it delivered 43 commercial jets in July, unchanged from the same month a year earlier when it faced supply chain hurdles, as the U.S. planem[...]
Read more
August 13, 2024
Intel is sued by Jewish fired employee over ex-supervisor’s alleged antisemitism
By Jonathan Stempel NEW YORK (Reuters) – A Jewish former employee of Intel sued the chipmaker on Tuesday, saying he was fired after complaining that the senior executive he reported to openly ce[...]
Read more
China new loans hit 15-year low in July, more policy steps expected
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s bank lending tumbled more than expected in July, hitting the lowest in nearly 15 years, dragged down by tepid credit demand and seasonal f[...]
Read more
Paramount Global to lay off 15% of U.S. workforce and close TV studio
(Reuters) -Paramount Global will begin laying off 15% of its workforce in the United States starting Tuesday and close down its Paramount Television studio as part of a planned restructuring, the medi[...]
Read more
Google Fitbit, Peloton announce fitness content partnership
(Reuters) – Google’s Fitbit has partnered with Peloton Interactive to give its premium users access to the exercise equipment maker’s fitness content, starting early September, the c[...]
Read more
Natura shares fall as API bankruptcy filing overshadows operating results
SAO PAULO (Reuters) -Shares of Brazilian cosmetics maker Natura &Co plunged on Tuesday after it posted better-than-expected second-quarter core earnings but saw its bottom line weakened by write-o[...]
Read more
Blackstone weighs sale of $2.6 billion events group Clarion, sources say
By Amy-Jo Crowley and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) – Blackstone Group is exploring options for Clarion Events, including a sale, that could value the business at up to 2 billion[...]
Read more
Factbox-Who is Starbucks’ new top boss Brian Niccol?
(Reuters) – Starbucks tapped Chipotle Mexican Grill’s head Brian Niccol on Tuesday to lead the coffee giant known for its pricey lattes amid pressure from activist investors and declining[...]
Read more
Home Depot warns of sales, profit decline on weak consumer spending
By Juveria Tabassum (Reuters) -Home Depot warned of a decline in annual profit and a bigger drop in its annual comparable sales on Tuesday, as weak discretionary spending dampened expectations of a re[...]
Read more