(Reuters) -3M Co raised the low end of its full-year adjusted profit forecast on Friday expecting to benefit from restructuring…
Barack and Michelle Obama endorse Harris in video of live call
By Jarrett Renshaw (Reuters) – Former President Barack Obama and his wife Michelle endorsed Kamala Harris’ bid for president on…
Amazon under second investigation in Milan for tax evasion, sources say
MILAN (Reuters) – An Italian unit of Amazon is being investigated by Milan prosecutors for suspected tax evasion, two sources…
Blackstone’s battered mortgage fund slumps as empty offices intensify pressure
By Michelle Conlin and Matt Tracy NEW YORK (Reuters) – Commercial real estate finance company Blackstone Mortgage Trust saw shares…
Newmont beats profit estimates on higher gold production
(Reuters) -Newmont Corp beat Wall Street expectations for second-quarter profit on Wednesday, as the world’s biggest gold miner benefited from…
NBA signs broadcasting deal with Disney, Amazon, Comcast
(Reuters) -Walt Disney’s ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association games in a…
Tesla’s bleak margins sour investors as Musk hypes everything but cars
By Deborah Mary Sophia and Reshma Rockie George (Reuters) -Tesla shares sank more than 11% on Wednesday as its shrinking…
Thermo Fisher lifts profit forecast as biotech demand shows signs of improvement
(Reuters) – Thermo Fisher on Wednesday raised its annual profit outlook and posted a better-than-expected second-quarter profit, banking on improved…
Gold rally to boost profits for miners Newmont, Barrick
By Arunima Kumar (Reuters) – Newmont Corp and Barrick Gold Corp, the top two gold miners of the world, are…
Microsoft aims to boost AI workload capacity with Lumen Technologies partnership
(Reuters) – Microsoft will use Lumen Technologies’ network equipment to expand its capacity for AI workloads, the companies said on…