By Carolina Mandl and Johann M Cherian (Reuters) – U.S. stocks rallied to a convincingly higher close on Tuesday, but…
Do blockbuster job gains jibe with ‘slow-flation’? Fed’s Powell faces new dilemma
By Howard Schneider and Andrea Shalal WASHINGTON (Reuters) – After vouching last week that a “gratifying” drop in inflation was…
Wells Fargo agrees to pay $300 million to settle with shareholders over auto insurance disclosures
By Jody Godoy (Reuters) -Wells Fargo & Co agreed to pay $300 million to settle a shareholder lawsuit claiming the…
Chipotle misses profit as high prices bite into delivery orders, trafficÂ
By Hilary Russ and Uday Sampath Kumar (Reuters) -Chipotle Mexican Grill Inc missed quarterly comparable sales and profit expectations on…
Prudential Financial profit falls 26% as market rout drags AUM
(Reuters) – Prudential Financial Inc reported a roughly 26% fall in fourth-quarter adjusted profit on Tuesday as a global market…
Factbox-How to get Microsoft’s new AI-enhanced Bing
(Reuters) – Microsoft Corp on Tuesday unveiled a juiced-up version of its Bing search engine and Edge Web browser, powered…
Florida state court system, US, EU universities hit by ransomware outbreak
By James Pearson and Raphael Satter LONDON/WASHINGTON (Reuters) -A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court…
Global hedge funds gain in January, but not as much as stock market, HFR says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds posted a solid 2.8% gain in January, but they missed…
Ebay to lay off 500 employees
(Reuters) – E-commerce firm eBay Inc said on Tuesday it will lay off 500 employees globally, representing 4% of its…
Centene warns of hit to fast-growing Medicare Advantage business next year
By Raghav Mahobe and Nandhini Srinivasan (Reuters) -Centene Corp on Tuesday said profit at its fast-growing Medicare Advantage (MA) business…