By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market…
Amgen revenue falls slightly as Lilly COVID deal contributes less
By Sriparna Roy and Michael Erman (Reuters) -Amgen Inc on Tuesday said its fourth-quarter revenue fell slightly as a 4%…
Stocks gain, yields dip after U.S. data; Fed eyed
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks advanced on Tuesday as it closed out a…
White House blasts Exxon over historical $56 billion annual profit
By Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) -The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil…
Twitter makes first interest payment on Musk buyout debt -sources
NEW YORK (Reuters) – Twitter Inc has made its first interest payment on a loan that banks provided to help…
China ‘seriously concerned’ about report U.S. has halted approvals of exports to Huawei
BEIJING (Reuters) – China is seriously concerned about a report that the United States has stopped approving licences for U.S.…
U.S. labor cost growth smallest in a year
By Lucia Mutikani WASHINGTON (Reuters) – U.S. labor costs increased at their slowest pace in a year in the fourth…
Peloton to report lower cash burn on bumpy road to turnaround
By Abhijith Ganapavaram and Kannaki Deka (Reuters) -Peloton Interactive Inc’s effort to cut costs in the latest quarter may have…
Payments firm PayPal to lay off 7% of its workforce to cut costs
By Manya Saini (Reuters) – PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce,…
Exxon smashes Western oil majors’ profits with $56 billion in 2022
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said…