By Nathan Gomes (Reuters) -Carvana Co on Friday announced another round of job cuts that will impact about 1,500 employees,…
U.S. dollar positioning turns net short for first time since July 2021 -CFTC, Reuters data
NEW YORK (Reuters) – The U.S. dollar’s net positioning turned net short in the latest week for the first time…
After Elon Musk’s ultimatum, Twitter employees start exiting
By Sheila Dang, Paresh Dave and Hyunjoo Jin (Reuters) -Hundreds of Twitter Inc employees are estimated to have decided to…
Mercedes Benz to pay $5.5 million to settle Arizona diesel ad case
By David Shepardson WASHINGTON (Reuters) -German automaker Mercedes Benz and auto supplier Robert Bosch LLC have agreed to pay a…
S&P affirms positive outlook on South Africa
(Reuters) – S&P Global Ratings on Friday maintained its positive outlook on South Africa, as the agency expects that a…
Global stocks gain on hopes recession warning forces Fed’s hand
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – Global equities edged up and a key part of the…
Law firm Sidley warns clients about rules that may hinder activists
By Svea Herbst-Bayliss NEW YORK (Reuters) – Law firm Sidley on Friday stepped into the debate over how aggressively corporations…
Hyundai considering development of ‘lifestyle pickup’ – exec
(Reuters) – Hyundai Motor Co is considering development of additional pickups for the U.S. market, including a “lifestyle” truck, according…
Falling Q4 profit forecasts another negative for U.S. stocks
By Caroline Valetkevitch NEW YORK (Reuters) – After a disappointing third-quarter reporting period, analysts are projecting that fourth-quarter U.S. earnings…
Dollar gains with bond yields up, Fed in focus
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar gained slightly on Friday and remained on track…