By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart on Thursday said U.S. consumers are acting more cautious with spending as…
Biden calls Xi a dictator after carefully planned summit
By Trevor Hunnicutt and Jeff Mason WOODSIDE, California (Reuters) -U.S. President Joe Biden said on Wednesday he had not changed…
Target shares surge on margin improvement, inventory drawdown
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday forecast holiday-quarter profit largely above analyst expectations as supply…
Microsoft introduces its own chips for AI, with eye on cost
By Stephen Nellis (Reuters) – Microsoft on Wednesday announced a duo of custom-designed computing chips, joining other big tech firms…
Brazil’s StoneCo sees profit multiplying eightfold by 2027
By Andre Romani SAO PAULO (Reuters) – Brazilian financial tech company StoneCo plans to multiply net profits eightfold through the…
US House passes spending bill to avert government shutdown
By David Morgan and Moira Warburton WASHINGTON (Reuters) – The U.S. House of Representatives on Tuesday passed a temporary spending…
Biogen cuts annual profit forecast on higher deal costs (Nov 8)
(This Nov. 8 story has been corrected to say Biogen cut profit forecast due to costs related to a deal,…
Goldilocks hopes return to Wall St after benign inflation report
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) – A benign U.S. inflation report is bolstering hopes that…
Airbnb acquires AI startup GamePlanner.AI
(Reuters) – Airbnb said on Tuesday it has acquired GamePlanner.AI, a 12-person startup, for an undisclosed sum, amid rapid adoption…
Boeing sets sights on annual airplane delivery target after slow October
By Valerie Insinna WASHINGTON (Reuters) – Boeing must deliver 70 narrowbody 737s and 14 widebody 787 Dreamliners in November and…