By Neil J Kanatt (Reuters) -Kraft Heinz lowered its annual sales and profit forecasts on Wednesday, signaling that budget-conscious consumers…
Analysis-Novo Nordisk changes tack with bold raid on Pfizer obesity deal
By Maggie Fick LONDON (Reuters) -Novo Nordisk’s late bid to hijack Pfizer’s takeover of U.S. obesity biotech Metsera marks an…
Nvidia’s Huang joins tech titans funding Trump’s ballroom
By Courtney Rozen and Stephen Nellis WASHINGTON (Reuters) -Nvidia CEO Jensen Huang donated to fund the construction of U.S. President…
Carvana’s third-quarter results rise on used vehicle demand
(Reuters) -Used car retailer Carvana reported higher third-quarter profit and revenue on Wednesday, aided by strong demand for preowned vehicles.…
Virginia Democrats advance plan to counter Trump-spawned redistricting in red states
(Reuters) -The Democratic-controlled Virginia House of Delegates voted on Wednesday to amend the state constitution to allow legislators to redraw…
Chipotle cuts annual sales forecast again on tepid demand
(Reuters) -Chipotle Mexican Grill on Wednesday slashed annual sales forecast for the third time this year, signaling that even its…
Intel shares jump as investments, cost cuts catapult turnaround efforts
(Corrects formatting of company ticker symbol in first paragraph) By Rashika Singh (Reuters) -Intel shares surged nearly 9% in premarket…
Gold funds saw record weekly inflow as prices surged
LONDON (Reuters) -Gold funds received their largest weekly inflow on record in the week to Wednesday, Bank of America Global Research…
IBM says key quantum computing algorithm can run on conventional AMD chips
By Stephen Nellis SAN FRANCISCO (Reuters) -IBM said on Friday it is able to run a key quantum computing algorithm…
Procter & Gamble tops estimates on resilient demand for beauty, hair-care products
By Jessica DiNapoli and Juveria Tabassum (Reuters) -Procter & Gamble on Friday beat Wall Street estimates for first-quarter revenue and…