By Radhika Anilkumar (Reuters) – U.S. sports-betting platform BetMGM expects to turn profitable in the second half of 2023 after…
Shareholders can sue McDonald’s ex-executive in landmark ruling
By Tom Hals WILMINGTON, Del. (Reuters) – Shareholders can sue McDonald Corp’s former global chief people officer for the damage…
U.S. airlines forecast strong 2023 travel, costs may dampen outlook
By Aishwarya Nair and Abhijith Ganapavaram (Reuters) -U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue…
For automakers, the EV surge is everything everywhere all at once
By Joseph White DETROIT (Reuters) – The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault…
Mastercard warns of slower revenue growth as travel growth plateaus
By Niket Nishant (Reuters) -Mastercard Inc forecast current-quarter revenue growth short of Wall Street estimates on Thursday, saying the boost…
U.S. new home sales post third straight monthly gain
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased for a third straight month in December as mortgage rates…
U.S. GDP grows in fourth quarter; weekly jobless claims fall
NEW YORK (Reuters) – The U.S. economy kept up a strong pace of growth in the fourth quarter, but momentum…
U.S. core capital goods orders fall in December
WASHINGTON (Reuters) – New orders for U.S.-made capital goods fell in December, while shipments declined for a second straight month,…
JetBlue Airways expects higher 2023 profit on strong travel demand
(Reuters) – JetBlue Airways Corp forecast full-year adjusted profit above Wall Street estimates on Thursday, aided by a strong rebound…
Chipotle to hire 15,000 workers across North America
(Reuters) – Burrito chain Chipotle Mexican Grill Inc said on Thursday it was looking to hire 15,000 new full and…