By Granth Vanaik and Jessica DiNapoli (Reuters) -Conagra Brands Inc raised its full-year forecasts on Thursday, after beating quarterly results,…
Amazon layoff signals more pain for tech sector as recession fears mount
By Nivedita Balu (Reuters) – The massive job cuts by Amazon.com Inc, one of the biggest private employers in the…
Dell looks to phase out China-made chips by 2024 – Nikkei
(Reuters) -Dell Technologies Inc plans to stop using China-made chips by 2024 and has told suppliers to reduce the amount…
Canada posts slim November trade deficit on lower energy exports
By Ismail Shakil OTTAWA (Reuters) -Canada posted a trade deficit of C$41 million ($30.20 million) in November as exports were…
Qualcomm, Salesforce to build new connected vehicle platform for automakers
(Reuters) – U.S. chip designer Qualcomm Inc and cloud-based software firm Salesforce Inc plan to develop a new connected vehicle…
U.S. trade deficit shrinks sharply as imports tumble
WASHINGTON (Reuters) – The U.S. trade deficit contracted by the most in nearly 14 years in November as slowing domestic…
Factbox-Why are tech firms leading job cuts in Corporate America?
(Reuters) – Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in…
Fed’s George: It will be key to hold rates up once hikes end
By Michael S. Derby NEW YORK (Reuters) – Kansas City Federal Reserve leader Esther George said on Thursday that she…
Ford reports smaller drop in 2022 U.S. sales as inventory levels improve
(Reuters) – Ford Motor Co on Thursday posted a smaller decline in annual U.S. sales compared to a year earlier,…
Fed’s Bostic: Officials “remain determined” to beat inflation
WASHINGTON (Reuters) – Inflation is the biggest headwind facing the U.S. economy right now and U.S. Federal Reserve officials “remain…