By Shariq Khan (Reuters) – Canadian cannabis producer Canopy Growth Corp is creating a holding company to speed up its…
Valero kicks off U.S. refiners earnings season with bumper profit
By Arunima Kumar (Reuters) – Refiner Valero Energy Corp reported a bumper third-quarter profit that zoomed past Wall Street estimates…
Xerox shares slide as annual revenue, cash flow forecasts take a hit
(Reuters) – Xerox Holdings Inc’s shares plunged about 25% to 13-year lows on Tuesday after the photocopy maker slashed its…
Hyundai breaks ground on $5.5 billion U.S. EV, battery plant
By David Shepardson ELLABELL, Ga. (Reuters) – Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and…
UPS cost controls shelter profit from softening delivery demand
By Lisa Baertlein and Shivansh Tiwary (Reuters) -United Parcel Service Inc on Tuesday reported a stronger-than-expected quarterly adjusted profit and…
‘Unbanked’ U.S. households hit lowest level since financial crisis
By Hannah Lang (Reuters) – The share of Americans who did not have a checking or savings account fell last…
Biogen confident in Alzheimer’s drug ahead of rivals’ data
By Manas Mishra and Bhanvi Satija (Reuters) -Biogen Inc on Tuesday said the Alzheimer’s disease drug it is developing with…
Coca-Cola lifts forecasts as demand keeps pace with pricier sodas
By Uday Sampath Kumar and Granth Vanaik (Reuters) -Coca-Cola Co on Tuesday joined rival PepsiCo Inc in raising annual forecasts…
Halliburton profit tops Wall Street estimates as oil activity booms
By Liz Hampton and Shariq Khan (Reuters) -Halliburton Co posted a rise in profit for the third quarter on Tuesday…
BlackRock raises $4.5 billion for climate-focused infrastructure fund
(Reuters) – BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest…