By Rajesh Kumar Singh CHICAGO (Reuters) – American Airlines has offered a 19% pay increase to its pilots over two…
Mexico’s Alsea posts 83% jump in Q3 net profit
MEXICO CITY (Reuters) – Mexican restaurant operator Alsea reported on Thursday a 83% jump in its third-quarter net profit, hitting…
Weak Amazon outlook another blow to tech-type growth shares
(Reuters) – Amazon.com Inc shares skidded as much as 21% after hours on Thursday after it forecast costs might eviscerate…
Yellen touts U.S. battery investments in election battleground Ohio
By David Lawder CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen hailed the beginnings of a Midwest “Battery Belt” on…
U.S. economy rebounds in Q3 on boost from trade, but demand stalling
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy rebounded strongly in the third quarter amid a shrinking trade deficit,…
Wall St loses over $200 billion in value after report from Amazon
By Noel Randewich and Lewis Krauskopf (Reuters) – Over $200 billion in U.S. stock market value went up in smoke…
Tech rout widens as Meta sinks after results
(Reuters) – A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc sank 20% after…
Biden says Shell is misusing its profits by not cutting gas prices
SYRACUSE, N.Y. (Reuters) – U.S. President Joe Biden blasted Shell plc on Thursday for funneling profits to shareholders rather than…
Google Play in EU antitrust sights as Android fine appeal pending
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet unit Google’s Google Play Store is the target of an EU antitrust investigation,…
McKinsey reaches deal with U.S. local governments over opioids
By Brendan Pierson (Reuters) -Leading consulting firm McKinsey & Co has agreed to settle claims by hundreds of U.S. local…