By Siddharth Cavale and Jessica DiNapoli NEW YORK (Reuters) -Walmart Inc is warning major packaged goods makers that it can…
U.S. agriculture trade chief demands Canada broaden dairy quota access
By David Lawder WASHINGTON (Reuters) – Canada must let U.S. processors of cheese, ice cream, yogurt, milk powder and other…
U.S. consumer sentiment improves; inflation expectations rise
WASHINGTON (Reuters) – U.S. consumer sentiment improved to a 13-month high in February, but households expected higher inflation to persist…
Auto parts maker Magna warns of margin pressures on higher costs
By Kannaki Deka (Reuters) -Canada’s Magna International Inc on Friday reported an 80% fall in quarterly profit and warned of…
Ackman’s Pershing Square reaps $2.7 billion from rate trade but down 9% in 2022 -letter
By Nell Mackenzie LONDON (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades…
Ralph Lauren beats quarterly revenue estimates
(Reuters) – Ralph Lauren Corp beat Wall Street expectations for quarterly revenue on Thursday, as demand for its high-end clothing…
Newell Brands CEO Saligram to retire; forecasts 2023 results below estimates
(Reuters) – Newell Brands Inc said its top boss Ravi Saligram will retire effective May 16 and forecast annual results…
Column-Tight jobs market? AI meets worker shortage :Mike Dolan
By Mike Dolan LONDON (Reuters) – The two investment obsessions of the year so far – artificial intelligence and super-tight…
Marketmind: Volatility stirs
A look at the day ahead in U.S. and global markets from Mike Dolan. World markets end a rough week…
Kroger and Albertsons zero in on store divestitures amid deal review -sources
By Anirban Sen and Abigail Summerville (Reuters) – Supermarket operators Kroger Co and Albertsons Companies Inc are advancing plans to…