(Reuters) – Activist investor Ryan Cohen is racking up a sizable stake in Nordstrom Inc and plans to urge the…
Qualcomm sees earnings below Street as smartphone market sags
By Chavi Mehta and Jane Lanhee Lee BENGALURU/OAKLAND, Calif (Reuters) – Qualcomm Inc forecast second-quarter revenue and profit below Wall…
Alphabet disappoints on sales as ad business slips after pandemic run-up
By Greg Bensinger and Nivedita Balu (Reuters) -Alphabet Inc on Thursday posted fourth-quarter profit and sales short of Wall Street…
Exclusive-Adani made scheduled U.S. bond payments, to release credit report Friday -sources
By Aditya Kalra and Davide Barbuscia NEW DELHI/NEW YORK (Reuters) – Adani Group entities made scheduled coupon payments on outstanding…
Ford posts lower profit, issues downbeat outlook; shares drop
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker…
Amazon still grasping for success with supermarkets, CEO says
By Jeffrey Dastin and Tiyashi Datta (Reuters) – Amazon.com Inc, the online retailer long feared to disrupt the grocery sector,…
Nasdaq, S&P 500 post strong gains on Fed relief, Meta surge
By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – The Nasdaq and S&P 500 ended higher on Thursday…
Gilead profit beats Street expectations on COVID and HIV sales
By Michael Erman and Sriparna Roy (Reuters) -Gilead Sciences Inc on Thursday reported a higher-than-expected fourth-quarter profit driven by strong…
USTR seeks public comment on restoring tariffs on Chinese medical products
By David Lawder WASHINGTON (Reuters) – The U.S. Trade Representative’s Office said on Thursday it is seeking public comment on…
McCarthy says he will meet Biden again on U.S. debt ceiling
WASHINGTON (Reuters) -Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday that he and President Joe Biden have…