By Sriparna Roy and Michael Erman (Reuters) -Amgen Inc on Tuesday said its fourth-quarter revenue fell slightly as a 4%…
Stocks gain, yields dip after U.S. data; Fed eyed
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks advanced on Tuesday as it closed out a…
White House blasts Exxon over historical $56 billion annual profit
By Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) -The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil…
Twitter makes first interest payment on Musk buyout debt -sources
NEW YORK (Reuters) – Twitter Inc has made its first interest payment on a loan that banks provided to help…
China ‘seriously concerned’ about report U.S. has halted approvals of exports to Huawei
BEIJING (Reuters) – China is seriously concerned about a report that the United States has stopped approving licences for U.S.…
U.S. labor cost growth smallest in a year
By Lucia Mutikani WASHINGTON (Reuters) – U.S. labor costs increased at their slowest pace in a year in the fourth…
Peloton to report lower cash burn on bumpy road to turnaround
By Abhijith Ganapavaram and Kannaki Deka (Reuters) -Peloton Interactive Inc’s effort to cut costs in the latest quarter may have…
Payments firm PayPal to lay off 7% of its workforce to cut costs
By Manya Saini (Reuters) – PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce,…
U.S. seeks new dispute panel over Canadian dairy imports
By David Lawder WASHINGTON (Reuters) – The United States on Tuesday said it was seeking a second trade dispute settlement…
Exxon smashes Western oil majors’ profits with $56 billion in 2022
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said…