By Jeff Mason, Trevor Hunnicutt and Alexandra Alper (Reuters) -U.S. President Joe Biden is seeking to reduce the risks that…
Western Digital to split flash memory unit, refinance debt
By Samrhitha A and Aditya Soni (Reuters) -Western Digital said on Monday it would spin off its flash memory business…
From Amazon to McDonald’s, strong earnings show U.S. consumer resilience
By Ananya Mariam Rajesh and Aishwarya Venugopal (Reuters) – In a strong quarter for earnings, the big consumer stocks have…
Lower prices, oversupply to weigh on lithium miners
By Arunima Kumar (Reuters) – Albemarle Corp, the world’s largest producer of lithium, is expected to report lower quarterly profit…
McDonald’s gets lift from diners turning to cheaper menu, new launches
By Deborah Mary Sophia (Reuters) -McDonald’s beat Wall Street estimates for quarterly results on Monday, powered by new launches, promotions…
Loews posts Q3 profit on higher investment income, insurance premium
(Reuters) – Loews Corp on Monday reported a profit in the third quarter compared to a loss a year earlier,…
China EV maker BYD reports record quarterly profit of $1.42 billion in Q3
BEIJING/SHANGHAI (Reuters) – China’s BYD Co Ltd on Monday posted record third-quarter earnings, its highest ever for any quarter, as…
UAW-Ford deal nets union big wins on wages, benefits, investments
By Joseph White and David Shepardson DETROIT (Reuters) -United Auto Workers leaders approved a tentative deal on Sunday with Ford…
Ukraine eyes global peace summit this year, says deputy foreign minister
By Max Hunder (Reuters) – Ukraine aims to hold a global “peace summit” of world leaders this year, Deputy Minister…
Israel launches Gaza war’s second phase with ground operation, Netanyahu says
By James Mackenzie and Maayan Lubell JERUSALEM (Reuters) -Prime Minister Benjamin Netanyahu said on Saturday that Israeli forces had unleashed…