Bank of America CEO flags effects of higher capital requirements
By Jonathan Stempel and Tatiana Bautzer NEW YORK Bank of America CEO Brian Moynihan said U.S. authorities need
2023-07-27 21:15
Labcorp cuts 2023 profit forecast on drug development woes
Laboratory Corp of America Holdings cut its annual profit forecast on Thursday, as the clinical lab operator grapples
2023-07-27 20:45
Grimace shakes help send McDonald's sales surging
When McDonald's introduced a limited-edition purple shake in honor of Grimace's birthday, it probably didn't expect the item to go viral on TikTok quite like it did: With TikTokers showing themselves sipping the dessert drink and then, soon after, writhing in mock pain or playing dead.
2023-07-27 20:28
European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
2023-07-27 20:28
Jell-O's new look emphasizes its 'jiggly goodness'
Jell-O customers will soon see a bigger logo displayed on more colorful packaging and a stronger emphasis on its "zero sugar" appeal for some its treats.
2023-07-27 20:28
Elizabeth Warren and Lindsey Graham want a new agency to regulate tech
Two US senators are calling for the creation of a new federal agency to regulate tech companies such as Amazon, Google and Meta, in the latest push by members of Congress to clamp down on Big Tech.
2023-07-27 20:18
ECB raises key rate to historic high, keeps options open
FRANKFURT The European Central Bank raised its deposit rate to a historic high on Thursday and kept its
2023-07-27 20:17
Analysts trim gold outlook in absence of fresh spur: Reuters poll
By Ashitha Shivaprasad Analysts slightly lowered their gold forecasts for this year on the grounds zero-yield bullion would
2023-07-27 20:16
Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
2023-07-27 19:51
Honeywell posts better-than-expected profit on aviation boost, lifts forecast
Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and slightly raised its full-year forecasts on Thursday,
2023-07-27 19:50
Gap hopes to end four years of turmoil with new CEO
Gap Inc has turned to Richard Dickson, credited with turning around the Barbie brand at Mattel, to lead
2023-07-27 19:50
Adani Lenders Weigh Up to $750 Million Loan for Ambuja Debt
Barclays Plc, Deutsche Bank AG and Standard Chartered Plc are in talks to lend between $600 million and
2023-07-27 19:29