(Corrects quote in paragraph 8 to “short-term margin pressure,” instead of “structural margin pressure”) By Andre Romani SAO PAULO (Reuters)…
Exclusive-Fed’s Daly says time is nearing for rate cuts, may need more than two
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Monday said that given mounting evidence that…
Bridgewater founder Ray Dalio urges Trump to reveal why he fired top labor official
(Reuters) -Investor Ray Dalio said on Monday he, too, would likely have fired the commissioner of the Bureau of Labor…
Amazon tumbles after cloud computing growth disappoints investors
By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant’s results fanned…
Apple’s tariff-fueled iPhone sales surge raises doubts about sustainability
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Blackstone to reopen New York office one week after shooting
By Isla Binnie and Niket Nishant NEW YORK (Reuters) -Blackstone told employees on Friday it will reopen its New York…
Sig Sauer must face ICE officer’s lawsuit over accidental gun firing
By Jonathan Stempel (Reuters) -A U.S. appeals court on Friday revived a lawsuit seeking to hold firearms maker Sig Sauer…
Starbucks beats revenue estimates on China strength, turnaround strategy
By Savyata Mishra (Reuters) -Starbucks beat Wall Street estimates for third-quarter revenue on Thursday, as steadying sales in China and…
US allowed Nvidia chip shipments to China to go forward, Hassett says
(Reuters) -White House National economic adviser Kevin Hassett, in an apparent reference to Nvidia’s H20 AI chip shipments to China,…
Russian airstrikes on prison, hospital kill 19 in southeastern Ukraine
ZAPORIZHZHIA, Ukraine (Reuters) -Russian airstrikes on a prison and hospital in southeastern Ukraine killed at least 19 people, officials said…