By Ananya Mariam Rajesh (Reuters) -Gap shares surged more than 30% on Friday as an upbeat quarter gave a fresh…
Ford, Stellantis workers vote to ratify new labor contract
By David Shepardson and Nathan Gomes WASHINGTON (Reuters) -United Auto Workers (UAW) members at Ford Motor and Chrysler parent Stellantis…
Biden, Xi’s ‘blunt’ talks yield deals on military, fentanyl
By Trevor Hunnicutt, Jeff Mason and Steve Holland WOODSIDE, California (Reuters) -U.S. President Joe Biden and Chinese leader Xi Jinping…
US wraps up antitrust case against Google in historic trial
WASHINGTON (Reuters) -The U.S. government hammered away at its main arguments against Alphabet’s Google on Thursday, wrapping up the evidentiary…
Aston Martin F1 team gets investment from PE firm Arctos
By Anousha Sakoui (Reuters) -The Aston Martin Formula One team said on Thursday it had agreed on an investment by…
Macy’s smashes profit estimates as leaner inventory lifts margins, shares jump
By Savyata Mishra (Reuters) -Macy’s crushed analysts’ estimates for quarterly profit on lower inventories and strong demand for beauty products,…
Walmart sounds a note of caution on consumers ahead of holidays, shares fall
By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart on Thursday said U.S. consumers are acting more cautious with spending as…
Dollar gains on retail sales data, Fed rate cut date unclear
By Herbert Lash NEW YORK (Reuters) -The dollar gained on Wednesday after still strong U.S. retail sales fell less than…
Oil prices dive on big US crude stock build, record output
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude…
Target shares surge on margin improvement, inventory drawdown
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday forecast holiday-quarter profit largely above analyst expectations as supply…