Microsoft’s costs in focus as fears rise over slow payoff from AI
Monetary Elite By Aditya Soni (Reuters) – Microsoft investors will have one big question when the tech...
July 2024
Explainer-The Fed nears its 2% solution after a punishing bout of rising prices
By Howard Schneider WASHINGTON (Reuters) – Inflation is nearing the Federal Reserve’s 2% target, and...
McDonald’s posts surprise drop in quarterly global sales as spending slows
(Reuters) -McDonald’s reported a surprise drop in quarterly global comparable sales on Monday, as the...
Abbott shares slide after trial verdict, weigh on rival Reckitt Benckiser
(Reuters) -Abbott Laboratories’ shares fell nearly 7% premarket, while British peer Reckitt Benckiser slumped 9%...
Microsoft’s LinkedIn settles lawsuit claiming it overcharged advertisers
By Jonathan Stempel (Reuters) – LinkedIn agreed to pay $6.625 million to settle a proposed...
Stocks bounce after heavy sell-off as US inflation cools
By Harry Robertson LONDON (Reuters) -European shares and U.S. stock futures rebounded on Friday as...
Oregon wildfire explodes to half the size of Rhode Island
By Rich McKay (Reuters) – Winds and lightning strikes have sparked and fanned wildfires across...
Netflix’s ex-film head Stuber ties with Amazon MGM to revive United Artists
(Reuters) – Amazon MGM Studios has entered a multi-year film partnership with Scott Stuber, the...
Theater chain AMC reaches new refinancing deal
(Reuters) -AMC Entertainment Holdings said on Monday it had reached an agreement with creditors that...
Exclusive-Former attorney general Holder to vet Harris’ potential running mates, sources say
By Jeff Mason and Jarrett Renshaw (Reuters) -Former Attorney General Eric Holder and his law...