Bed Bath & Beyond snared by ongoing supply issues
Bed Bath & Beyond was unable to overcome supply issues during the final quarter of the year that have tripped…
April 2022
Delta Sees Return To Profit As Travel Demand Hits ‘historic’ Levels
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines Inc on Wednesday posted a smaller-than-expected quarterly loss and forecast returning…
Meta To Take Nearly Half Of Sales Made By Its Metaverse Creators As Fees
(Reuters) – Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside…
Homebuyers stymied by fewer homes, high prices, rising rates
LOS ANGELES (AP) — Shortly after moving to South Florida for a new job with the U.S. military, Shannon Kaufman…
Producer prices surge 11.2% in March on higher energy costs
WASHINGTON (AP) — The surging cost of energy pushed wholesale prices up a record 11.2% last month from a year…
S&P 500, Dow Set For Muted Open As JPMorgan, Inflation Data Weigh
By Bansari Mayur Kamdar and Praveen Paramasivam (Reuters) -The S&P 500 and the Dow were set for a subdued open…
U.S. Producer Prices Increase More Than Expected In March
WASHINGTON (Reuters) – U.S. producer prices increased more than expected in March amid a surge in demand for services, suggesting…
General Atlantic Hires Ex-IHS Markit Boss Uggla To Lead Climate Venture
LONDON (Reuters) – U.S. private equity firm General Atlantic on Wednesday named Lance Uggla, former boss of data company IHS…
JPMorgan profits drop 42%, bank writes down Russian assets
NEW YORK (AP) — JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the…
Japanese Yen Falls To 20-year Low As Dollar Outlook Bright
By Saikat Chatterjee LONDON (Reuters) – The Japanese yen weakened past the 126 yen per dollar mark on Wednesday for…