Macy’s, Nordstrom cut profit views along with inventories
NEW YORK (AP) — Nordstrom joined Macy’s Tuesday in cutting its annual outlook for profit and sales despite second-quarter results…
August 2022
China’s JD.com Beats Quarterly Revenue Estimates
(Reuters) – JD.com Inc, beat Wall Street estimates for quarterly revenue on Tuesday as lockdowns in China to control the…
Explainer-How Meme Stock Darling AMC’s New Preferred Shares Work
(Reuters) – AMC Entertainment Holdings Inc, the movie theater operator that investors have turned into a meme stock, completed the…
Malaysia’s Top Court Upholds 12-yr Jail Sentence For Najib, Ex-PM Loses Final Appeal
By Rozanna Latiff KUALA LUMPUR (Reuters) – Malaysia’s Federal Court on Tuesday upheld former prime minister Najib Razak’s guilty conviction…
As Judgement Day Looms, Malaysia’s Ex-PM Najib Requests Judge’s Recusal
By Rozanna Latiff KUALA LUMPUR (Reuters) -Former Malaysian prime minister Najib Razak on Tuesday asked the chief justice to recuse…
Asian shares mixed after modest Wall Street fall
TOKYO (AP) — Asian shares were mixed Wednesday as a wait-and-see mood set in following another — though more modest…
Euro Falls To Fresh Two-decade Low, Dollar Exudes Strength
By Rae Wee SINGAPORE (Reuters) – The euro dropped to a fresh two-decade trough on Tuesday as Europe was buffeted…
Europe’s Energy Troubles Haunt Euro, Asian Shares
By Wayne Cole SYDNEY (Reuters) – Asian shares were down for a seventh straight session on Tuesday after a renewed…
India E-commerce Firms Ramp Up Hiring Of Delivery Workers For Shopping Season
By Tanvi Mehta and Nandan Mandayam BENGALURU (Reuters) – India’s e-commerce companies are adding delivery personnel at a rapid pace,…
Amazon keeps growing, and so does its cache of data on you
From what you buy online, to how you remember tasks, to when you monitor your doorstep, Amazon is seemingly everywhere….