American consumer confidence takes a hit in October
WASHINGTON (AP) — U.S. consumer confidence waned this month as concerns about inflation took hold after receding somewhat in recent…
October 25, 2022
U.S. Home Price Growth Slows In August, Surveys Show
WASHINGTON (Reuters) – U.S. single-family home prices fell sharply on a monthly basis in August as surging mortgage rates dampened…
Pot Producer Canopy Sets Up Holding Entity For Speedy U.S. Market Entry
(Reuters) -Top Canadian cannabis producer Canopy Growth Corp is creating a holding company to speed up its entry into the…
Volkswagen: We Have Never Had Supply Chain Shortages Like Today
BERLIN (Reuters) -Volkswagen is entering into direct purchase agreements in unprecedented areas to tackle the worst supply chain shortages the…
Adidas ends partnership with Ye over antisemitic remarks
NEW YORK (AP) — Adidas ended a partnership that helped make the artist formerly known as Kanye West a billionaire…
Coke ups sales outlook after higher prices boost Q3 revenue
Coca-Cola booked stronger-than-expected sales in the third quarter as it hiked prices around the world. The beverage giant raised its…
GM sidesteps economic headwinds; Q3 profit jumps nearly 37%
DETROIT (AP) — General Motors’ third-quarter net profit rose 36.6% as vehicle sales began to rebound from persistent supply chain…
Valero Kicks Off U.S. Refiners Earnings Season With Surging Quarterly Profit
(Reuters) -Refiner Valero Energy Corp reported a bumper third-quarter profit on Tuesday, boosted by higher demand for fuel and refined…
UPS Profit Rises On Higher Parcel Delivery Prices
(Reuters) – United Parcel Service Inc on Tuesday reported a rise in third-quarter adjusted profit as higher delivery prices offset…
Australia to raise spending to boost slowing economy
CANBERRA, Australia (AP) — Australia’s new government released plans Tuesday for more spending on families, the elderly, defense and its…