Australia’s Woolworths Beats Profit Targets, Expects Stronger Second Half
(Reuters) -Woolworths Group on Wednesday beat first-half profit estimates and forecast improved financial performance in the second half, as Australia…
2022
Hedge fund returns to court in battle to buy Lee Enterprises
OMAHA, Neb. (AP) — The hedge fund trying to buy newspaper publisher Lee Enterprises returned to court Tuesday in a…
Oil Settles Near 2014 High On Russia-Ukraine Escalation
By Laura Sanicola (Reuters) -Oil rose to nearly $100 a barrel on Tuesday, reaching its highest level since 2014 after…
Explainer-Western Sanctions On Banks Only Scratch Surface Of Fortress Russia
By Tommy Wilkes and John McCrank LONDON/NEW YORK (Reuters) -The United States, the European Union and Britain announced new sanctions…
Virgin Galactic Posts Smaller Quarterly Loss
(Corrects to remove reference to supply issues in paragraph 1) (Reuters) -Space tourism company Virgin Galactic Holdings Inc reported a…
Oil Soars, Stocks Fall As Russia, Ukraine Fears Intensify
By Sinéad Carew NEW YORK (Reuters) -Crude oil futures on Tuesday reached their highest levels since 2014 on supply concerns…
A 10% drop for stocks is scary, but it’s not that rare
NEW YORK (AP) — The worries rocking Wall Street about interest rates, inflation and now Ukraine have sent the S&P…
Latam E-commerce Giant MercadoLibre Reports Q4 Net Loss Of $46.1 Million
(Reuters) – South American e-commerce giant MercadoLibre Inc missed analysts forecast after posting a fourth quarter net loss on Tuesday,…
Tesla Hit By Another Lawsuit Over Racism By Ex-worker
By Hyunjoo Jin SAN FRANCISCO (Reuters) – A former Tesla construction manager has filed a lawsuit against the electric car…
Biden halts oil, gas leases amid legal fight on climate cost
WASHINGTON (AP) — The Biden administration is delaying decisions on new oil and gas drilling on federal land and other…