GM Prioritizes Faster EV Launches Ahead Of Fatter Profits
By Joseph White and Ben Klayman DETROIT (Reuters) -General Motors Co on Tuesday said it will spend more than the…
2022
Oil Companies, Union To Continue Talks On Worker Contract
By Erwin Seba HOUSTON (Reuters) -Union and energy company negotiators met on Tuesday without reaching agreement on a new labor…
Google Propels Record Alphabet Revenue, Driving Shares Up 8%
By Paresh Dave and Nivedita Balu (Reuters) -Google parent Alphabet Inc reported record quarterly sales that topped expectations on Tuesday,…
UPS Offers Brighter View After ‘outstanding’ 2021, Shares Hit Record High
By Siddharth Cavale and Arriana McLymore (Reuters) -United Parcel Service Inc projected 2022 revenue above market expectations and doled out…
Starbucks To Hike Prices To Offset Inflation; Lowers Profit Guidance
By Hilary Russ and Praveen Paramasivam (Reuters) -Starbucks Corp will raise menu prices in 2022 and reduce some spending to…
Dollar Restrained By Risk Revival, Spread Of Rate Speculation
By Wayne Cole SYDNEY (Reuters) – The dollar was carrying a couple of bruises on Wednesday as Federal Reserve officials…
Tinder Owner Match Tempers Annual Revenue Expectations On Omicron Woes
(Corrects quarter to fourth from third in paragraph 2) (Reuters) -Match Group Inc cut its full-year revenue forecast on Tuesday,…
Record sales prices drive GM profit up 56% to $10B last year
DETROIT (AP) — General Motors increased its net income 56% last year, helped by higher prices for its vehicles that…
Airline says it will stop monkey shipments after Penn. crash
The airline that carried monkeys part of the way to a U.S. research laboratory before they were involved in a…
Starbucks’ strong US holiday offset by costs, China slump
Starbucks had a strong holiday season in the U.S., but those results were offset by higher labor and commodity costs…