Australia Central Bank Cuts Growth Outlook, Rates Need To Rise To Cool Red-hot Inflation
SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will…
2022
Musk Orders Twitter To Cut Infrastructure Costs By $1 Billion -sources
By Sheila Dang, Paresh Dave and Katie Paul (Reuters) -Elon Musk has directed Twitter Inc’s teams to find up to…
Dorsey’s Block Posts A Jump In Revenue, Boosting Shares
By Hannah Lang (Reuters) -Block Inc posted a rise in third-quarter revenue on Thursday as the growth of Cash App…
Corteva Third-quarter Loss Narrows On Demand For Agricultural Products
By Ruhi Soni (Reuters) -Agricultural chemical and seed company Corteva Inc on Thursday posted a smaller-than-expected third-quarter adjusted loss as…
Peloton Forecasts Weak Holiday-quarter Revenue, Flags Risk To Cash Flow Goal
By Kannaki Deka (Reuters) -Peloton Interactive Inc on Thursday forecast holiday-quarter revenue below estimates and the fitness equipment maker warned…
Distressed Credit To Lure More Hedge Fund Investors Next Year -BNP Survey
By Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year,…
Amazon pauses corporate hiring amid economic worries
NEW YORK (AP) — Amazon is pausing hiring for its corporate workforce, the latest move by the company to cut…
Marriot Shares Slide On Delayed Opening Of Some Properties In China
By Priyamvada C (Reuters) – Marriott International Inc said on Thursday China’s strict COVID-19 policies were delaying openings of some…
Microsoft extends aid for Ukraine’s wartime tech innovation
LISBON, Portugal (AP) — Ukraine is counting on more Western technological support as its war against Russia drags on, with…
Twitter’s blue check: Vital verification or status symbol?
The story of Twitter’s blue checkmarks — a simple verification system that’s come to be viewed as an elite status…