Woolworths Posts Tepid Annual Profit, Weak Start To 2023
By Harish Sridharan (Reuters) -Retailer Woolworths Group posted a nearly flat annual profit on Thursday, and said supply chain snarls…
2022
Salesforce Cuts Forecast On Lower IT Spending, Forex Hit
By Leroy Leo (Reuters) -Salesforce Inc on Wednesday cut its annual revenue and profit forecasts over “measured” spending from clients…
Amazon To Wind Down Its Healthcare Service For Businesses
(Reuters) – Amazon.com Inc plans to shut down its virtual healthcare service by the end of this year, the retailer…
White House Says Student Debt Relief Price Tag Remains To Be Determined
(Reuters) – White House National Domestic Policy Council Director Susan Rice on Wednesday told reporters that the Biden administration has…
Cosmetics giant Sephora settles customer data privacy suit
SACRAMENTO, Calif. (AP) — Sephora Inc., one of the world’s largest cosmetics retailers, has settled a lawsuit claiming that the…
Dollar, Yields Rise Ahead Of Speech By Fed’s Powell
By Herbert Lash NEW YORK (Reuters) – The dollar rose and Treasury yields jumped on Wednesday ahead of a speech…
Oil Ends Higher On U.S. Response To Iran Nuclear Deal Comments
(Corrects Brent settlement price in paragraph 3) By Laura Sanicola (Reuters) -Oil prices ended Wednesday higher after a volatile trading…
Peloton to sell its bikes on Amazon in bid to reverse slump
NEW YORK (AP) — Peloton’s high-end exercise bikes and other gear will now be able to be bought on Amazon…
Exclusive-German Government Sees Problems With Coal, Oil Supplies -document
By Markus Wacket BERLIN (Reuters) – Germany’s government is concerned about possible problems with the coal supply for power plants…
Judge Rejects Revlon Shareholders’ Demand For A Bankruptcy Equity Committee
By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Wednesday declined to appoint an equity committee in Revlon Inc’s…