Walmart’s Mexico Unit Posts 12% Quarterly Profit Rise, Despite Cost Pressures
MEXICO CITY (Reuters) -Walmart’s Mexico unit posted a nearly 12% quarterly net profit increase as tighter operations and new income…
2022
From Burgers To Gadgets, Stressed Consumers Buy Cheap
By Hilary Russ and Richa Naidu NEW YORK/LONDON (Reuters) -Some global consumers are showing signs of cracking, as shoppers stressed…
Central Banks Must Resist Urge To Back Off Inflation Fight – IMF Economist
By David Lawder WASHINGTON (Reuters) – Global central banks may get “antsy” about the swiftness of economic pain brought on…
Credit Suisse Expected To Announce Koerner As CEO, Replacing Gottstein – Sources
(Reuters) – Credit Suisse Group AG is expected to announce Ulrich Koerner as its new chief executive officer, replacing Thomas…
Twitter sets September shareholder vote on Elon Musk buyout
DOVER, Del. (AP) — Twitter has set Sept. 13 as the date for its shareholders to vote on the company’s…
Stocks Fall, Bonds Rise As Investors Seek Safety
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities fell and U.S. Treasuries rallied on Tuesday a day before…
No, We’re Not In A Recession, Biden Administration Tells U.S. Voters
By Trevor Hunnicutt WASHINGTON (Reuters) – The U.S. economy is plagued by inflation and suffering from fallout from Russia’s war…
Credit Suisse CEO Thomas Gottstein Set To Depart – WSJ
(Reuters) -Credit Suisse Group AG is set to announce the departure of Chief Executive Officer Thomas Gottstein, the Wall Street…
Hyundai To Pay $19.2 Million For Widespread Credit-reporting Failures – U.S. Regulator
By Jonathan Stempel (Reuters) – A U.S. regulator has ordered a Hyundai Motor Co affiliate to pay $19.2 million for…
US economy sending mixed signals: Here’s what it all means
WASHINGTON (AP) — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to…