Bristol Myers CEO Caforio Steps Down
(Corrects designation of Boerner in paragraph 2) (Reuters) -Bristol Myers Squibb Co said on Wednesday CEO Giovanni Caforio, who has…
April 26, 2023
Barbie maker Mattel swings to loss as retailers cut orders, costs rise
By Granth Vanaik (Reuters) -Mattel Inc posted a bigger-than-expected loss for the first quarter on Wednesday as it grappled with…
Reckitt names Kris Licht as CEO, beats sales estimates
By Richa Naidu LONDON (Reuters) -Reckitt Benckiser has named company insider Kris Licht as CEO designate to succeed Nicandro Durante,…
Raymond James profit misses estimates as deals drought extends
(Corrects dateline, day in paragraph 1, typo in headline) (Reuters) – Raymond James Financial Inc missed Wall Street estimates for…
Biden administration urges appeals court to overrule abortion pill ban
By Brendan Pierson (Reuters) -President Joe Biden’s administration on Wednesday urged a U.S. appeals court to overrule a conservative Texas-based…
Biden will veto US House Speaker McCarthy’s debt bill if it passed Congress
WASHINGTON (Reuters) – If U.S. President Joe Biden were to be presented with Republican House of Representatives Speaker Kevin McCarthy’s…
C.H. Robinson misses quarterly estimates on softening freight demand
(Reuters) – C.H. Robinson Worldwide Inc missed Wall Street expectations for quarterly sales and profit on Wednesday, as the logistics…
Kenyan father searches for wife and six children among dead cult members
MALINDI, Kenya (Reuters) – Stephen Mwiti was too distraught to go identify the bodies of his wife and six children…
Former Arkansas Governor Asa Hutchinson formally announces White House bid
By Tim Reid (Reuters) – Former Republican Arkansas Governor Asa Hutchinson formally launched his 2024 presidential bid on Wednesday, in…
Hermes settles Skechers patent lawsuit over shoe soles in New York
By Blake Brittain (Reuters) – French luxury fashion house Hermès International SCA has settled a lawsuit brought by Skechers USA…