Starbucks profits beat on China recovery, shares dive on guidance
By Deborah Mary Sophia and Hilary Russ (Reuters) -Starbucks Corp beat Wall Street estimates on Tuesday for quarterly profits, powered…
May 2, 2023
Ford’s profit rises on strong truck demand but EV outlook weighs
By Joseph White and Nathan Gomes (Reuters) -Ford Motor Co on Tuesday posted robust first-quarter revenue and profit, thanks to…
Amgen sues Novartis to block generic osteoporosis, bone cancer drugs
By Blake Brittain (Reuters) – Amgen Inc sued Novartis AG’s Sandoz in New Jersey federal court Monday, accusing Sandoz’s proposed…
Clorox rethinks strategy on Kingsford charcoal ahead of summer grilling season
By Jessica DiNapoli NEW YORK (Reuters) – Clorox Co is revamping its sales plans for its Kingsford grilling briquettes and…
Florida prosecutor suspended by DeSantis over abortion seeks reinstatement by US court
By Brendan Pierson (Reuters) – A lawyer for a Florida prosecutor on Tuesday urged a federal appeals court to reinstate…
Cryptoverse: Digital coins lure inflation-weary Argentines and Turks
By Medha Singh and Lisa Pauline Mattackal (Reuters) -Can inherently volatile cryptocurrencies become safe-havens? Apparently they can in some parts…
Morgan Stanley in talks to resolve probes into block trading practices – filing
(Reuters) – Morgan Stanley is looking to resolve more than a year long investigation by U.S. regulators into its block…
Fund managers at Milken eye fixed income as stocks, real estate lose luster
By Svea Herbst-Bayliss and Carolina Mandl BEVERLY HILLS (Reuters) – Prominent investors including hedge fund and private equity managers at…
Cineworld gets US court approval to raise $2.26 billion after bankruptcy
By Dietrich Knauth (Reuters) – Bankrupt movie theater chain Cineworld received U.S. court approval on Tuesday to raise $2.26 billion…
Marketmind: Crisis over? Don’t bank on it
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Maybe the U.S….