Estee Lauder sinks after dour 2023 outlook due to slow recovery in Asia
By Ananya Mariam Rajesh and Katherine Masters (Reuters) – Estee Lauder Cos Inc’s shares plunged on Wednesday after the cosmetics maker…
May 3, 2023
Robinhood, securities regulators face off over Massachusetts fiduciary rule
By Chris Prentice (Reuters) -Massachusetts’ highest court on Wednesday heard arguments on whether to revive a state fiduciary duty rule…
US Senate’s Schumer ‘hopeful’ Feinstein can return next week
WASHINGTON (Reuters) -U.S. Senate Majority Leader Chuck Schumer on Wednesday said he was “hopeful” that fellow Democrat Dianne Feinstein, the…
Toronto home prices rise for third month in April
By Fergal Smith TORONTO (Reuters) – Greater Toronto Area (GTA) home prices increased in April from March as new listings…
Analysis-Why Republican presidential hopefuls are keeping out of US debt-ceiling squabble
By Gram Slattery and Tim Reid WASHINGTON (Reuters) – It is the one topic that everyone on Capitol Hill is…
Leonardo posts lower Q1 profits and earnings, but orders rise
ROME (Reuters) – Italy’s state-controlled defence and aerospace group Leonardo on Wednesday posted lower first-quarter profits and earnings, but reported…
Marriott beats Wall Street estimates on China recovery
(This May 2 story has been refiled to say Marriott gets a ‘big portion,’ not ‘bulk’ of its revenue from…
European shares end higher with eyes on Fed, oil stocks fall for second day
By Shreyashi Sanyal (Reuters) -European shares climbed on Wednesday, a day after their biggest fall in a month, as speculation…
AMD’s lackluster forecast sparks selloff in shares
By Tiyashi Datta (Reuters) -Investors dumped shares of Advanced Micro Devices Inc on Wednesday after its earnings report indicated that…
Canada’s spy agency withheld information about China’s threats to lawmaker -PM Trudeau
By Ismail Shakil OTTAWA (Reuters) -Canada’s spy agency withheld information about Chinese threats against a Canadian lawmaker and his family…