Walmart lifts annual sales, profit view on resilient consumer spending
By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart Inc raised its annual sales and profit targets on Thursday as shoppers…
May 19, 2023
Ford recalls 422,000 SUVs because rear view camera display may fail
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co is recalling 422,000 sport utility vehicles in the United States because the…
Sony eyes finance unit listing, doubles down on entertainment
By Sam Nussey TOKYO (Reuters) -Sony Group Corp on Thursday said it is examining a partial spin-off of its financial…
U.S. Democrats warn Biden against toughening aid for the poor
By Richard Cowan, Leah Douglas WASHINGTON (Reuters) -Democrats in the U.S. Congress expressed frustration with President Joe Biden’s willingness to…
More than half of the world’s large lakes are drying up, study finds
By Gloria Dickie LONDON (Reuters) – More than half of the world’s large lakes and reservoirs have shrunk since the…
Pentagon accounting error overvalued Ukraine weapons aid by $3 billion -sources
By Mike Stone WASHINGTON (Reuters) – The Pentagon overestimated the value of the ammunition, missiles and other equipment it sent…
Exxon rebuts proxy advisor, says net zero emissions scenario ‘unlikely’
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer…
US banks rethink social media as a threat, not a marketing tool
By Nupur Anand NEW YORK (Reuters) -Bankers are beefing up risk management, monitoring and emergency procedures around the use of…
Fed’s Williams says world of low interest rates still prevails
By Michael S. Derby NEW YORK (Reuters) -New York Federal Reserve President John Williams said on Friday the U.S. and…
Brokerage Charles Schwab joins corporate debt rush with $2.5 billion offering
(Reuters) -Charles Schwab Corp is looking to raise up to $2.5 billion through a debt offering, the brokerage said on…