Walgreens warns of low consumer spending, large drop in COVID sales
By Manas Mishra and Michael Erman (Reuters) -Walgreens Boots Alliance on Tuesday warned that lower spending by inflation-weary consumers and…
June 2023
Zoox headcount grows as Amazon’s self-driving unit expands testing in Vegas
By Abhirup Roy and Akash Sriram (Reuters) – Amazon.com Inc’s self-driving vehicle unit Zoox has grown its headcount by about…
US judge approves Overstock’s $21.5 million Bed Bath & Beyond purchase
By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Tuesday approved Overstock.com’s $21.5 million purchase of Bed…
Oil prices drop over 2% on interest rate hike worries
By Stephanie Kelly NEW YORK (Reuters) -Oil prices slumped over 2% on Tuesday on signals that central banks may not…
Harley-Davidson taps insider Jonathan Root as new CFO
(Reuters) – Harley-Davidson on Tuesday named insider Jonathan Root as its new chief financial officer to succeed Gina Goetter who…
U.S. new home sales jump in May; median house price falls
WASHINGTON (Reuters) -Sales of new U.S. single-family homes surged to the highest level in nearly 1-1/2 years in May, benefiting…
Biden does not expect a recession, says US economy is ‘strong’
WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not…
US to give Ukraine $500 million in additional military aid -Pentagon
WASHINGTON (Reuters) -The United States will provide Kyiv with a new military package worth up to $500 million, the Pentagon…
Jefferies beats profit estimates as capital market revival offsets deal slump
By Jaiveer Shekhawat and Lananh Nguyen (Reuters) -Jefferies Financial Group Inc on Tuesday posted second-quarter profit that edged past analysts’…
Brazil’s central bank is causing ‘unnecessary noise,’ minister says
BRASILIA (Reuters) -Brazil’s planning and budget minister, Simone Tebet, said on Tuesday that the country’s central bank is causing “unnecessary…