In Justice Jackson’s first ruling, US Supreme Court decides MoneyGram case
By Nate Raymond (Reuters) – In the first ruling written by President Joe Biden’s appointee Justice Ketanji Brown Jackson, the…
2023
Bayer Braces For Falling Profits In Challenge For New CEO
By Ludwig Burger FRANKFURT (Reuters) -Bayer warned operating earnings would decline in 2023, adding to the challenges for its new…
Target Warns Of Dull 2023 Profit As Heavy Discounts Sap Margins
By Uday Sampath Kumar (Reuters) -Target Corp on Tuesday forecast muted profit growth in 2023 and warned of the need…
Higher expenses weigh down U.S. bank profits in 2022 – FDIC
By Pete Schroeder WASHINGTON (Reuters) -U.S. banks reported a 5.8% decline in profits in 2022 as firms spent more on…
Goldman Sachs executives to rally investors in New York
NEW YORK (Reuters) – Goldman Sachs Group Inc’s Chief Executive David Solomon and top executives will give investors an update…
Target’s Holiday Sales Get Boost From Discounts, Warns On 2023 Earnings
By Uday Sampath Kumar (Reuters) -Target Corp posted a surprise rise in holiday-quarter sales on Tuesday on higher store visits…
Canada’s Economy Unexpectedly Stalled In Q4; January Rebound Likely
OTTAWA (Reuters) – The Canadian economy recorded no growth in the final three months of 2022, massively underperforming expectations, though…
Dollar Heading For First Monthly Gain Since September
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The U.S. dollar steadied on Tuesday, having lost ground a day…
Tesla’s China Sales Slow As Price-cut Boost Wanes
SHANGHAI (Reuters) – Tesla Inc’s electric vehicle (EV) sales in China rose last week but were still running short of…
China’s Communist Party Cautious On Economy, Reiterates Party’s Leadership
BEIJING (Reuters) -The Chinese Communist Party said on Tuesday that the foundation of economic recovery is not yet solid and…