July 2024
Analysis-US stock turbulence throws spotlight on Big Tech’s valuations
By Lewis Krauskopf NEW YORK (Reuters) – A bruising selloff in U.S. stocks is putting a sharper focus on valuations…
Global economy’s growing resilience at odds with rate cut expectations: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Optimism about global growth prospects this year and next is building among hundreds of…
McDonald’s posts surprise drop in quarterly global sales as spending slows
(Reuters) -McDonald’s reported a surprise drop in quarterly global comparable sales on Monday, as the burger giant struggled to hold…
Abbott shares slide after trial verdict, weigh on rival Reckitt Benckiser
(Reuters) -Abbott Laboratories’ shares fell nearly 7% premarket, while British peer Reckitt Benckiser slumped 9% on Monday, after the U.S….
3M raises full-year profit forecast on demand recovery, cost cuts
(Reuters) -3M Co raised the low end of its full-year adjusted profit forecast on Friday expecting to benefit from restructuring…
Netflix’s ex-film head Stuber ties with Amazon MGM to revive United Artists
(Reuters) – Amazon MGM Studios has entered a multi-year film partnership with Scott Stuber, the former longtime head of films…
Exclusive-Boeing asks suppliers for decade-long titanium paper trail as check for forgeries widens
By Allison Lampert and David Shepardson WASHINGTON (Reuters) -Boeing is asking suppliers to disclose records on Chinese titanium since 2014,…
Paris Olympics broadcasters diverge on AI approach
By Sheila Dang (Reuters) – The Paris Olympics will be a showcase of generative AI for American viewers but European…
US House panel calls on CrowdStrike CEO to testify on outage, Washington Post reports
WASHINGTON (Reuters) – U.S. House of Representatives Homeland Security Committee has called on CrowdStrike CEO George Kurtz to testify about…
Hollywood donors drop ‘Dembargo’ as celebrities back Harris
By Lisa Richwine, Dawn Chmielewski and Danielle Broadway LOS ANGELES (Reuters) – A Hollywood “Dembargo” on political donations has ended,…