Wall St Surges Ahead Of Fed Policy Decision; Microsoft Shines
By Devik Jain and Bansari Mayur Kamdar (Reuters) – Wall Street’s main indexes climbed on Wednesday after two turbulent sessions…
Anthem Warns Of Elevated COVID Costs In First Quarter On Omicron Surge
By Manojna Maddipatla (Reuters) -U.S. health insurer Anthem Inc on Wednesday issued a conservative annual profit forecast and warned that…
Mattel Reclaims Rights For Disney Princess Toys From Hasbro
By Praveen Paramasivam and Uday Sampath Kumar (Reuters) -Mattel Inc on Wednesday won the rights to produce dolls based on…
US new home sales jump in December as prices fall
SILVER SPRING, Md. (AP) — Sales of new single family homes in December rose to their highest level in 10…
U.S. Auto Sales To Slip In January On Slim Inventory, Higher Prices
(Reuters) – U.S. auto retail sales are expected to dip in January as reduced manufacturing due to the Omicron variant,…
Analysis-Fed Tightening A Sign To Get The ‘heck Out’ Of U.S. Stocks
By Sujata Rao and Lewis Krauskopf LONDON/NEW YORK (Reuters) – U.S. stock markets, after enjoying their best three-year run in…
U.S. Goods Trade Deficit Hits Record High; Inventories Rise Strongly
By Lucia Mutikani WASHINGTON (Reuters) -The U.S. trade deficit in goods widened to a record high in December amid a…
Norfolk Southern railroad’s Q4 profit up 13% on higher rates
OMAHA, Neb. (AP) — Norfolk Southern railroad delivered 13% greater profit in the fourth quarter even though the amount of…
Gates Foundation expands board following Bill, Melinda split
The Bill and Melinda Gates Foundation announced Wednesday it will add four members to its board of trustees, a first…
Abbott Beats Profit, Sales Estimates On Strong COVID Test Demand
(Reuters) -Abbott Laboratories on Wednesday beat quarterly profit and sales estimates, aided by robust sales of COVID-19 test kits due…