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…
Business
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 SEC approves first spot ether ETFs to start trading Tuesday
(Reuters) – The U.S. Securities & Exchange Commission has told at least two of the eight firms that have applied…
Factbox-What disruptions have been reported after the global tech outage?
(Reuters) -A global tech outage that appeared to be related to issues at cybersecurity firm CrowdStrike and Microsoft on Friday…
Exclusive-Airbus launches new cost-cutting drive after output woes
By Tim Hepher PARIS (Reuters) -Airbus has launched a performance improvement plan including cost cuts and a freeze on overall…
Tesla launches new Model 3 long-range variant at $42,490, website shows
(Reuters) – Tesla on Thursday launched a new rear-wheel drive variant of its Model 3 long-range vehicle, at a price…