Carnival forecasts lower profit as costs bite, shares drop 11%
By Ananya Mariam Rajesh and Juveria Tabassum (Reuters) -Cruise operator Carnival on Monday forecast third-quarter profit largely below estimates as…
Business
Starbucks strike over Pride decor follows LGBTQ anger on hours, benefits
By Hilary Russ and Caroline Valetkevitch (Reuters) -Workers at dozens of U.S. Starbucks locations held strikes on Sunday to express…
Alaska district of US Army Corps seeks more time to comment on Pebble mine
(Reuters) – Canada’s Northern Dynasty Minerals said on Monday the Alaska district of the U.S. Army Corps of Engineers (USACE)…
Carmakers owe compensation for emissions cheating devices, German court rules
(Reuters) – Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled…
UK finance minister Hunt says banks are slow to pass on rate hikes to savers
LONDON (Reuters) – Britain’s finance minister Jeremy Hunt said on Monday that banks are too slow to pass on increases…
Goldman Sachs taps former BofA executive Tom Montag for board -source
By Saeed Azhar and Manya Saini NEW YORK (Reuters) – Goldman Sachs Group Inc plans to add former Bank of…
America Movil announces foreign debt offering of up to 20 billion pesos
MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil, controlled by the family of tycoon Carlos Slim, announced the launch…
Fed’s Williams: Restoring price stability is critical goal right now
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams played down the linkage…
Prologis to buy industrial properties from Blackstone for $3.1 billion
(Reuters) -Prologis Inc said on Monday it has agreed to buy 14 million square feet of industrial properties from real…
IBM to buy software co Apptio for $4.6 billion to bolster cloud offerings
By Yuvraj Malik (Reuters) -IBM said on Monday it will acquire technology spend-management platform Apptio from Vista Equity Partners for…