Tyson Foods to cut 262 employees in South Dakota who opt not to relocate
CHICAGO (Reuters) – Tyson Foods Inc will terminate about 262 employees in South Dakota who chose not to relocate to…
Business
Citigroup CEO says Mexico IPO is best for shareholders, other sales going well
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc CEO Jane Fraser said scrapping the sale of…
US employers boost hiring in May, but labor market losing steam
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to…
Canadian oil producer Suncor Energy to cut 1,500 jobs under new CEO
(Reuters) – Canada’s second-biggest oil producer Suncor Energy has told employees it plans to cut 1,500 jobs this year, two…
Fitch keeps U.S. credit rating on negative watch despite debt limit deal
(Reuters) -The United States’ “AAA” credit rating will remain on negative watch, despite a debt limit agreement that will allow…
Analysis-Risk of US downgrade still on the cards despite debt deal
By Davide Barbuscia NEW YORK (Reuters) -While a U.S. default on its debt has been averted, the possibility of another…
Orpea draws first 200 million euros from new financing as restructuring plan continues
(Reuters) – French company Orpea, hit by allegations of malpractice at its care homes and a sharp drop in valuation,…
Banks stocks gain after US Congress averts historic debt default
(Reuters) – Shares of U.S. banks rose on Friday after the U.S. Senate on Thursday passed bipartisan legislation that lifted…
GM chief Barra stands by her bet on autonomous vehicles
By Joseph White and Shivansh Tiwary DETROIT (Reuters) -General Motors Co Chief Executive Mary Barra had a message on Friday…
Citizens Financial Group not looking to do many acquisitions, says CEO
(Reuters) – Citizens Financial Group Inc is not looking to do many acquisitions in the near term, the bank’s Chief…