Australia’s Coles to take $17 million provision to compensate underpaid staff
(Reuters) – Australian No. 2 supermarket chain Coles Group Ltd said on Friday it would take an additional provision of…
Business
Lululemon outlook lift thrills Wall St as yogawear stays in vogue
By Deborah Mary Sophia (Reuters) – Lululemon Athletica Inc raised its annual sales and profit forecasts on Thursday as wealthy…
JetBlue to spin-off Spirit Airlines’ holdings at NY airport
(Adds media packaging code SPIRIT AIRLINES-M&A/JETBLUE AIRWAYS) (Reuters) -JetBlue Airways Corp said on Thursday it would sell Spirit Airlines Inc’s…
Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer
By Herbert Lash and Shreyashi Sanyal (Reuters) – The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday…
Boeing delays debut crewed Starliner spaceflight over new issues
By Joey Roulette WASHINGTON (Reuters) -Boeing Co will stand down from late preparations for its first crewed Starliner test flight…
Broadcom forecasts third-quarter revenue above estimates on AI boost
By Tiyashi Datta (Reuters) – Broadcom Inc forecast third-quarter revenue above market estimates on Thursday, as it benefits from massive…
Factbox-What’s in the debt ceiling deal struck by Biden and McCarthy?
WASHINGTON (Reuters) – The U.S. Senate is debating a bill brokered by President Joe Biden and House Speaker Kevin McCarthy…
US FDA revokes emergency use authorization for J&J’s COVID vaccine
(Reuters) – The U.S. Food and Drug Administration said on Thursday it has revoked the emergency use authorization for Johnson…
Dell’s quarterly profit drops less than feared on cost cuts
By Tiyashi Datta and Pratyush Thakur (Reuters) -Better cost controls helped Dell Technologies Inc beat estimates for first-quarter profit on…
FDA warns about safety risks of tailored weight-loss drugs
(Reuters) – The U.S. Food and Drug Administration (FDA) warned about the safety risks of using compounded or custom-made versions…