Nordstrom delivers surprise profit as inventory woes ease
By Deborah Mary Sophia (Reuters) -Nordstrom Inc posted a surprise first-quarter profit on Wednesday as better inventory control and demand…
Business
Salesforce posts slowest quarterly revenue growth since 2010
By Tiyashi Datta (Reuters) -Salesforce Inc posted an 11% rise in quarterly revenue, its slowest pace of growth in 13…
OPEC has not invited Reuters, Bloomberg to report on weekend policy meets
DUBAI/LONDON (Reuters) -OPEC has not invited Reuters or Bloomberg news agencies to report on ministerial meetings in Vienna this weekend…
McConnell says he expects debt ceiling bill to pass House on Wednesday
WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said he expected the debt ceiling bill to pass the House…
Exclusive-US set to allow GE to make engines in India for New Delhi’s military jets
By Trevor Hunnicutt, Krishn Kaushik and Rajesh Kumar Singh WASHINGTON/NEW DELHI (Reuters) – The Biden administration is poised to sign…
Bankman-Fried hints at blame-the-lawyers defense in criminal case
By Alison Frankel (Reuters) – Indicted FTX founder Sam Bankman-Fried seems to be gearing up to blame the lawyers who…
Marketmind: June starts on a nervous note
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A batch of…
Ex-JPMorgan executive wrote Epstein ‘should not be a client’ in 2011 email -deposition
NEW YORK (Reuters) – JPMorgan Chase & Co’s former general counsel Stephen Cutler wrote in a 2011 email that the…
US asks Mexico to review alleged denial of workers’ rights at Draxton facility
By Kanishka Singh WASHINGTON (Reuters) – The United States has asked Mexico to review whether workers at a Draxton facility…
EU to propose greater transparency for default swaps on eight banks
By Huw Jones LONDON (Reuters) -The European Commission will propose greater transparency in the trading of credit default swaps of…