GM overhauls North American commercial vehicle sales operations
By Joseph White DETROIT (Reuters) – General Motors Co will consolidate North American sales operations for commercial vehicles, parts and…
Business
Disney CEO questions continued Florida investment in clash with DeSantis
By Dawn Chmielewski and Lisa Richwine (Reuters) -Walt Disney Co Chief Executive Bob Iger on Wednesday accused Florida politicians of…
Nutrien cuts earnings forecast after quarterly profit misses estimates
(Reuters) -Nutrien Ltd on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on…
British home-buyers, facing higher interest rates, retreat in April – RICS
By Suban Abdulla LONDON (Reuters) – British property surveyors reported a drop in demand in April as new buyers turned…
UK’s Sunak may fall short on 2023 inflation goal, NIESR forecasts
By David Milliken LONDON (Reuters) – British Prime Minister Rishi Sunak risks missing his goal of halving inflation this year…
Bank of England poised to raise rates again to tackle stubborn inflation
By William Schomberg LONDON (Reuters) – The Bank of England (BoE) is poised to raise borrowing costs for the 12th…
Disney shares slip as streaming losses narrow but some subscribers leave
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Walt Disney Co reduced streaming losses by $400 million from…
Nasdaq rallies as investors cheer inflation data, Alphabet
By Carolina Mandl and Shristi Achar A (Reuters) – The Nasdaq ended Wednesday at its highest intraday level in more…
Robinhood beats revenue estimates as rate hikes bolster interest income
By Manya Saini (Reuters) – Robinhood Markets Inc on Wednesday surpassed Wall Street estimates for first-quarter revenue, as the U.S….
Occidental to favor buybacks over funding direct air capture plants
By Sabrina Valle HOUSTON (Reuters) -Occidental Petroleum Corp on Wednesday said it will distribute any excess cash from high oil…