Americans’ confidence in Powell hits a low mark for a Fed chief, poll shows
(Reuters) – Americans’ confidence in Federal Reserve Chair Jerome Powell’s economic stewardship has skidded to the lowest of any recent…
Business
Coty’s fragrances sweeten profit forecast after strong beat
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) -Coty Inc on Tuesday raised its annual profit forecast for the…
US small business sentiment slumps to more than 10-year low
By Lucia Mutikani WASHINGTON (Reuters) -U.S. small business confidence fell to more than a 10-year low in April on worries…
KKR, Macquarie eyeing Singapore’s waste management firm SembWaste – sources
By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – U.S. private equity group KKR & Co Inc and Australia’s…
GM hires former Apple executive Abbott to lead software unit
(Reuters) – General Motors Co on Tuesday named former Apple Inc executive Mike Abbott to lead a division that will…
Global hedge fund launches at lowest level since 2017 -Preqin
By Nell Mackenzie LONDON (Reuters) – Hedge fund launches in 2023 are at their lowest level globally since 2017, data…
Under Armour expects dull annual sales, profit as demand slows
By Granth Vanaik (Reuters) -Under Armour Inc forecast annual sales and profit below Wall Street estimates on Tuesday, signaling that…
Fed’s Jefferson says economy slowing in “orderly” manner
WASHINGTON (Reuters) – The U.S. economy is slowing in an “orderly fashion” that should allow inflation to decline even as…
Amazon begins selling toys, clothing through mobile games
By Arriana McLymore NEW YORK (Reuters) – Amazon said on Tuesday it had begun selling users of mobile games related…
Chipmaker GlobalFoundries forecasts downbeat quarter, shares fall
(Reuters) – GlobalFoundries Inc projected quarterly revenue below estimates on Tuesday as the chip manufacturer takes a hit from slumping…