AMD shares sink on forecast miss as PC market remains weak
By Chavi Mehta, Jane Lanhee Lee and Stephen Nellis (Reuters) -Advanced Micro Devices shares slumped on Tuesday after the chipmaker…
Business
PNC promises up to $15 billion in short-term debt to provide additional liquidity
(Reuters) -PNC Financial Services Group Inc said on Tuesday the parent company and its banking unit can offer up to…
Exclusive-White House: Fed interest rates having negative effect on banking
By Andrea Shalal WASHINGTON (Reuters) -A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at…
TikTok’s head of U.S. trust and safety will leave the company
By Sheila Dang (Reuters) -TikTok said on Tuesday its head of U.S. trust and safety, Eric Han, will depart the…
Carrefour Brasil swings to quarterly loss as BIG purchase weighs
SAO PAULO(Reuters) -Carrefour Brasil reported a first quarter net loss of 113 million reais ($22.39 million), hit by high investment…
Indexes fall 1% as regional banks tumble, investors fret before Fed
By Caroline Valetkevitch NEW YORK (Reuters) – Major U.S. stock indexes fell more than 1% each on Tuesday as regional…
Vanda Pharmaceuticals sues U.S. government over drug trade secrets
By Blake Brittain (Reuters) – Vanda Pharmaceuticals Inc has sued the federal government in Washington, D.C., federal court over accusations…
Starbucks profits beat on China recovery, shares dive on guidance
By Deborah Mary Sophia and Hilary Russ (Reuters) -Starbucks Corp beat Wall Street estimates on Tuesday for quarterly profits, powered…
Ford’s profit rises on strong truck demand but EV outlook weighs
By Joseph White and Nathan Gomes (Reuters) -Ford Motor Co on Tuesday posted robust first-quarter revenue and profit, thanks to…
Amgen sues Novartis to block generic osteoporosis, bone cancer drugs
By Blake Brittain (Reuters) – Amgen Inc sued Novartis AG’s Sandoz in New Jersey federal court Monday, accusing Sandoz’s proposed…