JPMorgan deal forces Biden administration to defend record on mergers
By Andrea Shalal and Pete Schroeder WASHINGTON (Reuters) – JPMorgan Chase & Co’s deal to buy First Republic Bank pushed…
Business
How JPMorgan’s Dimon won the First Republic deal
By Nupur Anand, Anirban Sen, David French and Isla Binnie NEW YORK (Reuters) -On March 12, as several U.S. banks…
Tesla raises prices in US, China, Japan and Canada
By Akriti Sharma (Reuters) -Tesla Inc has raised prices in a range of up to $290 in Canada, China, Japan…
Ford’s Kentucky Truck Plant road-tests a new quality strategy
By Joseph White LOUISVILLE, Kentucky (Reuters) – Shutting down the assembly lines that build Super Duty pickup trucks at Ford…
Diamondback Energy sees oilfield inflation easing
By Liz Hampton DENVER (Reuters) – U.S. shale producer Diamondback Energy on Tuesday said rig prices are falling and steel…
Edtech Chegg tumbles as ChatGPT threat prompts revenue warning
By Medha Singh (Reuters) -What’s the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc,…
Food pushes Pakistan inflation to record 36.4% in April
By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan inflation rose to a record 36.4% in the year to April driven mainly…
Cheniere raises 2023 core earnings forecast after strong quarter
By Sourasis Bose (Reuters) – Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc raised its 2023 core earnings…
Sysco Corp misses profit estimates on higher input costs
(Reuters) – U.S. food distributor Sysco Corp missed Wall Street expectations for third-quarter profit on Tuesday, hurt by higher raw…
Brazil postpones new rules for opening meal voucher market
BRASILIA (Reuters) – Brazil’s government has dealt a setback to new entrants hoping to capture a larger share of the…