US Fed’s Daly says rate hikes essential to bring down prices
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday reiterated that rate hikes will be essential to…
Business
Disney wants to keep ESPN, could offload some traditional TV assets – Iger
(Reuters) -Walt Disney wants to keep ESPN and will look for strategic partners to form a joint venture or buy…
Hybrid-work trend may wipe out $800 billion from office property values by 2030 – McKinsey study
(Reuters) – A shift to remote working is likely to wipe off $800 billion from the value of office buildings…
Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion
By Granth Vanaik (Reuters) -U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last…
Amazon gets labor board complaint on failure to bargain with NY union
By Chandni Shah (Reuters) -Amazon.com was hit with a complaint on Wednesday for refusing to bargain with a New York…
US FDA reviewing concerns over Logan Paul’s PRIME energy drink
(Reuters) – The U.S. Food and Drug Administration said on Wednesday it is reviewing concerns raised by Senate Majority Leader…
Sensodyne toothpaste-maker Haleon planning job cuts – The Guardian
(Reuters) -Haleon, the world’s biggest standalone consumer health business, is planning to cut hundreds of roles in the UK and…
Factbox-Analysts guarded as AI-driven US stock rally faces earnings test
(Reuters) – Analysts are cautiously optimistic as second-quarter reporting season rolls out amid this year’s rally in U.S. stocks fueled…
US small business lending holding up despite higher cost of credit
By Safiyah Riddle (Reuters) – U.S. small businesses are paying the most for loans in 16 years as borrowing costs…
Conagra forecasts dour profit as higher prices curb demand
By Aatrayee Chatterjee and Mehr Bedi (Reuters) -Conagra Brands Inc on Thursday forecast annual sales and profit below Wall Street…