Gap to cut hundreds of jobs in new round of layoffs – WSJ
(Reuters) -Apparel retailer Gap Inc is eliminating hundreds of jobs from its global workforce, the Wall Street Journal reported on…
Business
US-led IPEF does not conflict with other trade pacts -USTR’s Tai
TOKYO (Reuters) – U.S. Trade Representative Katherine Tai said on Tuesday the Biden administration’s signature Asian engagement project called the…
After existential crisis, Primark broadens ranges and targets U.S
By James Davey LONDON (Reuters) – In April 2020, budget fashion chain Primark was on its knees, unable to sell…
Main events in E. Jean Carroll’s lawsuit accusing Donald Trump of rape
By Jonathan Stempel NEW YORK (Reuters) -Here is a timeline of former Elle magazine advice columnist E. Jean Carroll’s civil…
UPS tempers 2023 revenue view as freight volumes remain strained
By Priyamvada C (Reuters) -United Parcel Service Inc on Tuesday pegged annual revenue at the lower end of its prior…
Centene long-term forecast allays concerns over Medicare Advantage segment
By Raghav Mahobe and Nandhini Srinivasan (Reuters) -Centene Corp on Tuesday maintained its long-term profit growth targets allaying investor concerns…
3M to cut 6,000 roles globally as weak consumer electronics demand bites
By Kannaki Deka (Reuters) – 3M Co will cut about 6,000 positions globally in a second round of lay-offs this…
U.S. hotels set for earnings bump from robust travel even as costs weigh
By Priyamvada C (Reuters) – U.S. hotel operators are expected to post a rise in first-quarter profit even as they…
BoE’s Broadbent says central bank bond-buying not to blame for inflation surge
LONDON (Reuters) -Bank of England (BoE) Deputy Governor Ben Broadbent said on Tuesday that central banks should not ignore measures…
UPS confident of reaching agreement with Teamsters by July-end
(Reuters) – United Parcel Service Inc said on Tuesday it was confident of reaching an agreement over a new contract…