Lyft to ‘significantly’ cut jobs in new CEO’s first major move
(Reuters) -Lyft Inc CEO David Risher said on Friday the ride-hailing company will “significantly” cut jobs in another round of…
Business
Amazon defeats consumer antitrust lawsuit over fulfillment centers
By Mike Scarcella (Reuters) – Amazon.com Inc on Thursday defeated a private lawsuit in Seattle federal court that accused the…
Procter & Gamble hikes prices again with scant pushback, and boosts sales view
By Jessica DiNapoli and Ananya Mariam Rajesh (Reuters) -Procter & Gamble Co’s customers, particularly in the United States, continued to…
Credit Suisse bondholders sue Swiss regulator over wipe-out
By Kirstin Ridley, Jahnavi Nidumolu and John Revill LONDON (Reuters) -Investors representing more than 4.5 billion Swiss francs ($5 billion)…
U.S. company comments suggest upbeat demand despite gloomy forecasts
By Caroline Valetkevitch NEW YORK (Reuters) – Investors worried the U.S. could be on the brink of a recession may…
Recession-wary investors pour $9.1 billion into hedge funds in first quarter
By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge funds pulled in $9.1 billion in new money during the first three months…
HCA expects surgical recovery to sustain on improved staffing, capacity
By Aditya Samal and Leroy Leo (Reuters) -HCA Healthcare Inc said it expects a recovery in surgical procedures to persist…
China issues report that Boeing sees as key to restart 737 MAX deliveries
By Valerie Insinna and Brenda Goh WASHINGTON/SHANGHAI (Reuters) -China’s aviation regulator has published a report that Boeing views as a…
South African labour unions reject Eskom pay offer
JOHANNESBURG (Reuters) – Labour unions rejected a 3.75% pay rise offer from South Africa’s power utility Eskom as it is…
Canada retail sales seen slumping in March
OTTAWA (Reuters) -Canadian retail sales dipped by 0.2% in February from January, and are expected to drop another 1.4% in…