Micron Sets 10% Job Cuts In 2023 Due To ‘supply-demand Mismatch’
By Akash Sriram and Jane Lanhee Lee (Reuters) -Chipmaker Micron Technology Inc on Wednesday forecast a much steeper-than-expected second-quarter loss…
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Under Armour Names Marriot’s Linnartz As CEO
(Reuters) -Under Armour Inc on Wednesday named Stephanie Linnartz as its chief executive officer, months after Patrik Frisk stepped down…
Airbus Pledges Deeper Industrial Ties With India
PARIS (Reuters) – Airbus plans to deepen its industrial presence in India, Chief Executive Guillaume Faury said on Wednesday after…
Yen Retreats After BOJ Policy Tweak Sparked Surge
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the…
U.S. Existing Home Sales Fall For 10th Straight Month In November
WASHINGTON (Reuters) – U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued…
Oil Prices Rise Over $2 On Drawdown In U.S. Crude Stocks
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose by more than $2 on Wednesday after data showed a larger-than-expected draw…
AMC Abandons Talks To Acquire Bankrupt Cineworld’s Theaters
(Reuters) -Cinema chain AMC Entertainment Holdings said on Wednesday it was no longer in talks to acquire some theaters owned…
FTX Founder Bankman-Fried’s Extradition Looms As FBI Arrives In Bahamas
By Jared Higgs, Jasper Ward and Maria Alejandra Cardona NASSAU (Reuters) -Proceedings are set to resume on Wednesday in Sam…
Dealmakers Brace For Slow 2023 Recovery After Global M&A Sinks
By Anirban Sen and Pamela Barbaglia NEW YORK/LONDON (Reuters) -Merger and acquisition (M&A) activity globally fell well short of the…
Theater Chain AMC Says No Longer In Talks To Acquire Cineworld
(Reuters) – Cinema chain AMC Entertainment Holdings said on Wednesday it was no longer in talks to acquire bankrupt Cineworld…