Dollar Tumbles Vs Yen, Tracks Treasury Yields, As U.S. Growth Contracts In 2nd Quarter
By Karen Brettell and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar dropped to a six-week low against the yen on…
Headlines
Facebook ends funding for US news partnerships program
Meta Platforms says it will no longer pay U.S. news organizations to have their material appear in Facebook’s News Tab…
L’Oreal Bucks Trend With Chinese Sales Growth In Q2
By Mimosa Spencer PARIS (Reuters) -Cosmetics group L’Oreal bucked a declining trend for the luxury and fashion industry in China…
Southwest posts record revenue but warns of rising costs
DALLAS (AP) — Southwest Airlines’ second-quarter profit doubled to $760 million on record revenue, but it warned that rising costs…
Meta To Keep Facing Apple Privacy Pinch, TikTok Heat For Now
By Eva Mathews (Reuters) – Stiff competition from TikTok and Apple Inc’s privacy changes will remain a cause for concern…
Gov’t: US Bank workers opened fake accounts for sales goals
NEW YORK (AP) — For more than a decade, US Bank pressured its employees to open fake accounts in their…
Oil Rises As Risk Appetite Improves, But Recessionary Fears Loom
By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged higher in choppy trade on Thursday, buoyed by improved risk appetite…
Energy on the table, Macron hosts Saudi prince for dinner
PARIS (AP) — French President Emmanuel Macron is welcoming Saudi Crown Prince Mohammed bin Salman to his presidential palace Thursday…
Toronto Stocks Slip As Mixed Earnings, Bausch Health Weigh
By Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Canada’s main stock index slipped on Thursday following a mixed…
Pfizer’s Comirnaty, Paxlovid push Q2 sales to new heights
Sales of Pfizer’s COVID-19 vaccine and treatment in the second quarter propelled the pharmaceutical giant to the largest quarterly sales…