NY Fed’s Williams Says U.S. Economy Not In Stagflation Scenario
By Jonnelle Marte (Reuters) – Russia’s invasion of Ukraine adds uncertainty to the U.S. economic outlook and may boost near-term…
Reuters
Japan’s Jan Jobless Rate Rises, Job Availability Hits 21-month-high
By Kantaro Komiya TOKYO (Reuters) – Japan’s jobless rate rose to 2.8% and a gauge of job availability grew to…
Costco Beats Estimates As Shoppers Flock Back To Stores
(Reuters) – Costco Wholesale Corp beat Wall Street estimates for quarterly revenue and profit on Thursday, as consumers returning to…
Pressure Grows On Biden To Ban U.S. Imports Of Russian Oil
By Timothy Gardner WASHINGTON (Reuters) – A bipartisan group of U.S. senators introduced a bill on Thursday to ban U.S….
Icahn Takes Pig-welfare Push Global Amid McDonald’s Proxy Fight
By Tom Polansek CHICAGO (Reuters) – Carl Icahn is broadening a push to get McDonald’s Corp to improve suppliers’ treatment…
Citibanamex To Remodel Mexican Branches, Open At Least 50 More In $68 Million Expansion
By Kylie Madry MEXICO CITY (Reuters) – Citibanamex is spending 1.4 billion pesos ($67.8 million) to remodel more than 1,200…
Costco Beats Quarterly Revenue Estimates
(Reuters) – Membership-only retail chain Costco Wholesale Corp beat Wall Street expectations for quarterly revenue on Thursday, as consumers returning…
Nike, IKEA Close Russian Stores As Sanctions, Trade Restrictions Bite
By Anna Ringstrom, Gwladys Fouche and Eric M. Johnson (Reuters) – Sneaker maker Nike and home furnishings firm IKEA shut…
Stocks Slide As Oil Surge Rattles Inflation Fears
By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Oil prices initially soared on Thursday as the Ukraine war…
Rivian Spares Preorders From Price Hike To Fix ‘painful’ Mistake
By Akash Sriram and Hyunjoo Jin (Reuters) – Rivian Automotive Inc has rolled back price hikes on electric vehicles booked…