Australia Retail Sales Rise 0.9% To Record High In April
SYDNEY (Reuters) – Australian retail sales climbed to record highs in April as consumers spent big for the holidays, though…
Reuters
Oil Just Off 2-month High Amid Global Supply Concerns
By Stephanie Kelly (Reuters) – Oil prices eased slightly in early Asian trade on Friday, after surging to a two-month…
Costco Margins Hit By Rising Freight And Labor Costs, Shares Slip
By Ananya Mariam Rajesh (Reuters) – Costco Wholesale Corp reported a fall in gross margins on Thursday, hit by soaring…
Chevron, Union Sign Tentative Pact To End California Refinery Strike
By Erwin Seba HOUSTON (Reuters) -The United Steelworkers union (USW) on Thursday afternoon signed a tentative agreement to end a…
EY Evaluating Strategic Options To Improve Audit Quality
(Reuters) – Ernst & Young is evaluating options to improve their audit quality, Chief Executive Carmine Di Sibio said on…
Chevron, Union Sign Tentative Pact To End California Refinery Strike – Sources
HOUSTON (Reuters) – The United Steelworkers union (USW) on Thursday afternoon signed a tentative agreement to end a nine-week-old strike…
Chipmaker Broadcom To Buy VMware In $61 Billion Deal
By Chavi Mehta and Krystal Hu (Reuters) – Broadcom Inc said on Thursday it will acquire cloud computing company VMware…
Illinois Officials Order Stay On Carvana’s Temporary License Suspension
(Reuters) – The Illinois Secretary of State’s office implemented a stay on Carvana Co’s temporary suspension, allowing the online used-car…
Gap Slashes Profit Forecast As Inflation Drains Demand, Costs Mount
(Reuters) – Gap Inc cut its annual profit forecast on Thursday, becoming the latest U.S. retailer to come under pressure…
Fed’s Brainard: We Can’t Take Global Status Of U.S. Dollar For Granted
By Lindsay Dunsmuir (Reuters) – The world is moving rapidly toward increasing use of digital payments and an official digital…