(Reuters) – Tenet Healthcare Corp on Monday raised its annual profit forecast after a strong second quarter, betting on a recovery in surgical procedure volumes, sending its shares up 3% in extended trading. The hospital operator sees its 2023 core earnings in the range of $3.31 million to $3.46 million, compared with its previous forecast…
By Gram Slattery RYE, New Hampshire (Reuters) – Sunday afternoon for Ron DeSantis began at a restaurant. The Florida governor sidled into a booth to chat up a pair of newlyweds. Next he took questions at a barbecue outside a small red barn where onlookers munched on hot dogs. His day of campaigning for the…
By David Morgan WASHINGTON (Reuters) -A witness in a Republican-led congressional probe said on Monday that Hunter Biden sought to create an “illusion of access” to his father Joe Biden while doing business in Ukraine but that the then-vice president played no role in any deals, according to a Democratic lawmaker. Former Hunter Biden associate…
By Echo Wang (Reuters) – U.S. stocks closed little changed on Monday, ending a strong July on upbeat company earnings and hopes of a soft landing for a resilient U.S. economy. All three major stock indexes ended with gains for the month, ahead of a busy week of earnings reports from companies including Amazon.com and…
By Ann Saphir (Reuters) -U.S. banks reported tighter credit standards and weaker loan demand from both businesses and consumers during the second quarter, Federal Reserve survey data released on Monday showed, evidence that the central bank’s interest-rate hike campaign is slowing the nation’s financial gears as intended. The Fed’s quarterly Senior Loan Officer Opinion Survey,…
By Herbert Lash NEW YORK (Reuters) -The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during the second quarter, a sign rising interest rates are having an impact on the economy. The Fed’s quarterly Senior Loan Officer Opinion Survey, or SLOOS,…
By Lisa Baertlein LOS ANGELES (Reuters) – The operational shutdown of Yellow Corp, a major U.S. trucking firm, should help prop up industry rates that tumbled after the cargo bubble of the early coronavirus pandemic deflated last year, transportation analysts said. The company, formerly known as YRC, is one of the nation’s largest so-called “less-than-truck…
By Brad Brooks (Reuters) -The American Civil Liberties Union (ACLU) filed a lawsuit on Monday on behalf of Oklahoma residents asking a state judge to block the creation of the nation’s first religious public charter school. Oklahoma’s Statewide Virtual Charter School Board, one of the defendants in the suit, in June approved the Catholic Church’s…
By Carolina Mandl NEW YORK (Reuters) -Global long/short hedge funds, those that bet stocks will fall or rise, were forced to unwind bearish bets that were dragging down performance in July, a Goldman Sachs report showed on Monday. Long/short funds are on track to post the worst monthly so-called alpha performance since May 2022, which…
By David Shepardson WASHINGTON (Reuters) -A California state agency on Monday said it is reviewing the privacy practices of automakers and vehicle technology companies amid concerns about the growing volume of data collected by cars. The California Privacy Protection Agency (CPPA) said its Enforcement Division is making inquiries about vehicles embedded with features like location…
