BUSINESS

'End of an era' as New York removes last of its iconic payphone booths

TikTok lets creators charge monthly subscriptions

Snap Inc said the economy had worsened faster than expected in the last month and the social media company slashed its quarterly forecast, triggering an after-hours sell-off.

Snap Inc expects to miss its quarterly revenue targets, the company said in a filing on Monday, and will slow hiring for this year, Chief Executive Evan Spiegel told employees.

Workers endorse union at Activison Blizzard game studio

Stellantis NV and Samsung SDI plan to announce on Tuesday they will build a new battery plant in Indiana as the Chrysler-parent ramps up electric vehicle production plans, sources briefed on the matter told Reuters.

Shares of U.S. retailers and consumer-oriented stocks took a beating last week, but may not yet be low enough to tempt long-term investors who remain worried about whether surging inflation will continue to hurt corporate bottom-lines and cause shoppers to cut back.

S&P 500 earnings reports are beginning to look like the bear market of the early 2000s

Tesla Inc CEO Elon Musk may have denounced business use of environmental, social and governance (ESG) factors as a "scam" last week but one sustainable investing pioneer thinks the electric carmaker still believes in the cause.

Arby's is offering its Wagyu Steakhouse Burger in attempt to stand out among competition in the fast-food industry.

The Walmart Juneteenth celebration ice cream is a ice cream a swirled red velvet and cheesecake flavor sold under the Great Value brand.

British proxy adviser PIRC on Monday urged Exxon Mobil Corp shareholders to vote against the re-election of five directors, including Chairman Darren Woods, at an annual general meeting on Wednesday.

British proxy advisor Pensions & Investment Research Consultants Limited (PIRC) on Monday urged Exxon Mobil Corp shareholders to vote against the re-election of five directors, including Chairman and Chief Executive Darren Woods at Wednesday's annual general meeting.

Missiles, helicopters: 20 countries offer new arms for Ukraine

Republican U.S. Senator Pat Toomey said Monday it is likely Michael Barr will be confirmed as the Federal Reserve's Wall Street cop, although he has not yet decided on whether to support the nomination.

The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco told Reuters, adding it cannot expand production capacity any faster than promised.

Starbucks joins a growing list of 327 companies that completely withdrew business in Russia and over 1,000 that scaled back business to varying degrees in the region.

Barclays said on Monday it had identified a single "material weakness" in its internal control processes, as it refiled its accounts with U.S.

British entrepreneur Sir Martin Sorrell said at the Davos World Economic Forum that tech companies, despite recent struggles, could experience a boom from the Russia-Ukraine war.

Facebook's Zuckerberg targeted in US privacy lawsuit

Saudi Arabia's finance minister said on Monday there were no immediate plans to transfer more funds to the Public Investment Fund (PIF), the sovereign wealth fund at the centre of the kingdom's plans to diversify its economy away from oil.

BlackRock Investment Institute cut its ratings of developed market (DM) equities to "neutral" from "overweight" on Monday, citing the U.S.

Expectations are running low for electronics retailer Best Buy Co Inc's quarterly earnings on Tuesday after results from two major industry players showed Americans were balking at big-ticket purchases due to decades-high inflation.

Starbucks to completely exit Russia after Ukraine invasion

U.S. households reported their highest level of financial well-being since tracking began almost a decade ago and the gains late last year were felt across all racial and ethnic groups, a Federal Reserve report released on Monday showed, a sign of both the benefits and risks of the central bank's aim to vanquish inflation.

Tunisia's powerful labour union said on Monday it would hold a national strike over wages and the economy after refusing to take part in a limited dialogue proposed by the president as he rewrites the constitution.

Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

Lithuania, Slovakia, Latvia and Estonia will call on Tuesday for the confiscation of Russian assets frozen by the European Union to fund the rebuilding of Ukraine after Russia's invasion, a joint letter written by the four showed on Monday.

Greece says blocks hundreds of migrants from crossing Aegean