BUSINESS

The Consumer Price Index, a measure of the cost of living across the U.S., rose at an annual rate of 8.3% in April, slightly below the 8.5% in March.

Canada's biggest life insurers, Manulife Financial and Sun Life Financial on Wednesday reported core earnings fell from a year ago as the COVID-19 pandemic took a toll on their Asian earnings, with Manulife also missing estimates.

Facebook-owner Meta Platforms Inc is preparing cutbacks in its Reality Labs division, a unit at the center of the company's strategy to refocus on hardware products and the "metaverse," a spokesperson confirmed to Reuters on Wednesday.

Ukrainian forces collect Russian dead left behind

The U.S. National Labor Relations Board (NLRB) has asked a court to order the reinstatement of seven former Starbucks Corp employees in Memphis, Tennessee who it said were unlawfully fired for exercising their right to form a union.

Walt Disney Co eased concerns on Wednesday about the future of streaming video by picking up 7.9 million new Disney+ customers, although the company warned supply chain disruptions and rising wages could pressure finances.

Google making smartwatch in 'ambient' computing push

The U.S. government posted a $308 billion surplus in April - a record for any month - as receipts nearly doubled from a year earlier amid a strong economic recovery from the COVID-19 pandemic, the Treasury Department said on Wednesday.

EU-wide mask rules for flights, airports eased from Monday

Brazil April inflation hits 26-year high

Pfizer Inc's $11.6 billion deal for migraine specialist Biohaven Pharmaceutical has kindled expectations on Wall Street that it may usher in more buyouts as cash-flush drugmakers look to snap up beaten-down smaller biotechs.

Cuba's state cigar monopoly, Habanos S.A., said on Wednesday it logged record sales of its famous hand-rolled smokes in 2021, rebounding strongly after two years of pandemic-induced sluggishness.

Top asset manager BlackRock Inc said on Wednesday it has more than $800 million in commitments for a new impact fund, part of a growing investor focus on diversity and equity themes.

Barrick Gold Corp has nearly doubled its inventory of some key supplies at mines to weather the disruptions caused by Russia's invasion of Ukraine, Chief Executive Mark Bristow told Reuters on Wednesday.

The chief executive of Lucid Group Inc on Wednesday expressed concern about chip supplies from China due to COVID-19 pandemic-related lockdowns, adding that the U.S.

Boeing Co said on Wednesday that supply chain disruptions slowed production and deliveries of its 737 MAX cash-cow narrowbody plane in recent weeks, but it does not see its overall plan for the year being disrupted.

Boeing Co said on Wednesday it would study an equity raise after unlocking deliveries of its 787 and returning its cash-cow 737 MAX to service in China, but flagged supply chain risks amid broader certification and industrial problems.

Boeing Co said on Wednesday that supply chain disruptions slowed production and deliveries of its 737 MAX cash cow narrowbody plane, but does not see its overall plan for the year being disrupted.

iPod RIP: How Apple's music player transformed an industry

Airbnb Inc would allow travelers to split their holiday between two properties to facilitate longer stays, the vacation rental firm said on Wednesday, as it doubles down on a pandemic trend that has powered its recent results.

The head of France's data privacy said on Wednesday she was considering triggering the process of fining U.S.-based Clearview AI, a facial recognition company the regulator had ordered to stop amassing data from people based in the country.

Philip Morris International's $16 billion bid for smaller rival Swedish Match highlights the urgency among cigarette makers to tap new and potentially less harmful alternatives as regulation and health concerns snuff out traditional smokes.

Philip Morris International's $16 billion bid for smaller rival Swedish Match highlights the urgency among cigarette makers to tap new and potentially less harmful alternatives as regulation and health concerns snuff out traditional smokes.

Gates previously warned back in April 2018 that the world was not ready to handle a pandemic.

General Motors and a new independent union at the U.S.

General Motors and a new independent union at the U.S.

The chair of the U.S. Securities and Exchange Commission warned on Wednesday that the agency may bring more enforcement actions in cases involving risky derivatives, saying such products can create "system-wide risks" during times of market stress.

Kohl's Corp investors are expected to reject all 10 of activist Macellum Advisors' director nominees in one of the year's most hotly contested proxy battles, sources familiar with the vote count said on Wednesday.

Kohl's Corp investors on Wednesday rejected activist investment firm Macellum Advisors' efforts to replace 10 board directors at a time the retailer began trying to sell itself.