Bank of America said Thursday that consumers' debit and credit card spending rose across all income brackets in April, although spending levels for lower-income customers appeared to flatten out in recent weeks.
Boeing Co is set to move its headquarters from Chicago to Arlington, Virginia, people familiar with the matter said on Thursday, as the crisis-plagued U.S.
Boeing Co said on Thursday it will move its headquarters from Chicago to Arlington, Virginia, as the crisis-plagued U.S.
Tesla CEO Elon Musk may also become temporary Twitter CEO once his purchase of the platform is complete.
U.S. stocks plunged on news that the Federal Reserve would raise rates by half a point.
Futures on the federal funds rate priced in on Thursday a roughly 75% chance of a three quarters of a percentage point tightening by the Federal Reserve at next month's policy meeting, a day after Fed Chair Jerome Powell ruled out such a rate hike.
Spain spy chief in hot seat over phone hacking scandal
Brazilian food processor BRF SA on Thursday attributed disappointing first-quarter results to a rise in costs and inflation in its domestic market, and vowed to boost its margins and return to profitability.
Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.
Companies could face pressure in the coming weeks to affirm their employees' right to reproductive and abortion care amid the SCOTUS leak.
Fertilizer maker CF Industries Holdings expects a roughly $2 billion price tag for a U.S.
Musk secures $7.1 bn to finance Twitter deal
Death toll rises to 26 in Chinese building collapse
Canada's Brookfield Asset Management is working with banks to sell its 45% stake in French towers firm TDF Group as it seeks to capitalize on growing demand for key infrastructure assets across Europe, sources told Reuters.
Canada's Brookfield Asset Management is working with banks to launch the sale of its 45% stake in French towers firm TDF Group as it seeks to capitalize on growing demand for key infrastructure assets across Europe, sources told Reuters.
Lufthansa and its partner MSC have been looking at financial data opened up by state-owned ITA Airways to see if the Italian airline would make a good strategic acquisition, the German carrier's chief executive said on Thursday.
Walgreens Boots Alliance said on Thursday it has reached a $683 million settlement with Florida to resolve claims that the pharmacy chain exacerbated an opioid epidemic in the state.
Electric vehicle maker Nikola Corp said on Thursday it had secured sufficient component supplies to meet its delivery target of between 300 and 500 Tre battery electric trucks this year, sending its shares more than 7% higher.
New claims for U.S. unemployment benefits increased to a more than two-month high last week, but remained at a level consistent with tightening labor market conditions and further wage gains that could keep inflation hot for a while.
“As soon as I got diagnosed with COVID, I did not feel safe," one Carnival Cruise passenger aboard the the ship said.
Wall Street's main index fell sharply on Thursday in a broad-based selloff as the Federal Reserve's less hawkish tone failed to ease investors' expectations of bigger interest rate hikes this year to tame surging inflation.
Wall Street's main indexes tumbled on Thursday as investors fretted the Federal Reserve's rate hike might not be enough to bring inflation under control and the U.S.
Britain's pound and government bond yields slid on Thursday, after the Bank of England raised interest rates to their highest since 2009 but warned that the economy was at risk of recession.
Lufthansa warns of price rises as tourist demand takes off
German carmaker Volkswagen AG and partners will invest 10 billion euros ($10.6 billion) to make electric vehicles and batteries in Spain, its chief executive said on Thursday, 3 billion euros more than it had previously committed.
U.S. oil producer ConocoPhillips on Thursday reported a first-quarter profit that jumped five-fold and exceeded Wall Street estimates on higher energy prices and volumes.
Canada's Shopify Inc reported its slowest quarterly revenue growth since going public in 2015 and delivered a big miss on profit, sending the company's U.S.-listed shares tumbling 17% on Thursday.
Airlines face a slew of growing costs in the coming year including higher insurance, fuel, labour and lease rates, the chief executive of major aircraft lessor SMBC Aviation Capital said on Thursday.
Elon Musk is expected to become Twitter's temporary CEO after closing his $44 billion takeover of the social-media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for the deal.
Reuters surveyed 20 large companies that both report their carbon footprints and embrace remote work about whether they estimate carbon emissions from employees' home offices.
