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FedEx soars on profit beat, improved margins in its Express unit
Business

FedEx soars on profit beat, improved margins in its Express unit

By Shivansh Tiwary (Reuters) -FedEx shares surged on Friday after the parcel giant beat estimates for quarterly profit and reported…

March 22, 2024March 22, 2024
Exclusive-China’s Leapmotor to build EVs at Stellantis’ Polish plant, sources say
Business

Exclusive-China’s Leapmotor to build EVs at Stellantis’ Polish plant, sources say

(Reuters) -Leapmotor electric vehicles (EVs) will be built at partner Stellantis’ Tychy plant in Poland, two people close to the…

March 22, 2024March 22, 2024
US Senate takes up $1.2 trillion bill to avoid shutdown, midnight deadline looms
Domestic

US Senate takes up $1.2 trillion bill to avoid shutdown, midnight deadline looms

By David Morgan, Richard Cowan and Makini Brice WASHINGTON (Reuters) -The Democratic-majority U.S. Senate on Friday was trying to pass…

March 22, 2024March 22, 2024
Yellen would welcome US legislation to aid cannabis banking access
Domestic

Yellen would welcome US legislation to aid cannabis banking access

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday she would welcome legislation that would…

March 22, 2024March 22, 2024
Uncategorized

Top 5 Defense Stocks Poised to Soar in the Months Ahead

With wars actively being waged in several parts of the world right now – and the prospect for additional conflicts…

March 22, 2024January 27, 2025
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
Business

FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%

By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end…

March 21, 2024March 21, 2024
Lululemon warns of slowing North America sales as spending falters
Business

Lululemon warns of slowing North America sales as spending falters

By Annett Mary Manoj (Reuters) -Lululemon Athletica forecast annual revenue and profit below expectations on Thursday as demand wanes for…

March 21, 2024March 21, 2024
Microsoft pays Inflection $650 million in licensing deal while poaching top talents, source says
Business

Microsoft pays Inflection $650 million in licensing deal while poaching top talents, source says

By Krystal Hu and Harshita Mary Varghese (Reuters) -Microsoft has agreed to pay AI startup Inflection about $650 million in…

March 21, 2024March 21, 2024
Apollo offers $11 billion for Paramount’s Hollywood studio, source says
Business

Apollo offers $11 billion for Paramount’s Hollywood studio, source says

By Dawn Chmielewski (Reuters) – Private equity firm Apollo Global Management has offered $11 billion for Paramount Global’s Paramount Pictures…

March 21, 2024March 21, 2024
Wall St ends higher as Fed keeps three rate cuts on the horizon
Business

Wall St ends higher as Fed keeps three rate cuts on the horizon

By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s main stock indexes closed higher on Wednesday after the Federal…

March 20, 2024March 20, 2024

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