China industrial profits fall in March, stir doubts about economic recovery
By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s industrial profits fell in March and slowed gains for the quarter…
Category: Business
Tesla to lay off 693 employees in Nevada, government notice says
SAN FRANCISCO (Reuters) -Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice showed,…
How Trump could influence the makeup of the Fed
(Reuters) – Donald Trump’s allies are reported to be drafting proposals to erode the Federal Reserve’s independence if the presumptive…
Earnings for Big Oil backpedal as natgas prices tumble
By Sabrina Valle HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a…
Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say
By Abigail Summerville NEW YORK (Reuters) – General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring…
Warren Buffett’s real estate brokerage reaches $250 million antitrust settlement
By Jonathan Stempel (Reuters) – A real estate brokerage owned by Warren Buffett’s Berkshire Hathaway said on Friday it reached…
Google parent Alphabet reclaims spot in $2 trillion valuation club
(Reuters) – Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as…
Crypto firm Consensys sues US SEC over Ethereum regulation
(Reuters) -Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) tied to the regulation of the…
US FCC approves T-Mobile deal to buy budget provider Mint Mobile
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Communications Commission said on Thursday it will approve the T-Mobile US deal…
Blackstone to buy restaurant chain Tropical Smoothie
(Reuters) – Blackstone has agreed to buy Tropical Smoothie Cafe, the private equity firm said on Wednesday, in a deal…