Starbucks reports record revenue as China booms, but sales still fall short of expectations
Starbucks reported record revenue in its fiscal third quarter as sales in China roared back to life
2023-08-02 06:48
BNSF train engineers offered paid sick time and better schedules in new deal
Roughly 7,500 BNSF train engineers may get up to eight days of paid sick time and more predictable schedules if they approve a deal with the railroad announced Tuesday
2023-08-02 06:28
Allstate posts bigger loss as catastrophe claims rise
Insurer Allstate Corp posted a bigger-than-expected quarterly loss on Tuesday as claims related to higher catastrophic events offset
2023-08-02 06:28
Instant View: Fitch downgrades U.S. foreign currency ratings to 'AA+' from 'AAA'
Ratings agency Fitch on Tuesday downgraded the United States' long-term foreign currency ratings to AA+ from AAA, reflecting
2023-08-02 06:22
Fitch downgrades US credit rating, citing mounting debt and political divisions
Fitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades
2023-08-02 06:22
Peru economy shrinks for two straight quarters, minister denies recession
Peru's finance minister said on Tuesday that preliminary data showed the country's economy shrank in June, marking two
2023-08-02 06:21
Environmentalists sue to stop Utah potash mine that produces sought-after crop fertilizer
Environmentalists have filed a lawsuit to prevent the construction of a new potash mine they say would devastate a lake ecosystem in the drought-stricken western Utah desert
2023-08-02 06:19
Starbucks' sales in China come roaring back
Starbucks' China business is back after dropping due to Covid restrictions last year.
2023-08-02 06:17
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
2023-08-02 05:59
Marketmind: US macro 'pain trade' bites
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-02 05:55
Shale producers Pioneer Natural, Devon post sharp drop in second-quarter profits
(Reuters) -Pioneer Natural Resources Co and Devon Energy Corp posted a sharp drop in their second-quarter profits on Tuesday, as
2023-08-02 05:27
Insurer Prudential Financial's profit rises on strong gains in U.S. unit
Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer's U.S. unit benefited
2023-08-02 05:21