U.S. West Coast ports regain lost volume as competitive pressure mounts
By Lisa Baertlein CHICAGO Some U.S. importers who shifted cargo away from West Coast ports to rival gateways
2023-05-18 20:52
Initial jobless claims fell last week as fraudulent activity in Massachusetts clouds data
The number of first-time claims for weekly jobless benefits fell last week to 242,000, down 22,000 from 264,000 the week before, according to data published Thursday by the Department of Labor.
2023-05-18 20:45
BNY Mellon prices $500 million debt offering via diverse bookrunners
NEW YORK The Bank of New York Mellon Corporation priced a $500 million debt offering that was underwritten
2023-05-18 20:28
Walmart boosts outlook after a strong first quarter and rising online sales
Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget conscious consumers in a challenging economic environment
2023-05-18 20:27
TuSimple to restructure US business, lay off 30% staff
Autonomous driving technology company TuSimple Holdings Inc said on Thursday that it will restructure its U.S. operations and
2023-05-18 20:21
Global wheat prices fall as Russia-Ukraine grain deal extended
Global wheat prices fell Thursday after Ukraine and Russia agreed to extend a deal allowing grain to be exported from Ukrainian ports in the Black Sea.
2023-05-18 20:20
Why a Fed rate-hike pause may not be as great for stocks as Wall Street hopes
To Wall Street's relief, the end appears in sight for the Federal Reserve's sharp hikes to interest rates
2023-05-18 20:17
Ford recalls SUVs, some for a second time, to fix rear camera display
Ford is recalling over 422,000 SUVs in the U.S. because the image from the rear camera may not be displayed
2023-05-18 19:55
PacWest, Western Alliance lead rebound in US regional lenders
Battered shares of PacWest Bancorp and Western Alliance Bancorp edged higher in premarket trading on Thursday as the
2023-05-18 19:54
Canada Goose sees annual sales above estimates on China rebound
Canada Goose Holdings Inc forecast annual sales above Wall Street estimates on Thursday, betting on a sharp rebound
2023-05-18 19:52
China's loans pushing world’s poorest countries to brink of collapse
A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China
2023-05-18 19:28
Walmart lifts annual sales, profit view on resilient consumer spending
(Reuters) -Walmart Inc raised its annual sales and profit targets on Thursday as the retail behemoth drew from price-conscious shoppers
2023-05-18 19:28