Vale Profit Disappoints as China Slowdown Dampens Sales
Brazilian mining giant Vale SA reported second-quarter earnings that trailed expectations as weaker metal prices and sluggish sales
2023-07-28 07:52
Ford Blames EV Price War for Delay in Plans to Boost Output
Ford Motor Co.’s is throttling back on plans to ramp-up electric vehicle production, pointing the finger at a
2023-07-28 07:26
Walmart in Mexico posts slightly higher profit amid June sales uptick
MEXICO CITY (Reuters) -Walmart's Mexico unit on Thursday posted a 5% year-on-year rise in its second-quarter net profit, boosted by
2023-07-28 07:25
Singapore Crab Restaurateur Charged With Share Price Rigging, Straits Times Reports
No Signboard Holdings Ltd.’s Chief Executive Officer Lim Yong Sim was charged with price rigging in Singapore, the
2023-07-28 07:22
Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
2023-07-28 07:21
Citigroup says some predecessor companies likely saw indirect financial benefits from slavery
Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant acknowledged Thursday, an admission that comes at a time when numerous institutions are re-examining their historic roots and the roles they played in slavery in the U.S. In research conducted last year, Citi found that none of its predecessor companies directly purchased, sold, or held slaves
2023-07-28 07:19
US States Can Finally Start Applying for IRA Incentive Money
Almost a year after US President Joe Biden signed the Inflation Reduction Act into law, American consumers are
2023-07-28 06:56
Kraft Heinz defeats lawsuit over mac & cheese preparation time
By Jonathan Stempel A federal judge on Thursday dismissed a lawsuit accusing Kraft Heinz & Co of misleading
2023-07-28 06:54
Jose Cuervo distiller's profit drops slightly amid North America headwinds
MEXICO CITY Mexican distiller Becle, the world's largest tequila producer, on Thursday posted a 5% drop in second-quarter
2023-07-28 06:51
TC Energy to Spin Off Oil Unit to Focus on Low-Carbon Future
TC Energy Corp. plans to spin off its oil pipelines unit, helping it trim debt and shift its
2023-07-28 06:50
As cyclists ride across Iowa, they are seeing craft breweries driving small-town tourism
There are hundreds of breweries represented on the jerseys of the thousands of cyclists on RAGBRAI, the annual bike ride across Iowa
2023-07-28 06:46
Oreo maker increases growth forecast thanks to demand for cookies, sweets
The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez International said in its second quarter earnings call Thursday.
2023-07-28 06:27