GM, Ford are upbeat on ‘really strong’ US demand
By Nathan Gomes and Joseph White (Reuters) -Top executives of General Motors and Ford gave...
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Intel, AMD sales to take hit from China curbing use of U.S. chips, analysts warn
(Reuters) – Intel and Advanced Micro Devices could lose billions of dollars in sales if...
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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...
EV startup Fisker prepares for possible bankruptcy filing, WSJ reports
(Reuters) -Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy...
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Petrobras shares plunge on axed dividend as Brazil pushes more investment
By Lisandra Paraguassu, Marta Nogueira and Fabio Teixeira BRASILIA/RIO DE JANEIRO (Reuters) -Brazil’s government will...
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Costco stock closes for worst day in nearly two years on quarterly revenue miss
By Ananya Mariam Rajesh (Reuters) -Costco’s shares closed down 7.6% on Friday for its worst...
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Kroger forecasts upbeat 2024 as grocery demand stays strong
By Deborah Mary Sophia (Reuters) -Kroger on Thursday forecast annual sales and profit largely above...
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RBC tops profit estimates on higher interest and fees income
By Nivedita Balu and Manya Saini (Reuters) -Royal Bank of Canada on Wednesday beat analysts’...
Devon Energy reports lower profit, sees production hit from winter storm
(Reuters) -U.S. shale producer Devon Energy reported a fall in fourth-quarter profit on Tuesday, hurt...
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Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his...