Hyrra Features the Latest and Most Talked-About Topstories News and Headlines from Around the World.
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UPS lowers 2023 revenue expectations, citing tentative labor deal with 340,000 unionized workers
UPS lowers 2023 revenue expectations, citing tentative labor deal with 340,000 unionized workers
Revenue declined at UPS in the second quarter and the package delivery company lowered its full-year revenue expectations by $4 billion, primarily due to a tentative labor contract reached late last month with its 340,000 unionized workers
2023-08-08 19:59
Moody's warns it could cut credit ratings of 6 big US banks
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:57
Thousands of flights are delayed or canceled following severe storms
Thousands of flights are delayed or canceled following severe storms
Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that hammered the eastern United Sates.
2023-08-08 19:27
Under Armour beats quarterly sales estimates on steady demand
Under Armour beats quarterly sales estimates on steady demand
(Reuters) -Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts upheld demand for the sportswear maker's clothes
2023-08-08 19:20
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.
2023-08-08 18:56
SoftBank reports mixed quarter, says 'timidly' restarting investment
SoftBank reports mixed quarter, says 'timidly' restarting investment
By Anton Bridge TOKYO (Reuters) -Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back
2023-08-08 18:53
Backlight to Speak on Game Narrative Development and Collaboration at devcom Conference
Backlight to Speak on Game Narrative Development and Collaboration at devcom Conference
BOSTON--(BUSINESS WIRE)--Aug 8, 2023--
2023-08-08 18:50
US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile
US inflation has steadily cooled. Getting it down to the Fed's target rate will be the toughest mile
Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years
2023-08-08 18:50
US small business confidence rises to 8-month high in July, NFIB says
US small business confidence rises to 8-month high in July, NFIB says
By Safiyah Riddle U.S. small business confidence edged up to an eight-month high in July, as concerns about
2023-08-08 18:26
UPS cuts revenue view on lower e-commerce demand, new labor contract
UPS cuts revenue view on lower e-commerce demand, new labor contract
(Reuters) -United Parcel Service on Tuesday cut its 2023 revenue and margin forecast, hurt by softening e-commerce demand and an
2023-08-08 18:20
Barrick beats quarterly profit estimates on higher gold prices
Barrick beats quarterly profit estimates on higher gold prices
Barrick Gold Corp beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from
2023-08-08 18:18
US small businesses feel better about the economy, but still can't find enough skilled workers
US small businesses feel better about the economy, but still can't find enough skilled workers
US small businesses are noticing slightly better business conditions and are feeling less pessimistic about the economy's future, but they're still gloomy when it comes to hiring, according to a survey released Tuesday by the National Federation of Independent Business.
2023-08-08 18:15
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