Finance

Apple's earnings top analysts' forecasts, but year-over-year sales drop for third straight quarter

Apple eked out slightly higher profit even though sales dipped during its latest quarter

2023-08-04 06:57

GM criticizes autoworkers union's contract demands

By David Shepardson WASHINGTON General Motors on Thursday said it expects to offer union workers higher wages but

2023-08-04 06:53

NYC passes bill to make pandemic-era outdoor dining program permanent, with more specific guidelines

The New York City Council approved a bill Thursday to make the pandemic-era outdoor dining program a permanent part of the city, with some restrictions, according to the Office of New York City Mayor Eric Adams.

2023-08-04 06:50

Banks keep up high use of new Fed lending program after spring turmoil

By Ann Saphir Months after a string of bank failures sent shockwaves through the global banking industry, U.S.

2023-08-04 06:48

Mexico's move of cargo flights snarls planned Allegiant-VivaAerobus tie-up

By Kylie Madry MEXICO CITY Mexico's move of cargo flights from the capital's main airport to a more

2023-08-04 06:17

You'd have to work five lifetimes to make what your boss makes in one year, report shows

The gulf between a CEO's paycheck and their typical employee's has always been vast. But the advent of AI is already threatening to exacerbate that gap, enriching the C-suite at the expense of their employees, according to a new report from the AFL-CIO.

2023-08-04 05:57

Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher

Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading

2023-08-04 05:53

Airbnb profit jumps to $650 million in 2Q, as bookings increase and rental rates hold steady

Airbnb says its second-quarter profit rose more than 70% from a year ago to $650 million thanks to strong bookings for summer-vacation rentals

2023-08-04 05:51

Taylor Swift urged to postpone LA shows as hotel workers strike

"Swifties" heading to Los Angeles to see Taylor Swift concerts this week may find a large number of staff at their hotels on strike when they get there.

2023-08-04 05:51

Tupperware shares soar on agreement with lenders to restructure debt

Tupperware Brands said on Thursday it has finalized an agreement with its lenders to restructure its debt obligations

2023-08-04 05:50

JPMorgan says it expects to pay about $3 billion to help refill FDIC fund

By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase expects to set aside about $3 billion to replenish the Federal Deposit

2023-08-04 05:49

Corteva profit beats expectations on higher seed prices

(Reuters) -Agricultural chemical and seed company Corteva beat Wall Street estimates for second-quarter profit on Thursday, benefiting from strong demand

2023-08-04 05:29