
Australia’s Cooler Inflation Bolsters Case for RBA to Stand Pat
Australia’s inflation rate slowed more than expected in the three months through June, reflecting global trends and bolstering
2023-07-26 09:48

L’Occitane Owner Said to Mull Buyout of $4.2 Billion Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge
2023-07-26 09:45

Asian Equities Trade Mixed Ahead of Fed Meeting: Markets Wrap
Stocks in Asia traded mixed at the open on Wednesday as investors await the Federal Reserve’s rate decision.
2023-07-26 08:47

Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:28

Fed Set to Raise Rates to 22-Year High and Decide If It's Done Hiking
Federal Reserve policymakers are poised to hike interest rates to the highest level in 22 years, while retaining
2023-07-26 07:27

Visa Card Spending Tops Estimates With Strong Travel Demand
Visa Inc. reported card-spending growth that was more robust than Wall Street expected as consumer demand for travel
2023-07-26 07:18

Senate Targets US Investments in China Through Key Defense Bill
The Senate attached a measure to the annual defense policy bill that would subject some US investments in
2023-07-26 06:53

Startup Cerebras Takes on Nvidia With AI Supercomputer
Startup chipmaker Cerebras Systems Inc. announced that it’s built the first of nine artificial intelligence supercomputers in a
2023-07-26 04:52

PacWest to Merge With Banc of California to Weather Upheaval
PacWest Bancorp is merging with smaller rival Banc of California as it seeks to navigate a bout of
2023-07-26 04:48

Carlyle Offers iRobot a $200 Million Bridge Loan to Ride Out Antitrust Review
If all goes as planned — and it’s a real if — iRobot Corp. will be gobbled up
2023-07-26 04:15

UPS Reaches Tentative Labor Deal With Teamsters to Avoid Strike
United Parcel Service Inc. reached a tentative agreement to renew a five-year labor contract with the Teamsters union,
2023-07-26 02:47

Ron DeSantis Lays Off More Than a Third of His 2024 Campaign Staff
Florida Governor Ron DeSantis’s presidential campaign is accelerating layoffs initiated in recent weeks to cut more than a
2023-07-26 01:59