Retail sales up 0.4% in April from March, buoyed by solid job market, easing inflationary pressures
Consumers picked up their spending in April from March, buoyed by a solid job market and easing inflationary pressures
2023-05-16 20:52
Union for Canada's second biggest airline says pilots issue 72-hour strike notice
The union for Canada’s second biggest airline have issued a 72-hour strike notice to WestJet and they warn the airline could be shut down before the weekend
2023-05-16 20:21
Home Depot, after years of explosive growth, cuts its outlook as Americans cool spending on homes
The Home Depot’s robust growth during the coronavirus pandemic is starting to slow as anticipated, with the retailer’s fiscal first-quarter revenue missing Wall Street’s estimates and a key sales figure declining
2023-05-16 19:58
Stock market today: US futures point lower after shaky start to big retail week, sluggish China data
Wall Street is pointing lower after data showed China’s economy is weaker than expected, while Home Depot cut its profit and sales outlook for the year, signaling a pullback in spending by Americans strapped by inflation and anxious about a possible recession
2023-05-16 19:50
Vodafone axing 11,000 jobs as UK wireless carrier aims to cut costs, boost growth
Wireless carrier Vodafone says it’s laying off 11,000 workers as part of a major revamp aimed at cutting costs and boosting flagging financial performance
2023-05-16 19:28
Canadian Prime Minister Trudeau arrives in South Korea to discuss trade, North Korean challenge
Canadian Prime Minister Justin Trudeau has arrived in South Korea for a meeting with South Korean President Yoon Suk Yeol at which they are expected to discuss expansion of trade and challenges posed by North Korea
2023-05-16 19:20
Ex-Audi chief pleads guilty in automaker's diesel emissions scandal
The former head of Volkswagen’s luxury division Audi has pleaded guilty to charges tied to the automaker’s diesel emissions scandal
2023-05-16 19:17
Returning to the Arab fold, Syria's president invited to UAE-hosted COP28 climate
Syria’s embattled President Bashar Assad has received an invitation to attend the upcoming COP28 climate talks in Dubai later this year, even as the yearslong war in his country over his rule grinds on
2023-05-16 17:24
CEO pay again in focus as the heads of failed banks appear before Senate panel
The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health
2023-05-16 17:21
Official: China recovery faces pressure after April activity weaker than expected
An official says China's economic recovery faces pressure from sluggish consumer and export demand
2023-05-16 14:29
Dozens rally against Fukushima plant water release plan
Anti-nuclear activists are protesting to demand Japan scrap its plan to release treated but still radioactive water from a damaged power plant into the sea
2023-05-16 13:16
Stock market today: Asian shares advance though China economic data weaker than expected
Asian shares are higher even though the latest data showed China's economy is weaker than expected
2023-05-16 12:21