Ross Stores lifts profit view, Q2 results beat estimates on steady demand
(Reuters) – Ross Stores on Thursday raised its fiscal 2024 profit forecast and posted second-quarter results above Wall Street estimates,…
Category: Business
Air Canada pilots vote to authorize strike
(Reuters) -Air Canada pilots voted to authorize a strike, with 98% voting members in favour, the Air Line Pilots Association…
Netflix upfront ad commitments surge as NFL games, Squid Game boost appeal
(Reuters) – Netflix saw a more than 150% surge in upfront ad commitments for this year, the streaming giant said…
Tesla to get lower EU tariff on its Chinese-made EVs
By Philip Blenkinsop and Kate Abnett BRUSSELS (Reuters) -Tesla is set to get a reduced tariff on its China-built cars…
Palo Alto forecasts annual results above estimates on robust cybersecurity demand
(Reuters) -Palo Alto Networks forecast fiscal 2025 revenue and profit above Wall Street estimates on Monday, a sign of growing…
Lilly demands doctors stop selling copycat weight-loss drugs
By Sriparna Roy and Christy Santhosh (Reuters) -Eli Lilly has sent cease-and-desist letters to U.S. healthcare providers in recent days…
Google unveils new phones and other gadgets powered by AI
By Kenrick Cai, Max A. Cherney MOUNTAIN VIEW, California -Alphabet’s Google on Tuesday unveiled a lineup of new Pixel smartphones…
Synopsys’ $35 billion Ansys deal under UK regulator scrutiny
(Reuters) – UK’s competition watchdog said on Monday it was looking into whether chip design software maker Synopsys’ $35 billion…
OPEC cuts oil demand growth forecast, highlighting dilemma over Oct hike
By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for global oil demand growth in 2024 citing softer…
New Boeing CEO seeks to restore trust, stay close to production
By Allison Lampert and David Shepardson WASHINGTON (Reuters) – Boeing’s new boss Kelly Ortberg will meet factory workers near Seattle…