Adidas predicts 2024 operating profit leap after Kanye West break-up
MUNICH (Reuters) – German sportswear maker Adidas expects operating profit to nearly double to about 500 million euros ($542.3 million)…
US bank stocks sink after New York Community Bancorp cuts dividend
By Niket Nishant and Nupur Anand (Reuters) -Regional U.S. bank stocks sank on Wednesday, dragged by a 38% plunge in…
Nasdaq ends lower ahead of big tech earnings, focus on Fed
By Stephen Culp NEW YORK (Reuters) -The tech-heavy Nasdaq lost ground on Tuesday as the market awaited a spate of…
Payments firm PayPal to reduce global workforce by 9% in 2024
By Hannah Lang and Manya Saini (Reuters) -Payments firm PayPal Holdings is planning to cut about 2,500 jobs, or 9%…
Stocks meander, yields mixed after strong US labor data
By Herbert Lash NEW YORK (Reuters) -Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs…
Investor Griffin gave $5 million to pro-Haley group in January -source
By Svea Herbst-Bayliss and Alexandra Ulmer (Reuters) – Hedge fund billionaire Kenneth Griffin gave $5 million to an outside group…
Brazil sees 2024 public debt growth of up to 13.5%, eyes increased external issuance
BRASILIA (Reuters) -Brazil expects its public debt to surge by as much as 13.5% in 2024 and aims to progress…
Dollar mixed in tight trading range before Fed statement
By Karen Brettell NEW YORK (Reuters) -The dollar edged lower against the euro and higher against the yen on Tuesday,…
Factbox-Biden administration slowly replenishes emergency oil stash
By Timothy Gardner WASHINGTON (Reuters) – The administration of U.S. President Joe Biden is slowly putting oil back into the…
US court will not revisit ruling limiting voting rights lawsuits
By Nate Raymond (Reuters) -Civil rights activists on Tuesday failed to convince a federal appeals court to reconsider a ruling…