Author Archives: Syndicated Content
Exclusive: Weight-loss drugs didn't curb health costs within two years, data show
By Chad Terhune (Reuters) - Drugs like Wegovy may trim your waistline but not medical costs, according to an analysis of U.S. health insurance claims shared with Reuters. The full-year cost of care fo...
Oct 24, 2024
UPS reports rise in third-quarter profit on rebounding volumes, cost cuts
(Reuters) - United Parcel Service reported a rise in third-quarter profit on Thursday, as rebounding volumes ahead of the holiday season lifted revenues, while cost cuts helped offset the margin hit f...
Oct 24, 2024
Dow starts review of some Europe assets, Q3 exceeds estimates
(Reuters) -Chemical company Dow said on Thursday it has begun a review of some of its European assets even as its third-quarter profit beat estimates on higher demand in the U.S. and Canada for indust...
Oct 24, 2024
Keurig Dr Pepper takes majority stake in energy-drink maker Ghost for $990 million
(Reuters) -Keurig Dr Pepper is buying a 60% stake in energy-drink maker Ghost for $990 million, with a plan to purchase the rest in 2028, the companies said on Thursday. Ghost, founded as a lifestyle ...
Oct 24, 2024
UK business sentiment weakest in two years before budget, CBI says
LONDON (Reuters) - Sentiment among British manufacturing companies fell at the fastest pace in two years ahead of finance minister Rachel Reeves' first budget next week, a survey showed on Thursday. T...
Oct 24, 2024
Swiss bankers flag concerns over plans for tougher capital rules
By John Revill and Oliver Hirt ZURICH (Reuters) - The Swiss Bankers Association on Thursday criticised government plans for tougher capital requirements on UBS following the 2023 collapse of Credit Su...
Oct 24, 2024
Hasbro posts quarterly sales drop but cost savings prop margins
(Reuters) -Hasbro on Thursday posted a steeper-than-expected drop in sales for the third quarter as consumers tightened spending on toys, but the company's stringent cost controls boosted margins. Sha...
Oct 24, 2024
Valero Energy reports lower quarterly profit on weak refining margins
(Reuters) - Refiner Valero Energy posted a slump in third-quarter profit on Thursday, hurt by falling margins due to a slowdown in fuel demand. The San Antonio, Texas-based refiner reported net income...
Oct 24, 2024
Southwest Airlines reports surprise Q3 profit on improved pricing
(Reuters) - Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber...
Oct 24, 2024
Harris, Trump teams scramble for votes in North Carolina's hurricane damaged west
By Stephanie Kelly ASHEVILLE, North Carolina (Reuters) - Republican Party leaders met in hurricane-torn North Carolina last week with a mission: figure out how to reach displaced or cut-off potential ...
Oct 24, 2024
