Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Ulta Beauty raises annual forecasts, longtime CFO Settersten to retire
(Reuters) - Ulta Beauty on Thursday raised the lower end of its full-year profit and sales forecasts helped by buoyant demand for luxury skincare and fragrances and also said its longtime CFO Scott Se...
Nov 30, 2023
OPEC+ agrees to deepen voluntary oil output cuts
By Alex Lawler, Olesya Astakhova, Maha El Dahan and Ahmad Ghaddar LONDON/MOSCOW/DUBAI (Reuters) -OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per...
Nov 30, 2023
Trailblazer Elon Musk pushes a profane new frontier
(Please note this story contains strong language in paragraphs 2 and 7) By Ross Kerber (Reuters) - Elon Musk is keen to achieve what no business leader has done before, from mass-producing electric ca...
Nov 30, 2023
Marketmind: December cheer, China fear
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets round out the week on Friday in reasonably good spirits, with a deluge of purchasing managers index data from acro...
Nov 30, 2023
Explainer-Why prior mega health insurer deals like the possible Cigna/Humana merger failed
WASHINGTON (Reuters) - U.S. health insurers Cigna and Humana are in talks to merge, a potential deal likely to face aggressive scrutiny from the U.S. Justice Department (DOJ) if antitrust history with...
Nov 30, 2023
Dell misses quarterly revenue estimates on slow PC market recovery
(Reuters) - Dell Technologies on Thursday reported third-quarter revenue below estimates due to a slower-than-expected recovery in the hardware and software market, sending its shares down 4% after th...
Nov 30, 2023
US refiner Phillips 66 retains big-name advisers for Elliott duel
(Reuters) - U.S. oil refiner Phillips 66 has retained two top financial and legal advisers for its duel with activist investor Elliott Investment Management, according to a person familiar with the ma...
Nov 30, 2023
Uncertain 2024 makes US companies refinance debt sooner, not later
By Matt Tracy (Reuters) - Tight credit spreads and strong investor demand for highly-rated bonds has prompted some U.S. companies to refinance debt maturing in the next few years rather than wait for ...
Nov 30, 2023
US FAA wants new airplanes to capture more cockpit data to boost safety probes
WASHINGTON (Reuters) - The Federal Aviation Administration (FAA) on Thursday said it is proposing to extend the cockpit voice-recording requirement to 25 hours for all new airplanes up from the curren...
Nov 30, 2023
Yellen says US economy does not need drastic tightening, ‘soft landing’ on track
By Howard Schneider BESSEMER CITY, North Carolina (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy does not need further drastic monetary policy tighteni...
Nov 30, 2023
