Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Dollar Tree trims annual sales forecast as customers spend less at its stores
(Reuters) - Dollar Tree trimmed its full-year sales forecast on Wednesday, signaling that persistent inflation was weighing on demand for non-essential products at its stores. The company said it now ...
Nov 29, 2023
GM to buy back $10 billion in shares, cut Cruise spending
By David Shepardson (Reuters) - General Motors said on Wednesday it will buy back $10 billion in shares and boost its dividend by 33%, even as it cuts spending at its troubled robotaxi unit Cruise and...
Nov 29, 2023
GameStop shares climb on strong volume
(Reuters) - Shares of retail traders' darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to build on a rally from the previous session as a broader recovery in mark...
Nov 29, 2023
Adobe to defend Figma deal at Dec. 8 EU hearing, sources say
By Foo Yun Chee BRUSSELS (Reuters) - Adobe will aim to counter EU antitrust charges that its proposed $20 billion acquisition of cloud-based designer platform Figma hurts competition at a closed heari...
Nov 29, 2023
Futures rise on growing bets of rate cuts next year
(Reuters) - U.S. stock index futures rose on Wednesday as investors remained optimistic about an interest rate cut from the Federal Reserve next year, and multi-month lows in Treasury yields that boos...
Nov 29, 2023
USDA opens applications for $300 million to help exporters break into new markets
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Department of Agriculture on Wednesday said it would start accepting applications for an initial $300 million in funding to help U.S. agricultural expo...
Nov 29, 2023
State Street adds option to fully back corporate boards
By Ross Kerber BOSTON (Reuters) - State Street's asset-management arm will give retail investors an option to fully back corporate boards as it brings online features to allow fund shareholders to con...
Nov 29, 2023
Marketmind: Waller to Wall St, Fed’s on the turn
A look at the day ahead in U.S. and global markets from Mike Dolan As Wall Street mourns the passing of 99-year-old investment legend Charlie Munger, Federal Reserve top brass gave one of the clearest...
Nov 29, 2023
Walmart shifts to India from China for cheaper imports
By Richa Naidu and Siddharth Cavale LONDON/NEW YORK (Reuters) - Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and divers...
Nov 29, 2023
Bitcoin Group: taking steps against money-laundering, terrorist financing
BERLIN (Reuters) - Germany's Bitcoin Group said on Wednesday it was taking measures to improve its internal control system, after the financial regulator Bafin ordered its subsidiary futurum bank to r...
Nov 29, 2023
