New Walmart CEO begins tenure with cautious outlook after another quarter of steady sales
(Corrects paragraph 6 to say Walmart’s market value is over $1 trillion, not $1 billion) By Juveria Tabassum and Aishwarya…
Nestle weighs reducing exposure to ice cream business, Bloomberg News reports
Feb 18 (Reuters) – Nestle is weighing a smaller presence in the ice cream business and has been reviewing options,…
Medtronic beats quarterly estimates on robust demand for heart devices
Feb 17 (Reuters) – Medtronic surpassed Wall Street expectations for third-quarter profit and revenue on Tuesday, buoyed by strong demand…
Bessent says any narrowing of US metals tariffs up to Trump
By David Lawder WASHINGTON, Feb 13 (Reuters) – U.S. Treasury Secretary Scott Bessent said on Friday that any decision to…
Michelin profit hit by US slowdown, sees rebound in 2026
By Mathias de Rozario Feb 11 (Reuters) – Michelin expects profit to rebound this year after a decline in 2025…
US labor costs growth cools in fourth quarter
WASHINGTON, Feb 10 (Reuters) – Growth in U.S. labor costs unexpectedly slowed in the fourth quarter, leading to the smallest…
Major broadcasters, Newsmax to debate national ownership cap
WASHINGTON, Feb 9 (Reuters) – A group representing broadcast television stations and conservative cable news channel Newsmax will square off…
Jennifer Garner’s Once Upon a Farm valued at nearly $845 million in NYSE debut
By Arasu Kannagi Basil and Abigail Summerville Feb 6 (Reuters) – Once Upon a Farm, the children’s organic food company…
Bob’s Discount Furniture valued at $2.2 billion as shares open flat in NYSE debut
By Prakhar Srivastava and Abigail Summerville Feb 5 (Reuters) – Bob’s Discount Furniture, backed by private equity firm Bain Capital,…
Trump says ‘not much’ doubt interest rates will be lowered, in NBC interview
WASHINGTON, Feb 4 (Reuters) – U.S. President Donald Trump said on Wednesday there was “not much” doubt in his mind…