Apple’s China smartphone shipments slide 9% in first quarter
By Che Pan and Brenda Goh BEIJING (Reuters) -Apple’s shipments of smartphones in China slumped 9% in the first quarter…
Category: Business
Lockheed Martin CFO Malave departs, insider Scott takes over
(Reuters) -Lockheed Martin on Thursday announced the departure of its finance chief, Jesus Malave, and named longtime insider Evan Scott…
Applied Digital misses quarterly revenue estimates on datacenter hosting slowdown
(Reuters) – Applied Digital reported third-quarter revenue below Wall Street estimates on Monday due to a slowdown in the datacenter…
Citi raises gold price target for next 3 months to $3,500 per ounce
(Reuters) – Citi Research on Thursday raised its gold price target for the next three months to $3,500 per ounce…
Tesla’s first-quarter registrations in California fell 15%, industry data shows
(Reuters) – Tesla’s electric-vehicle registrations in California dropped 15.1% during the first quarter, according to industry data, signaling an accelerated…
Walmart boosts tech presence in India with Chennai office deal, document shows
By Hritam Mukherjee BENGALURU (Reuters) – Walmart has signed a deal for a second office space in the southern Indian…
Fed’s Hammack sees steady monetary policy as central bank seeks more data
By Michael S. Derby (Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels…
Judge scraps US rule capping credit card late fees at $8
(Reuters) – A federal judge on Tuesday threw out a U.S. Consumer Financial Protection Bureau rule capping credit card late…
Stellantis chair says US tariffs, EU rules put auto industry at risk
MILAN (Reuters) -Stellantis Chairman John Elkann said on Tuesday U.S. tariffs and strict European Union emissions standards were threatening the…
Grocer Albertsons forecasts annual profit below estimates on rising costs
(Reuters) -Albertsons forecast annual profit below estimates on Tuesday as the company offers selective discounts and invests in its loyalty…