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Category: Business

Lockheed Martin CFO Malave departs, insider Scott takes over
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…

April 17, 2025April 17, 2025
Business

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…

April 17, 2025April 17, 2025
Citi raises gold price target for next 3 months to $3,500 per ounce
Business

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…

April 17, 2025April 17, 2025
Tesla’s first-quarter registrations in California fell 15%, industry data shows
Business

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…

April 16, 2025
Walmart boosts tech presence in India with Chennai office deal, document shows
Business

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…

April 16, 2025
Fed’s Hammack sees steady monetary policy as central bank seeks more data
Business

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…

April 16, 2025
Judge scraps US rule capping credit card late fees at $8
Business

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…

April 15, 2025April 15, 2025
Stellantis chair says US tariffs, EU rules put auto industry at risk
Business

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…

April 15, 2025April 15, 2025
Grocer Albertsons forecasts annual profit below estimates on rising costs
Business

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…

April 15, 2025April 15, 2025
OpenAI is working on X-like social media platform, the Verge reports
Business

OpenAI is working on X-like social media platform, the Verge reports

(Reuters) -OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar…

April 15, 2025April 15, 2025

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