Macy’s delays results after finding employee hid millions in delivery expenses
By Ananya Mariam Rajesh (Reuters) -Macy’s on Monday delayed its third-quarter results after finding that an employee hid as much…
Trump pick Lutnick’s firm in talks with Tether for $2 billion bitcoin lending project, Bloomberg reports
(Reuters) – U.S. President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties…
Chinese hackers preparing for conflict, says US cyber official
Chinese hackers are positioning themselves in U.S. critical infrastructure in the event of a clash with the United States, a…
Fox and Hulu announce multi-year content streaming partnership
(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled streaming platform will…
Trump attorney general pick Matt Gaetz drops bid in face of Senate opposition
By Bo Erickson and Andrew Goudsward WASHINGTON (Reuters) -Hardline Republican Matt Gaetz withdrew his name from consideration as President-elect Donald…
Citron Research discloses short position in bitcoin buyer MicroStrategy
(Reuters) – Citron Research has taken a short position in MicroStrategy, the company said in a post on social media…
PIMCO bullish on stocks on US soft landing hopes, cautious on inflation
By Davide Barbuscia NEW YORK (Reuters) – An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO…
TJX raises annual profit forecast as off-price stores attract bargain hunters
(Reuters) -TJX Cos raised its annual profit forecast on Wednesday, benefiting from lower costs and strong demand from cash-strapped customers…
Target shares slide 20% as retailer expects stagnant holiday quarter sales
By Savyata Mishra (Reuters) -Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for…
Trump pick for Manhattan’s top federal prosecutor urges focus on national security, money laundering
By Chris Prentice and Echo Wang NEW YORK (Reuters) – Jay Clayton, President-elect Donald Trump’s pick for U.S. Attorney in…