Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Wolfspeed jumps on upbeat quarterly forecast
(Reuters) - Chipmaker Wolfspeed on Monday forecast a smaller-than-estimated second-quarter loss as it expects a boost to its business from a ramp-up in production at its new New York factory, sending ...
Oct 30, 2023
State Street CEO O’Hanley to take additional role as bank’s president
(Reuters) - State Street Corp said on Monday its CEO and Chairman Ron O'Hanley will take on an additional role as the bank's president after Louis Maiuri retires, set for early next year. Maiuri also ...
Oct 30, 2023
Public Storage raises forecast for full-year revenue growth on higher occupancy
(Reuters) - Public Storage on Monday raised its full-year outlook for revenue growth and core funds from operation (FFO) per share, on higher move-in volumes and improved occupancy in its self-storage...
Oct 30, 2023
US Treasury cuts Oct-Dec borrowing estimate to $776 billion, yields ease
By Karen Brettell and David Lawder (Reuters) -The U.S. Treasury Department said on Monday it expects to borrow $776 billion in the fourth quarter, $76 billion less than its forecast in July, citing in...
Oct 30, 2023
Alphabet chief Pichai labored in trenches but rose to defend search giant
WASHINGTON (Reuters) - Alphabet CEO Sundar Pichai, who testified on Monday in Washington to defend Google against allegations it broke antitrust law, replaced company co-founder Larry Page as CEO of p...
Oct 30, 2023
BOC Governor Macklem: monetary policy is working, but inflation persists
OTTAWA (Reuters) - The Bank of Canada's monetary policy is working to cool the economy and relieve price pressures, but the central bank is prepared to raise interest rates further if inflation persis...
Oct 30, 2023
Computer parts maker Logitech appoints Hanneke Faber as CEO
(Reuters) -Computer parts maker Logitech International named Hanneke Faber as its new chief executive officer on Monday, effective Dec. 1. Last week, the Swiss-American company said it was closer to f...
Oct 30, 2023
Pinterest beats third-quarter estimates on ad market recovery
(Reuters) -Pinterest beat estimates for third-quarter revenue and profit on Monday, as a stabilizing digital advertising market helped draw marketers to the image-sharing platform ahead of the holiday...
Oct 30, 2023
Apple expected to unveil new Macs as PC industry slump eases
By Stephen Nellis (Reuters) - Apple is expected to unveil at an event on Monday new Mac computers and possibly a new chip to power them as it gears up for a fresh bout of competition against Windows-b...
Oct 30, 2023
BlackBerry CEO John Chen to depart – The Globe and Mail
(Reuters) - BlackBerry's chief executive officer, John Chen, has resigned and will exit the company on Friday, the Globe and Mail reported on Monday, citing a source familiar with the matter. The Cana...
Oct 30, 2023
Thu Jul 16
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