Category Archives: (Sandbox Syndication Account) Business News (Master Feed)

(Reuters) - Membership-only retail chain Costco Wholesale Corp beat analysts' estimates for second-quarter revenue on Thursday, as people stuck at home spent more on frozen foods, liquor and electroni...

(Reuters) - Gap Inc forecast a return to sales growth this year after struggling due to the COVID-19 pandemic for months, betting on the strength of its Old Navy brand and as the roll-out of vaccines ...

By Andrea Shalal WASHINGTON (Reuters) - Shalanda Young, a top contender to become President Joe Biden's budget director after the White House withdrew its nomination of Neera Tanden, won praise from R...

By Stephanie Kelly NEW YORK (Reuters) - U.S. utilities need to invest in so-called "make-ready" infrastructure to promote electric vehicle use, which includes wiring parking lots to support vehicle ch...

(Reuters) - Shares in Reddit-darling GameStop climbed to a session high of $147.87 as volume spiked on Thursday afternoon and the video game retailer's stock was last up 4.5% after paring some gains. ...

WASHINGTON (Reuters) - A total of 158.5 million households would receive direct payments under the Senate version of a $1.9 trillion coronavirus stimulus bill, the White House said on Thursday. White ...

WASHINGTON (Reuters) - The U.S. Senate on Thursday afternoon started voting on whether to begin 20 hours of debate on President Joe Biden's $1.9 trillion COVID-19 relief plan. "The time is now to move...

By Jonathan Stempel NEW YORK (Reuters) - A federal judge in Manhattan on Thursday dismissed litigation by traders and trading firms accusing Bank of America Corp and Morgan Stanley of manipulating the...

WASHINGTON (Reuters) - The U.S. federal debt burden will double over the next 30 years, reaching 202% of economic output in 2051, as deficits grow and interest rates eventually rise, the Congressional...

By Jan Strupczewski BRUSSELS (Reuters) - The European Commission will propose towards the end of the year how to simplify the European Union's complex budget rules, cut accumulated debt and boost inve...