Companies look to lengthen currency hedges as elections loom, survey shows
NEW YORK (Reuters) - Companies are increasingly looking to lock in foreign exchange rates for longer, as they seek to protect...
21m ago
Comcast prices Peacock, Netflix, Apple TV+ streaming bundle at $15 a month
(Reuters) - Comcast's new streaming bundle, packaging its Peacock service with Netflix and Apple TV+, will cost $15 per month...
1h ago
PepsiCo expands EV fleet across California
(Reuters) - PepsiCo said on Tuesday it would expand its fleet of electric-powered vehicles in California with the introductio...
1h ago
US households still pinched by inflation, Fed report says
(Reuters) - U.S. households continued to feel pinched by inflation in late 2023 even as price pressures ebbed, the Federal Re...
1h ago
Pixar Animation to lay off about 14% of workforce
(Reuters) - Pixar Animation Studios on Tuesday began laying off about 14% of its workforce as it scales back development of o...
1h ago
Toyota mulls over $500 million investment into Texas plant, San Antonio Express-News reports
(Reuters) - Toyota Motor's North America arm is seeking tax relief for a potential $531.7 million investment in its Texas fac...
1h ago
Boeing to invest C$240 million in Canadian aerospace development
(Reuters) - Boeing will invest a total of C$240 million ($176 million) in three Canadian aerospace development projects as pa...
1h ago
Amazon's cloud unit pauses orders of Nvidia's most powerful chip, FT reports
(Reuters) - Amazon.com's cloud services unit has paused orders of Nvidia's most advanced "superchip" to wait for a ...
2h ago
Eli Lilly's diabetes drug tirzepatide gets approval in China
SHANGHAI (Reuters) - Eli Lilly said on Tuesday its diabetes drug tirzepatide has received approval from Chinese regulators, s...
2h ago
Fed's Waller sees some progress on inflation, no rate hike needed
By Pete Schroeder WASHINGTON (Reuters) - Federal Reserve Governor Christopher Waller on Tuesday put a pin in speculation that...
3h ago