Month: October 2023

Google CEO Sundar Pichai to testify Monday in US Google antitrust trial

• Business

Google CEO Sundar Pichai to testify Monday in US Google antitrust trial

Reuters October 27, 2023

WASHINGTON (Reuters) – Sundar Pichai, chief executive of Alphabet and its subsidiary Google, will testify on Monday...

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Ford again warns on EV results, withdraws 2023 forecast

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Ford again warns on EV results, withdraws 2023 forecast

Reuters October 27, 2023

By Paul Lienert and Nathan Gomes DETROIT (Reuters) -Ford Motor on Thursday withdrew its full-year results forecast...

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Amazon’s cloud stabilizing, shoppers cautious heading into holiday season

• Business

Amazon’s cloud stabilizing, shoppers cautious heading into holiday season

Reuters October 26, 2023

By Jeffrey Dastin and Akash Sriram (Reuters) -Amazon.com on Thursday said growth in its cloud business is...

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Intel beats expectations as margins rise, manufacturing momentum builds

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Intel beats expectations as margins rise, manufacturing momentum builds

Reuters October 26, 2023

By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Intel forecast fourth-quarter revenue and margins above...

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Chipotle quarterly results shine as burrito cravings defy high prices

• Business

Chipotle quarterly results shine as burrito cravings defy high prices

Reuters October 26, 2023

By Deborah Mary Sophia (Reuters) -Chipotle Mexican Grill surpassed market expectations for quarterly results on Thursday, as...

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Chinese firms to invest nearly $1 billion in northern Mexico -state officials

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Chinese firms to invest nearly $1 billion in northern Mexico -state officials

Reuters October 25, 2023

((This Oct. 18 story has been corrected to remove references to Hesai Technology after the Nuevo Leon...

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US Fed proposes shrinking fees banks charge on debit card transactions

• Business

US Fed proposes shrinking fees banks charge on debit card transactions

Reuters October 25, 2023

By Pete Schroeder and Siddharth Cavale WASHINGTON (Reuters) -The U.S. Federal Reserve on Wednesday proposed slashing by...

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FedEx says U.S. Express service disrupted, blames FAA IT outage overnight

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FedEx says U.S. Express service disrupted, blames FAA IT outage overnight

Reuters October 25, 2023

LOS ANGELES (Reuters) -FedEx Corp on Wednesday said its U.S. Express deliveries could be delayed due to...

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Stocks struggle as soft earnings compound interest rate headache

• Business

Stocks struggle as soft earnings compound interest rate headache

Reuters October 25, 2023

By Lawrence Delevingne (Reuters) -Stocks slipped on Wednesday after the latest round of earnings prompted concern among...

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Alphabet shares sink as Microsoft extends cloud lead with focus on OpenAI

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Alphabet shares sink as Microsoft extends cloud lead with focus on OpenAI

Reuters October 25, 2023

By Aditya Soni and Krystal Hu (Reuters) -Alphabet shares slumped on Wednesday after its cloud unit’s growth...

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