By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) -Caterpillar Inc on Friday reported higher quarterly earnings but said profits will […]
Daimler to keep 35% stake as trucks business goes solo
By Christoph Steitz FRANKFURT (Reuters) -Daimler will keep a 35% stake in the trucks division it plans to spin off […]
Healthcare group Fresenius raises 2021 forecasts
By Zuzanna Szymanska and Karl Badohal (Reuters) – German healthcare group Fresenius raised 2021 targets though it saw a weaker […]
AbbVie expects Botox boom to power annual earnings
By Manas Mishra and Amruta Khandekar (Reuters) -Drugmaker AbbVie Inc on Friday raised its 2021 profit forecast on expectations that […]
U.S. labor costs increase solidly in second quarter
WASHINGTON(Reuters) – U.S. labor costs increased solidly in the second quarter as companies raised wages and benefits to attract workers, […]
‘Don’t want to miss it’: Robinhood IPO loyalists stay the course
By Krystal Hu (Reuters) – Rick Ornelas got into Robinhood Markets Inc’s initial public offering (IPO) every way he could. […]
Fed’s Powell bets economy will navigate new coronavirus surge
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell’s belief that the U.S. economy has “learned to handle” […]