By Giuseppe Fonte ROME (Reuters) – Italy is working on imposing a “solidarity” levy on its banks to fund relief […]
Gap to lay off about 1,800 employees in second round of job cuts
(Reuters) -Gap Inc said on Thursday it would cut about 1,800 jobs in a second round of layoffs, joining a […]
U.S. Postal Service shrinks forecast losses as hikes prices
By David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service said on Thursday it has cut projected losses through 2031 by […]
Caterpillar’s shares fall on fears demand may have peaked
By Bianca Flowers and Aishwarya Nair (Reuters) -Heavy machinery maker Caterpillar Inc topped Wall Street expectations with a 31% rise […]
Dropbox to cut workforce by 16%, hire new talent for AI-powered products
(Reuters) – Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut […]
Bombardier profit takes off with pricier jet deliveries
By Allison Lampert and Anandita Mehrotra MONTREAL (Reuters) -Business jet maker Bombardier Inc said on Thursday it had swung to […]
US pending home sales slump unexpectedly in March
(Reuters) – Contracts to buy U.S. previously owned homes tumbled unexpectedly in March to snap a three-month rebound, raising a […]