By David Lawder WASHINGTON (Reuters) – The U.S. government posted a December budget deficit of $144 billion – a record […]
Lockdowns in 2021 threaten to slow first-quarter earnings recovery globally
By Thyagaraju Adinarayan and Caroline Valetkevitch LONDON/NEW YORK (Reuters) – A major chunk of the global recovery in companies’ earnings […]
WeWork CEO says company on track to be profitable by end of year
By Sheila Dang and Abhijith G (Reuters) – WeWork Chief Executive Sandeep Mathrani said Wednesday the co-working firm is “completely […]
Intel taps VMware’s Gelsinger as CEO to fix manufacturing crisis
By Stephen Nellis and Svea Herbst-Bayliss (Reuters) – Intel Corp said on Wednesday it would replace Chief Executive Officer Bob […]
Visa temporarily suspends all political donations
(Reuters) – Visa Inc said on Tuesday its political action committee had temporarily suspended all donations last week as it […]
Target holiday sales jump 17% as shoppers splurge online
By Uday Sampath Kumar (Reuters) – Target Corp reported a 17.2% rise in comparable sales for the holiday season on […]
Uber expands “green trip” option to over 1,400 cities in North America
(Reuters) – Ride-hailing company Uber Technologies Inc said on Tuesday it was expanding its electric vehicle (EV) and hybrid ride […]
Dollar General plans to pay employees to get COVID-19 vaccination
(Reuters) – Dollar General Corp will offer frontline employees four hours worth of pay after they get the COVID-19 vaccine, […]
Exclusive: Indian automaker Mahindra cuts over half of North America workforce – sources
By Sudarshan Varadhan, Aditi Shah and Ben Klayman CHENNAI/NEW DELHI/DETROIT (Reuters) – Indian automaker Mahindra & Mahindra Ltd has cut […]
Dropbox to layoff 11% of workforce, COO to step down
(Reuters) – Dropbox Inc on Wednesday announced the exit of operations chief and said it will cut 11% of its […]