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Macy's raises profit forecast before key holiday season
News 3 months ago
Macy's raises profit forecast before key holiday season

(Reuters) - Macy’s Inc (M. N) raised its annual earnings forecast on Wednesday, signaling a strong holiday shopping season ahead, encouraged by...

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Juul Labs to pull sweet e-cig flavors to curb youth use
News 3 months ago
Juul Labs to pull sweet e-cig flavors to curb youth use

Juul Labs to pull sweet e-cig flavors to curb youth use (Reuters) - Juul Labs Inc, the U. S. market leader for electronic cigarettes, said on...

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Factbox: Amazon to get billions in breaks for HQ2 development
News 3 months ago
Factbox: Amazon to get billions in breaks for HQ2 development

Factbox: Amazon to get billions in breaks for HQ2 development (Reuters) - Amazon.com Inc (AMZN. O) said on Tuesday it had split its $5 billion...

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Amazon picks New York City, Washington D.C. area for $5 billion new headquarters
News 3 months ago
Amazon picks New York City, Washington D.C. area for $5 billion new headquarters

Amazon picks New York City, Washington D. C. area for $5 billion new headquarters SAN FRANCISCO/WASHINGTON (Reuters) - Amazon.com Inc (AMZN. O)...

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Amazon picks New York City and Virginia for $5 billion new headquarters
News 3 months ago
Amazon picks New York City and Virginia for $5 billion new headquarters

Amazon picks New York City and Virginia for $5 billion new headquarters SAN FRANCISCO (Reuters) - Amazon.com Inc (AMZN. O) picked America’s...

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Amazon picks New York City, Virginia for $5 billion new headquarters
News 3 months ago
Amazon picks New York City, Virginia for $5 billion new headquarters

Amazon picks New York City and Virginia for $5 billion new headquarters SAN FRANCISCO (Reuters) - Amazon.com Inc (AMZN. O) picked America’s...

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Amazon picks New York City, Washington D.C. area for new offices
News 3 months ago
Amazon picks New York City, Washington D.C. area for new offices

Amazon picks New York City, Washington D. C. area for new offices SAN FRANCISCO/WASHINGTON (Reuters) - Amazon.com Inc (AMZN. O) picked America’s...

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Amazon to get billions in breaks for HQ2 development
News 3 months ago
Amazon to get billions in breaks for HQ2 development

Amazon to get billions in breaks for HQ2 development (Reuters) - Amazon.com Inc (AMZN. O) said on Tuesday it had split its $5 billion second...

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Amazon to pick NYC, Northern Virginia for split
News 3 months ago
Amazon to pick NYC, Northern Virginia for split "HQ2": source

WASHINGTON (Reuters) - Amazon.com Inc (AMZN. O) will on Tuesday announce it has selected New York and Northern Virginia for its second headquarters...

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Investors focus on retailers as wages rise
News 3 months ago
Investors focus on retailers as wages rise

NEW YORK (Reuters) - U. S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year’s...

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Wall Street dips as weak earnings dampen surge from midterm elections
News 3 months ago
Wall Street dips as weak earnings dampen surge from midterm elections

(Reuters) - U. S. stocks edged lower on Thursday, as a clutch of weak earnings reports punctured a rally from the previous session, which was...

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Walmart will offer Black Friday deals earlier this year
News 3 months ago
Walmart will offer Black Friday deals earlier this year

FILE PHOTO: Customers complete their purchases ahead of Black Friday at a Walmart store in Chicago, Illinois, U. S. November 23, 2016. REUTERS...

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UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities
News 3 months ago
UBS expects to be sued by U.S. Justice Department over crisis-era mortgage securities

UBS expects to be sued by U. S. Justice Department over crisis-era mortgage securities (Reuters) - UBS Group AG, Switzerland’s largest bank, said...

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Google plans to expand office space in New York City: WSJ
News 3 months ago
Google plans to expand office space in New York City: WSJ

Google plans to expand office space in New York City: WSJ (Reuters) - Alphabet Inc’s (GOOGL. O) Google is nearing a deal to buy or lease an office...

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A changing New York neighborhood wonders how Amazon would fit
News 3 months ago
A changing New York neighborhood wonders how Amazon would fit

A changing New York neighborhood wonders how Amazon would fit NEW YORK (Reuters) - It was the lunch-hour rush at the Court Square Diner in New York...

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UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities
News 3 months ago
UBS expects to be sued by U.S. Justice Dept over crisis-era mortgage securities

UBS expects to be sued by U. S. Justice Department over crisis-era mortgage securities (Reuters) - UBS Group AG, Switzerland’s largest bank, said...

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Michael Kors shares slide 16 percent as European stores struggle
News 3 months ago
Michael Kors shares slide 16 percent as European stores struggle

(Reuters) - Michael Kors (KORS. N) shares slumped 16 percent on Wednesday as the fashion group missed Wall Street estimates for quarterly revenue,...

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Ahold Delhaize CEO says robots to speed up U.S. deliveries
News 3 months ago
Ahold Delhaize CEO says robots to speed up U.S. deliveries

Ahold Delhaize CEO says robots to speed up U. S. deliveries AMSTERDAM (Reuters) - Ahold Delhaize’s chief executive on Wednesday confirmed the Dutch...

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Ahold ups stakes in U.S. grocery war with mini-
News 3 months ago
Ahold ups stakes in U.S. grocery war with mini-"robot supermarkets"

Ahold ups stakes in U. S. grocery war with mini-"robot supermarkets" EINDHOVEN, Netherlands/NEW YORK (Reuters) - Grocery group Ahold Delhaize (AD....

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CVS results beat on demand for prescription drugs, beauty products
News 3 months ago
CVS results beat on demand for prescription drugs, beauty products

(Reuters) - CVS Health Corp’s (CVS. N) third-quarter profit beat analysts’ estimates on Tuesday, as it benefited from higher sales of prescription...

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Cracks emerge in global aviation finance boom
News 3 months ago
Cracks emerge in global aviation finance boom

HONG KONG (Reuters) - An unprecedented boom in the $280 billion aircraft finance industry is showing signs of faltering as rising interest rates,...

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Lowe's shuts 51 stores in U.S. and Canada
News 3 months ago
Lowe's shuts 51 stores in U.S. and Canada

Lowe's shuts 51 stores in U. S. and Canada (Reuters) - Home improvement chain Lowe’s Companies Inc (LOW. N) announced the closure of another 51...

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Exclusive: Sears nears bankruptcy financing deal without Lampert's hedge fund - sources
News 3 months ago
Exclusive: Sears nears bankruptcy financing deal without Lampert's hedge fund - sources

(Reuters) - Sears Holdings Corp (SHLDQ. PK) is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600...

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Lowe's to shut 51 underperforming stores in U.S., Canada
News 3 months ago
Lowe's to shut 51 underperforming stores in U.S., Canada

Lowe's to shut 51 underperforming stores in U. S., Canada FILE PHOTO - Gift cards are shown for sale inside a Lowe's retail store in Carlsbad,...

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Sears, chairman, lenders seek bankruptcy loan breakthrough: sources
News 3 months ago
Sears, chairman, lenders seek bankruptcy loan breakthrough: sources

(Reuters) - Sears Holdings Corp (SHLDQ. PK) is in discussions with Chairman Eddie Lampert and lenders on a deal to expand a bankruptcy financing...

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Consumer companies try price hikes as U.S. wages climb
News 3 months ago
Consumer companies try price hikes as U.S. wages climb

Consumer companies try price hikes as U. S. wages climb CHICAGO (Reuters) - Consumer goods companies, emboldened by a strong U. S. economy, are...

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Jaguar Land Rover to open technical engineering office in Hungary
News 3 months ago
Jaguar Land Rover to open technical engineering office in Hungary

FILE PHOTO: Signs are seen outside the Jaguar Land Rover plant at Halewood in Liverpool, northern England, September 12, 2016. REUTERS/Phil Noble...

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Starbucks same-store sales boosted by U.S., China  rebound; shares soar
News 3 months ago
Starbucks same-store sales boosted by U.S., China rebound; shares soar

(Reuters) - Starbucks Corp (SBUX. O) on Thursday reported a better-than-expected rise in quarterly sales at established stores as it benefited from...

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Musk shakes up SpaceX in race to make satellite launch window: sources
News 3 months ago
Musk shakes up SpaceX in race to make satellite launch window: sources

Musk shakes up SpaceX in race to make satellite launch window: sources SEATTLE/ORLANDO, Fla. (Reuters) - SpaceX Chief Executive Officer Elon Musk...

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Kroger set to place warehouse order with partner Ocado
News 3 months ago
Kroger set to place warehouse order with partner Ocado

LONDON (Reuters) - U. S. supermarket chain Kroger Co is expected to order the first three of 20 high-tech warehouses from online grocer Ocado by...

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