(Reuters) – Walmart-owned Sam’s Club said on Tuesday it would raise average hourly wages for nearly 100,000 of its workers, as part of a new
Category: Business
Intel’s Amazon chip deal lifts investor confidence in money-losing foundry unit
(Reuters) – Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon’s cloud business provided a major stamp of approval
Target to hire 100,000 seasonal workers for holiday season
(Reuters) -Target said on Monday that it would hire about 100,000 seasonal employees, in-line with what it had hired for the last three years, as
Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
(Reuters) -Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker’s disappointing quarterly earnings forecast sparked fears that returns from its push towards
Uber, Waymo to expand autonomous ride hailing to Austin, Atlanta
(Reuters) -Uber Technologies said on Friday it would expand its partnership with Alphabet’s Waymo to bring ride hailing to Austin, Texas, and Atlanta, Georgia, early
Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast
By Jaspreet Singh (Reuters) -Oracle shares pared most of their gains on Friday after spiking nearly 8%, with some analysts expressing reservations about the company’s
Vale sees 10% of its iron ore production coming from tailings by 2030
By Marta Nogueira BELO HORIZONTE, Brazil (Reuters) – Brazilian miner Vale expects that by 2030 some 10% of its iron ore output will come from
Carmakers adjust electrification plans as EV demand slows
(Reuters) – Several global automakers are scaling down their electrification targets, hurt by slowing demand for fully electric vehicles due to lack of affordable models,
US crypto stocks fall on rising bets of Harris win after presidential debate
(Reuters) – U.S. cryptocurrency stocks fell in premarket trading on Wednesday after Democratic candidate Kamala Harris put her Republican rival Donald Trump on the defensive
Shortsellers bet against airlines and banks, Hazeltree report says
By Nell Mackenzie and Joanna Plucinska LONDON (Reuters) – Shortsellers had their sights on airlines in August, as pessimism towards a sector plagued by earnings