Starbucks reports record revenue as China booms, but sales still fall short of expectations
Starbucks reported record revenue in its fiscal third quarter as sales in China roared back to life
1970-01-01 08:00
Assurant profit beats on global housing unit strength, higher investment returns
Insurer Assurant Inc sailed past Wall Street estimates for profit in the second quarter on Tuesday, on the
1970-01-01 08:00
Starbucks' sales in China come roaring back
Starbucks' China business is back after dropping due to Covid restrictions last year.
1970-01-01 08:00
Fitch downgrades US credit rating, citing mounting debt and political divisions
Fitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades
1970-01-01 08:00
Environmentalists sue to stop Utah potash mine that produces sought-after crop fertilizer
Environmentalists have filed a lawsuit to prevent the construction of a new potash mine they say would devastate a lake ecosystem in the drought-stricken western Utah desert
1970-01-01 08:00
Peru economy shrinks for two straight quarters, minister denies recession
Peru's finance minister said on Tuesday that preliminary data showed the country's economy shrank in June, marking two
1970-01-01 08:00
BNSF train engineers offered paid sick time and better schedules in new deal
Roughly 7,500 BNSF train engineers may get up to eight days of paid sick time and more predictable schedules if they approve a deal with the railroad announced Tuesday
1970-01-01 08:00
Allstate posts bigger loss as catastrophe claims rise
Insurer Allstate Corp posted a bigger-than-expected quarterly loss on Tuesday as claims related to higher catastrophic events offset
1970-01-01 08:00
Instant View: Fitch downgrades U.S. foreign currency ratings to 'AA+' from 'AAA'
Ratings agency Fitch on Tuesday downgraded the United States' long-term foreign currency ratings to AA+ from AAA, reflecting
1970-01-01 08:00
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
1970-01-01 08:00
Marketmind: US macro 'pain trade' bites
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
1970-01-01 08:00
Americans are 'unwittingly funding' blacklisted Chinese companies, Congressional panel says
A Congressional select committee is investigating BlackRock, the world's largest asset manager, and MSCI, one of the biggest providers of index funds, to determine whether they are investing Americans' savings in Chinese companies blacklisted by the US government for security and human rights issues.
1970-01-01 08:00