Citigroup says some predecessor companies likely saw indirect financial benefits from slavery
Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant acknowledged Thursday, an admission that comes at a time when numerous institutions are re-examining their historic roots and the roles they played in slavery in the U.S. In research conducted last year, Citi found that none of its predecessor companies directly purchased, sold, or held slaves
1970-01-01 08:00
Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
1970-01-01 08:00
Analysis-White-collar wage cuts in China fuel deflation risks, hurt consumption
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG Cola Yao earns 40% less than last year promoting credit
1970-01-01 08:00
Avoli Unleashes the Power of Women and Girl Volleyball Athletes with the Launch of Its First-Ever Performance Shoe, Slides, and Apparel Collection
PORTLAND, Ore.--(BUSINESS WIRE)--Jul 27, 2023--
1970-01-01 08:00
Walmart in Mexico posts slightly higher profit amid June sales uptick
MEXICO CITY (Reuters) -Walmart's Mexico unit on Thursday posted a 5% year-on-year rise in its second-quarter net profit, boosted by
1970-01-01 08:00
Disney Launches Global Create 100 Campaign to Celebrate Creativity and Support Make-A-Wish With $1 Million Donation
BURBANK, Calif.--(BUSINESS WIRE)--Jul 27, 2023--
1970-01-01 08:00
U.S. Air Force Awards Advanced Battle Management System (ABMS) Indefinite-Delivery/Indefinite-Quantity (IDIQ) Contract to ARC, Inc.
WASHINGTON--(BUSINESS WIRE)--Jul 27, 2023--
1970-01-01 08:00
Jose Cuervo distiller's profit drops slightly amid North America headwinds
MEXICO CITY Mexican distiller Becle, the world's largest tequila producer, on Thursday posted a 5% drop in second-quarter
1970-01-01 08:00
Kraft Heinz defeats lawsuit over mac & cheese preparation time
By Jonathan Stempel A federal judge on Thursday dismissed a lawsuit accusing Kraft Heinz & Co of misleading
1970-01-01 08:00
As cyclists ride across Iowa, they are seeing craft breweries driving small-town tourism
There are hundreds of breweries represented on the jerseys of the thousands of cyclists on RAGBRAI, the annual bike ride across Iowa
1970-01-01 08:00
Oreo maker increases growth forecast thanks to demand for cookies, sweets
The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez International said in its second quarter earnings call Thursday.
1970-01-01 08:00
Foreign bank lending to Australian offices hits record as local banks retreat
By Lewis Jackson SYDNEY Foreign bank lending to Australian office real estate hit a record high in the
1970-01-01 08:00