Clear 30°. Wind: S 3 mph.
Trending: Howard Stern’s new SiriusXM deal: How he plans to ‘have it all’
HomeNewsNationalBusiness ( Page 68)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Profit slide at Target hints at meager holiday season for the retailer

NEW YORK (AP) - Target's third-quarter profit tumbled as the retailer struggles to lure shoppers that are being pressed by stubbornly high inflation. The Minneapolis company said Wednesday that it expects its sales slump to extend through the critical holiday shopping season. Investors have punished ...
by

TJ Maxx parent TJX raises annual profit forecast

(Reuters) -TJX Cos raised annual profit forecast on Wednesday, anticipating that broad sourcing strategy and seasonal inventory will attract bargain-hunting shoppers to its off-price stores. Shares of the company rose about 3% in premarket trading. They have risen nearly 21% so far this year. The Framingham, ...
by

Brazilian lender BRB to hire audit firm to investigate facts linked to Banco Master

SAO PAULO (Reuters) -Brazilian state-run bank BRB said on Wednesday that its board decided to hire a specialized external audit firm to investigate the facts related to a police operation which targeted mid-sized lender Banco Master. On Tuesday, Brazil's federal police launched an operation against ...
by

Amundi’s Mortier worried about Fed independence, cautious on megacap stocks

By Yoruk Bahceli LONDON (Reuters) -Damage to the independence of the U.S. Federal Reserve remains a risk going into 2026, the chief investment officer of Europe's largest asset manager said on Wednesday. Amundi, which manages 2.3 trillion euros ($2.67 trillion), favours European and emerging market ...
by

G20 financial watchdog backs modernising regulations

By Marc Jones LONDON (Reuters) -Modernising regulations, aligning rules around stablecoins and keeping tabs on ballooning debt and private credit markets are next year's top priorities, global financial regulators said on Wednesday. The Financial Stability Board, which coordinates financial rules for the Group of 20 economies ...
by

Implementation of lower US tariffs on Switzerland targeted in coming days

ZURICH (Reuters) -The United States and Switzerland are working towards implementing a reduction in U.S. tariffs on Switzerland to 15% from 39% in the coming days, the Swiss government said after it sealed an initial deal last week. On Friday, the Swiss government and the ...
https://www.menards.com/main/home.html
by

Star Entertainment in Australia fails performance hurdles for seventh straight year

(Reuters) -Embattled Australian casino operator Star Entertainment said on Wednesday that long-term performance rights awarded to its top executives and managers have lapsed for the seventh consecutive year after the company once again failed to meet key performance hurdles. The rights granted for the year ...
by

Asian shares retreat in cautious trading ahead of Nvidia profit report

TOKYO (AP) - Asian shares retreated in cautious trading Wednesday ahead of an earnings report from Nvidia that is seen as a bellwether for the recent craze for artificial intelligence technology. Japan's benchmark Nikkei 225 was nearly unchanged at 48,724.17. Hong Kong's Hang Seng ...
by

China’s diesel trucks are shifting to electric. This could change global LNG and diesel demand.

HANOI, Vietnam (AP) - China is replacing its diesel trucks with electric models faster than expected, potentially reshaping global fuel demand and the future of heavy transport. In 2020, nearly all new trucks in China ran on diesel. By the first half of 2025, battery-powered ...
by

Japan counts cost of China’s travel boycott as tensions flare

By Joseph Campbell and John Geddie TOKYO (Reuters) -Within days of China urging its citizens not to travel to Japan due to a diplomatic dispute, Tokyo-based tour operator East Japan International Travel Service had lost 80% of its bookings for the remainder of the year. ...
by

Yen bid, dollar steadies as investors look for safety from global selloff

By Gregor Stuart Hunter SINGAPORE (Reuters) -The yen regained its footing and the U.S. dollar held steady against most of its biggest peers in early trading in Asia on Wednesday, as investors switched into safe havens after a days-long global selloff in stocks. The yen advanced ...
by

Oil prices fall as rising US inventories reinforce oversupply concerns

BEIJING (Reuters) -Oil prices fell on Wednesday as an industry report showing crude and fuel inventories rose last week in the U.S., the world's biggest crude consumer, reinforced mounting concerns that supply is exceeding demand in the market. Brent crude futures dropped 28 cents, ...
First Previous646566676869707172Next Last