By Kylie Madry SANTIAGO (Reuters) -LATAM Airlines on Monday posted a third-quarter net profit of…
Category: Business
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UAW reaches deal with GM, ends coordinated strikes against Detroit automakers
(Reuters) – The United Auto Workers (UAW) union reached a tentative agreement with General Motors…
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Western Digital to split flash memory unit, refinance debt
By Samrhitha A and Aditya Soni (Reuters) -Western Digital said on Monday it would spin…
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Ackman’s bet against US Treasuries pays off with $200 million profit
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire hedge fund manager Bill Ackman, who traditionally…
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Snap sees upbeat fourth quarter as new ad features start to pay off
(This Oct.24 story has been refiled to add dropped letter in analyst name, in paragraph…
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Dollar rises as US business activity ticks up in October
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against a basket of currencies…
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Marketmind: Bond squeeze abates as Middle East war in focus
A look at the day ahead in U.S. and global markets from Mike Dolan After…
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Bank of America’s unrealized losses on securities rose to $131.6 billion
By Saeed Azhar and Nupur Anand NEW YORK (Reuters) -Bank of America reported unrealized losses…
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Biden cuts China off from more Nvidia chips, expands curbs to other countries
By Alexandra Alper, Karen Freifeld and Stephen Nellis WASHINGTON (Reuters) -The Biden administration plans to…
Dollar mixed after earlier bounce on strong US retail sales
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on…