(Reuters) – Walt Disney on Monday hired PepsiCo veteran Hugh Johnston as its chief financial officer, strengthening top boss Bob Iger’s hands as he tries to turn around the media giant fac[...]
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Fed’s Bostic, cheered by jobs data, still leans against further rate hikes
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic, weighing in after the release of the latest round of jobs data, said on Friday that the economy’[...]
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Uber, Lyft to pay $328 million to settle New York wage theft claims
By Jonathan Stempel NEW YORK (Reuters) – Uber and Lyft will pay a combined $328 million to settle claims by New York’s attorney general that the ride-sharing companies systematically cheat[...]
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US jury finds realtors liable for inflating commissions, awards $1.78 billion damages
By Mike Scarcella and Jonathan Stempel (Reuters) -A U.S. jury on Tuesday found the National Association of Realtors and some residential brokerages, including units of Warren Buffett’s Berkshire[...]
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Elon Musk expected to attend global AI summit in UK – source
LONDON (Reuters) – Billionaire entrepreneur Elon Musk is expected to attend a global summit on artificial intelligence in Britain this week, according to a government official. Britain is bringi[...]
Read moreGlobal business cycle is in transition: Kemp
By John Kemp LONDON (Reuters) -Global economic activity was mixed during the third quarter of 2023, with distinct signs of improvement in the United States and China but continued sluggishness elsewhe[...]
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Investors on edge as Middle East conflict intensifies
By Lewis Krauskopf NEW YORK (Reuters) -Investors are watching for signs that the conflict in the Middle East may be escalate over the weekend, potentially ratcheting up volatility as investors await a[...]
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T-Mobile lifts free cash flow forecast as profit, subscriber additions beat estimates
By Samrhitha A (Reuters) -T-Mobile US raised the lower end of its annual free cash flow forecast on Wednesday as it beat estimates for quarterly profit and subscribers additions on the back of cheaper[...]
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Oil drops over 2% as diplomatic moves in Gaza war ease supply concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 2% on Monday as diplomatic efforts in the Middle East intensified in an attempt to contain the conflict between Israel and Hamas, easing inv[...]
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