Home Depot warns of sales, profit decline on weak consumer spending
By Juveria Tabassum (Reuters) -Home Depot forecast a decline in annual profit and a bigger drop in its annual comparable…
August 2024
Thailand to expand state equity fund by up to $4.3 billion to invest in local stocks
BANGKOK (Reuters) – Thailand will increase the size of a state mutual fund by between 100 billion baht and 150…
Biden targets tumors with $150 million funding for ‘Cancer Moonshot’ program
By Jarrett Renshaw (Reuters) – President Joe Biden will announce Tuesday he is putting $150 million in new federal funding…
US producer prices rise less than expected in July
WASHINGTON (Reuters) – U.S. producer prices increased less than expected in July as a rise in the cost of goods…
Ford issues do-not-drive advisory over continuing Takata airbag concerns
(Reuters) – Ford Motor issued an do-not-drive advisory on Tuesday for certain vehicles still affected by Takata airbag recalls. The…
China new loans hit 15-year low in July, more policy steps expected
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s bank lending tumbled more than expected in July, hitting the lowest…
Democrats target US swing state voters overseas to win support for Harris
By Andrea Shalal WASHINGTON (Reuters) – The Democratic National Committee will spend over $100,000 in a first-ever push to register…
JetBlue to raise over $3 billion through debt offerings, shares fall
(Reuters) – JetBlue Airways said on Monday it plans to raise about $3.15 billion in capital through separate debt offerings,…
Starbucks, Elliott in talks over a settlement, CNBC reports
(Reuters) -Starbucks and activist investor Elliott Management are talking about a settlement, CNBC reported on Monday, citing sources. Elliott had…
Lebanon’s displaced fear a bleak future
By Jehad Shalbak Amr Alfiky YOHMOR/TYRE, Lebanon (Reuters) – Displaced in south Lebanon five times, Kamel Mroue and his wife…