Apple unveils iPhone 14 with SOS satellite, Ultra Watch for outdoors

Join now for FREE unlimited access to Reuters.com Register September 7 (Reuters) – Apple Inc. (AAPL.O) introduced new iPhone 14 models capable of using satellites to send emergency messages and an adventure-focused Ultra Watch for sports like diving and triathlons. Outward-focused products will test whether Apple’s relatively affluent customer base will continue to spend in … Read more

Wall Street rebounds on lower yields, focuses on Fed path

Join now for FREE unlimited access to Reuters.com Register Energy stocks follow the fall in oil The Fed’s Beige Book indicates that price pressures are still lingering Fed Chairman Powell will speak on Thursday Sept 7 (Reuters) – U.S. stock indices climbed on Wednesday after a recent selloff as bond yields eased, as investors await … Read more

Wall Street ends its busy post-summer session in the red

Join now for FREE unlimited access to Reuters.com Register ISM service sector data beats estimates Bed Bath & Beyond shares sink after death of CFO Wall St emerges from three straight weeks of decline Dow down 0.55%, S&P 500 down 0.41%, Nasdaq down 0.74% NEW YORK, Sept 6 (Reuters) – Wall Street’s major indexes closed … Read more

Bed Bath & Beyond to cut jobs and close stores in bid to reverse losses

Join now for FREE unlimited access to Reuters.com Register Aug 31 (Reuters) – Bed Bath & Beyond Inc (BBBY.O) On Wednesday, it announced it had signed deals for more than $500 million in new funding and would close 150 stores, cut jobs and revamp its merchandising strategy in a bid to turn around its loss-making … Read more

Wall St falls for 3rd consecutive session on concerns over Fed rate hikes

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 29, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register Best Buy sales beat estimates as discounts drive demand July job openings up sharply Dow down 1.02%, S&P 500 down 1.22%, Nasdaq down 1.45% … Read more

Wall Street ends well as Powell speech affirms hawkish rate stance

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 15, 2022. REUTERS/Brendan McDermid/File Photo Join now for FREE unlimited access to Reuters.com Register Fed will continue to tighten until inflation is under control – Powell Core PCE rises 0.1% in July compared to a rise of 0.6% … Read more

Ryan Cohen’s $60m Bed Bath U-turn sparks ire from even stock investors

An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, U.S., January 29, 2021. REUTERS/Emily Elconin Join now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Investors flooded social media platforms such as Reddit on Friday with criticism of Ryan Cohen’s sale of his stake in Bed Bath & … Read more

US retail sales stable due to lower gasoline prices; resilient consumer spending

People shop for clothes at a Target chain store in Westbury, New York, U.S., May 20, 2021. REUTERS/Shannon Stapleton/File Photo Join now for FREE unlimited access to Reuters.com Register Retail sales unchanged in July; June sales revised down Gasoline and motor vehicles account for stable sales Core retail sales increase 0.8% WASHINGTON, Aug 17 (Reuters) … Read more

EXCLUSIVE Biden’s emergency board calls for railroad wage hikes to resolve contract talks

U.S. President Joe Biden rides Air Force One as he departs for Washington, DC from Joint Base Charleston, South Carolina, U.S., August 16, 2022. REUTERS/Joshua Roberts Join now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Aug 16 (Reuters) – U.S. President Joe Biden’s emergency council tasked with helping major freight railroads and unions … Read more

Asia shares mixed shares, China cuts rates as data disappoints

FILE PHOTO – People walk past an electronic screen showing Japan’s Nikkei stock price index at a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edge higher, S&P 500 futures plunge PBOC lowers key rates, Chinese data sorely lacking in forecasts Eyes … Read more