World Economic Magazine - World Economic Magazine

Dell, HP say chip shortages will hit PC supplies this year

Dell Technologies Inc (DELL.N) and HP Inc (HPQ.N) reported quarterly revenue that beat Wall Street estimates on Thursday, as customers…

5 years ago

Biden pledges to tackle monopolies, supply shortages as prices rise

President Joe Biden pledged on Thursday toroot out anti-competitive business practices and ease construction materials shortages andtransportation backups that are…

5 years ago

Explainer: When will we know the results of Exxon’s board election?

The full makeup of Exxon Mobil Corp's board of directors remained undecided following Wednesday's hotly contested election in which 16…

5 years ago

Costco beats revenue estimates as restrictions ease

Membership-only retail chain Costco Wholesale Corp (COST.O) reported quarterly revenue on Thursday that beat analysts' estimates and said it was…

5 years ago

U.S. chip subsidy effort faces pushback over China issues

A series of amendments for a $190 billion U.S. Senate bill aimed at countering China's technology challenge are in limbo…

5 years ago

EXCLUSIVE U.S. opens criminal probe into alleged lapses at Eli Lilly plant

The U.S. Justice Department has launched a criminal investigation into Eli Lilly and Co (LLY.N) focused on alleged manufacturing irregularities…

5 years ago

Asian stocks extend global rally to 7th day, U.S. stimulus in focus

Asian stocks put global equities on course for a seventh day of gains on Friday as investors bet the U.S.…

5 years ago

Gap raises 2021 forecasts as apparel shopping gains momentum

Gap Inc (GPS.N) raised its forecast for annual sales and profit, expecting an unabated surge in demand for new apparel…

5 years ago

Wall Street edges up as weekly jobless claims fall

U.S. stocks advanced modestly on Thursday, as data showing improvement in the labor market helped fuel expectations the economy continues…

5 years ago

Swiss bank Julius Baer to pay $79.7 mln in FIFA corruption settlement

The Swiss bank Julius Baer (BAER.S)will pay $79.7 million in a settlement with the U.S. Department of Justice after being…

5 years ago