By Nivedita Balu and Aditya Soni (Reuters) – Apple Inc’s earnings report on Thursday may show the best quarterly sales growth for iPhones this year but it could still foreshadow a difficult holiday period as China demand slows and inflation hits multi-…
Boeing losses mount on troubled Air Force One program
By David Shepardson WASHINGTON (Reuters) – Boeing said Wednesday the company would take a new $766 million charge on its 2018 billion contract to build two new U.S. presidential airplanes that faced repeated setbacks. Boeing Chief Executive Dave Calhou…
S&P, Nasdaq pulled lower as tech earnings misses fuel slowdown fears
By Stephen Culp NEW YORK (Reuters) – Wall Street wavered on Wednesday, poised to snap a three-day rally as dour earnings guidance added to mounting fears of a global economic slowdown. But those fears, along with a smaller-than-expected interest rate h…
Iran says 13 people killed in shrine attack, Raisi vows to respond
By Parisa Hafezi DUBAI (Reuters) -An attack on a Shi’ite Muslim shrine in the Iranian city of Shiraz killed 13 people on Wednesday, authorities said, and President Ebrahim Raisi vowed that the shooting by suspected Sunni Muslim militants would not go u…
World stocks hit five-week peak, as dollar continues retreat
By Chris Prentice and Dhara Ranasinghe WASHINGTON/LONDON (Reuters) -World stocks rose to a five-week peak on Wednesday in choppy trading as U.S. shares were mixed, with investors weighing disappointing earnings from U.S. heavyweights with hopes the Fed…
U.S. state attorneys general probing Kroger deal for Albertsons
WASHINGTON (Reuters) – A half dozen state attorneys general are digging into Kroger’s planned acquisition of rival grocery chain Albertsons, District of Columbia Attorney General Karl Racine said on Wednesday. The deal, which was announced in mid-Octob…
Pfizer, facing lawsuit, says minority fellowship program serves public interest
By Jonathan Stempel NEW YORK (Reuters) – Pfizer Inc said its fellowship program for minorities serves the public interest, as the drugmaker defends against a lawsuit by a group of medical professionals that claims the program illegally excludes whites …
A nation of immigrants: Newcomers’ share of Canadian population hits record
By Anna Mehler Paperny TORONTO (Reuters) – Immigrants’ share of Canada’s population has hit its highest point in the country’s 150-year history and the biggest share among G7 countries, new data released by Statistics Canada showed on Wednesday. Twenty…
Analysis-Donations from Brazil farm sector boost Bolsonaro’s re-election bid
By Nayara Figueiredo SAO PAULO (Reuters) – Agribusiness leaders contributed the lion’s share of financing for President Jair Bolsonaro’s re-election campaign, underscoring his close ties with farm interests, while his leftist challenger relied almost e…
Biden and Israel’s Herzog to discuss Iran’s nuclear threat
WASHINGTON (Reuters) – Israeli President Isaac Herzog said he plans to discuss Iran, including the nuclear threat it poses, with U.S. President Joe Biden in remarks just ahead of a bilateral meeting at the White House on Wednesday. Herzog also accused …