Sunday, 19 May 2024

Business

Business News Today: Get all the Latest Business News, Economy News, International Business News on the news24x7world.com. Read Business News …

Papa John's gives upbeat full-year forecast after rocky 2018, shares rise

(Reuters) – Papa John’s International Inc forecast better-than-feared North American same-store sales on Tuesday, as the U.S. pizza chain’s investments on rebranding following its months-long spat with founder John Schnatter pay off. Shares were up about 3 percent in extended trading, after the company also said it would use about half of a $200 million […]

Wall St. edges lower in choppy session

NEW YORK (Reuters) – Wall Street’s three major indexes fell slightly after a choppy session on Tuesday as investors eyed mixed U.S. economic data and corporate news and waited for clarity on issues such as the U.S.-China trade talks. Weaker-than-expected housing data contrasted with a rosy consumer confidence report, while Home Depot Inc was among […]

Walmart hopes to boost ad business by letting P&G, Unilever advertise in stores, online

WASHINGTON (Reuters) – Walmart Inc will allow consumer companies like Procter & Gamble, Unilever and Mondelez International Inc to advertise to shoppers in its stores and online in a renewed push to grow its advertising business and drive profits. The company will make the announcement at its annual meeting with suppliers on Tuesday. The move […]

UAW sues GM over decision to end production at U.S. plants

(Reuters) – The United Auto Workers union on Tuesday filed suit against General Motors Co over its decision to end production at three U.S. auto plants, saying it violated a 2015 collective bargaining agreement. The suit filed in U.S. District Court in Ohio said GM’s decision to end production at three plants in Michigan, Ohio […]

AT&T defeats U.S. in merger fight to buy Time Warner

WASHINGTON (Reuters) – A U.S. appeals court approved wireless carrier AT&T Inc’s deal to buy media company Time Warner on Tuesday, a defeat for the U.S. Justice Department which had argued the $85.4 billion merger would mean higher prices for consumers. The three-judge panel on the U.S. Court of Appeals for the District of Columbia […]

Home Depot forecasts poor 2019 earnings as U.S. housing momentum slows

(Reuters) – Home Depot Inc projected 2019 earnings below Wall Street forecasts on Tuesday, as rising U.S. home prices discourage many Americans from buying new houses. Shares of the largest U.S. home improvement retailer fell 2.6 percent to $183.75 in early trade after its fourth-quarter results showed the company had also missed estimates for same-store […]

Amazon to launch 1,000 UK apprenticeships by 2021

US technology giant Amazon says it will create more than 1,000 apprenticeships in the UK over the next two years. The company said the apprenticeship pay-scale will range from an entry level starting salary of between £9.50 and £10.50 an hour, up to £30,000 a year. The apprenticeships will consist of nine programmes, lasting between […]