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Nordstrom slashes annual profit forecast after weak holiday sales
(Reuters) -Nordstrom Inc on Thursday cut its forecast for annual profit after reporting weak holiday sales, as the department store chain took a hit from heavy discounting and promotions. Shares of th...
Syndicated Content Jan 19, 2023
Soccer-Second-string Barcelona thrash Ceuta to advance in Spanish Cup
(Reuters) - Robert Lewandowski scored a brace and led a second-string Barcelona side to a 5-0 win at third-tier Ceuta in the Copa del Rey last 16 on Thursday. Raphinha, Ansu Fati and Franck Kessie wer...
Syndicated Content Jan 19, 2023
T-Mobile says investigating data breach affecting 37 million accounts
(Reuters) - U.S. wireless carrier T-Mobile said on Thursday it was investigating a data breach that potentially affected 37 million accounts. The company said it identified malicious activity and cont...
Syndicated Content Jan 19, 2023
Wayfair prepares to cut more than 1,000 jobs – WSJ
(Reuters) - Online furniture retailer Wayfair Inc is preparing to lay off over 1,000 workers, or more than 5% of its workforce, the Wall Street Journal reported on Thursday, citing people familiar wit...
Syndicated Content Jan 19, 2023
Capital One scraps 1,100 tech positions – source
(Reuters) - Consumer lending firm Capital One Financial Corp has cut 1,100 positions in its technology segment, a person familiar with the matter told Reuters on Thursday, a move that comes as its dig...
Syndicated Content Jan 19, 2023
Fed ‘probing’ for right rate level as prospects rise for ‘soft landing’
By Howard Schneider and Bianca Flowers WASHINGTON/CHICAGO (Reuters) - The chances of a "soft landing" for the U.S. economy, where inflation declines without major job losses, appear to be growing, Fed...
Syndicated Content Jan 19, 2023
South Korea Dec producer inflation slows for sixth month
SEOUL (Reuters) - South Korea's producer inflation slowed in December for a sixth month, dropping to the lowest rate in 20 months, central bank data showed on Friday. The country's producer price inde...
Syndicated Content Jan 19, 2023
Reed Hastings steps down as Netflix CEO as company posts subscriber gains
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Netflix Inc co-founder Reed Hastings announced on Thursday he will step down as chief executive, handing the reins of the streaming servic...
Syndicated Content Jan 19, 2023
China reports big jump in COVID hospitalisations -WHO
GENEVA (Reuters) - China reported a large jump in COVID-19 hospitalisations in the week through to January 15 to the highest since the pandemic began, according to a weekly report published by the Wor...
Syndicated Content Jan 19, 2023
Hundreds more Canada-made armoured vehicles to arrive in Ukraine by summer
By Kyaw Soe Oo MISSISSAUGA, Ontario (Reuters) - A Canadian company supplying battle-ready armoured vehicles to Ukraine plans to deliver the 200 vehicles Ottawa promised to Kyiv before summer, the firm...
Syndicated Content Jan 19, 2023
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