By Lewis Krauskopf NEW YORK (Reuters) - Improving profit margins among U.S. companies are supporting a stronger-than-expected earnings season even as revenues top estimates at rates below the historical long-term average, according to Goldman Sachs strategists. With the vast majority…
COPENHAGEN (Reuters) -Seismic activity in southwestern Iceland decreased in size and intensity on Monday, but the risk of a volcanic eruption remained significant, authorities said, after earthquakes and evidence of magma spreading underground in recent weeks. Almost 4,000 people were…
By Hannah Lang (Reuters) - Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer watchdog, in a major policy change. The 2,100 financial…
By David Brunnstrom and Michael Martina (Reuters) -Leaders from the 21-member Asia-Pacific Economic Cooperation forum gather this week in San Francisco for the 30th APEC summit, where the spotlight will be on a rare meeting between the U.S. and Chinese…
By Tom Polansek CHICAGO (Reuters) - The United States is importing record amounts of beef this year and exporting less after ranchers slashed the nation's cattle herd to its lowest level in decades, tightening margins for meat companies like Tyson…
By Muyu Xu (Reuters) - China's oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions. Existing sanctions were implemented over Iran's nuclear programme, and U.S. lawmakers are seeking to…
(Reuters) - ChatGPT maker OpenAI said on Thursday it intends to work with organizations to produce public and private datasets for training artificial intelligence (AI) models. Popular chatbot ChatGPT, which can generate poems and prose from simple prompts, is based…
SANTIAGO (Reuters) - Electric vehicle maker Tesla is looking to make inroads in South America by hiring personnel for a new operation in Chile and registering its name, according to public documents. Tesla Chile was registered and published in the…
By Chuck Mikolajczak (Reuters) - The S&P 500 and Nasdaq eked out small gains on Wednesday to extend their recent winning streaks as investors weighed Federal Reserve officials' recent comments for signals on the path of interest rates and focused…
By Foo Yun Chee BRUSSELS (Reuters) -Google's YouTube and TikTok will be asked by EU industry chief Thierry Breton to explain how they protect children from illegal and harmful content on their platforms in line with new EU rules, a…