Oct 30, 2023
Meta introduces ad-free plans for Instagram, Facebook in Europe

(Reuters) -Meta Platforms said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with the European Union regulations. The monthly subscription plans for users in the EU, European Economic…

Oct 26, 2023
US economy delivers blockbuster performance in third quarter

By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy grew almost 5% in the third quarter, again defying dire warnings of a recession, as higher wages from a tight labor market helped to fuel consumer spending and businesses restocked at…

Oct 25, 2023
Amazon analysts expect same-day delivery to boost margins in Q3

By Arriana McLymore NEW YORK (Reuters) - Investors will look for signs that Amazon's aggressive expansion of same-day delivery services helped increase its third-quarter profit margin by spurring shoppers to place more frequent and bigger orders. Same-day delivery is now…

Oct 23, 2023
Chevron to buy Hess Corp for $53 billion in all-stock deal

LONDON (Reuters) -Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana.…