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.…