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News
Renault swings to profit in first half despite intense Chinese competition
1+ hour, 42+ min ago (124+ words) PARIS, July 29 (Reuters) – Renault swung back to a profit in the first half of 2026 versus a large one-off loss in the same period last year, with electric vehicle sales up sharply despite intense competition from expanding Chinese brands. The French…...
JMKAC Honored as One of the Best in the US
3+ hour ago (107+ words) whbl.com JMKAC Honored as One of the Best in the US The John Michael Kohler Arts Center has been named one of the 30 Best Art Museums In the US by ArtNews. In addition, the Center was ranked #6 in the…...
Analysis-Meta’s AI splurge lays bare its compute conundrum
1+ hour, 38+ min ago (822+ words) By Aditya Soni and Sayantani Ghosh July 30 (Reuters) – Meta can simultaneously fuel its own AI ambitions and rent out its scarce computing capacity to bolster returns, CEO Mark Zuckerberg signaled on Wednesday. The problem is: investors aren’t buying it. The…...
Sanofi lifts sales growth forecast on Dupixent strength in boost for new CEO
2+ hour, 56+ min ago (548+ words) LONDON, July 30 (Reuters) – Sanofi raised its full-year sales forecast on Thursday, on the back of strong demand for blockbuster asthma drug Dupixent and newer products in the French drugmaker’s first results under new CEO Belen Garijo. Garijo has taken the…...
BAT must face class-action litigation over cigarette labels, US appeals court rules
1+ hour, 42+ min ago (559+ words) July 29 (Reuters) – A divided U.S. appeals court ruled on Wednesday that British American Tobacco must face class-action litigation claiming it misled consumers into believing Natural American Spirit cigarettes were safer than other cigarettes and contained no additives. The 2-1 decision by…...
Kia to invest $649 million to bring electric car production to Mexico
1+ hour, 42+ min ago (251+ words) MEXICO CITY, July 29 (Reuters) – South Korea’s Kia will produce and sell fully electric vehicles in Mexico, managing director for the company Horacio Chavez said on Wednesday. The car manufacturer will invest $649 million in Mexico, Chavez added during President Claudia Sheinbaum’s…...
Trading Day: All Warshed up
1+ hour, 42+ min ago (434+ words) ORLANDO, Florida, July 29 (Reuters) – U.S. shares tumbled and long-dated Treasury yields surged to multi-decade peaks on Wednesday after the Federal Reserve kept interest rates on hold, while earlier, the rout in South Korean stocks snowballed to historic proportions after chipmaker…...
India’s Swiggy posts narrower loss as quick commerce arm hits contribution break-even
1+ hour, 57+ min ago (183+ words) July 30 (Reuters) – India’s Swiggy Ltd on Thursday posted a narrower quarterly loss by 34%, buoyed by healthy demand for its food delivery and as its quick commerce arm hit a contribution break-even. The Instamart-owner reported a consolidated net loss of 7.91 billion…...
Analysis-Fed’s ‘hawkish hold’ muddies path for stocks and bonds
1+ hour, 42+ min ago (858+ words) NEW YORK, July 30 (Reuters) – Investors searching for clarity from a newly led U.S. Federal Reserve were disappointed on Wednesday, warning that the central bank’s mixed messages on the outlook for interest rates could unsettle stocks and bonds and increase the…...
Early dissents versus Fed chief Warsh are the most since 1970
1+ hour, 42+ min ago (405+ words) July 29 (Reuters) – Kevin Warsh came into the Federal Reserve chairman’s seat busting for, as he repeatedly called it, a “good family fight,” and he appears to have had a bruiser at this week’s two-day policy meeting, just the second he…...