Reckitt misses like-for-like sales expectations, to launch $1.2 billion buyback

(Reuters) – Reckitt, maker of Dettol and Lysol cleaning products, on Wednesday missed third-quarter like-for-like sales expectations as volumes declined,…

Zara owner Inditex to buy recycled polyester from US start-up

(Reuters) – Zara owner Inditex (BME:ITX), the world’s biggest clothing retailer, has agreed to buy recycled polyester from U.S. start-up…

Amazon mulls offering veterinary telehealth – CNBC

Amazon (NASDAQ:AMZN) is said to be mulling an expansion into veterinary telehealth, CNBC reported Tuesday, in its latest bid to…

UAW expands strike against GM, walking out of Texas SUV plant

(Reuters) – The United Auto Workers (UAW) union struck a General Motors (NYSE:GM) assembly plant in Texas on Tuesday that…

Spotify’s user growth beats expectations, posts quarterly profit

(Reuters) – Streaming giant Spotify (NYSE:SPOT) on Tuesday reported quarterly monthly active users and subscribers ahead of expectations as it…

Cardinal Energy’s 2023 Revenue Forecast Upgraded, Outpacing Industry Peers

The covering analyst for Cardinal Energy Ltd. has substantially revised the company’s revenue forecasts for this year, indicating a brighter…

General Electric surges on another strong beat-and-raise quarter driven by aerospace

General Electric (NYSE:GE) gained 6% in early trading Tuesday following another beat and raise quarter. Total adjusted revenues for the…

Tesla Autopilot fatality case to soon reach California jury

(Reuters) – Closing arguments are set to begin on Tuesday in the first U.S. trial over allegations that Tesla (NASDAQ:TSLA)’s…

RTX swings to loss on Pratt engines issues, approves $10 billion share buyback program

(Reuters) – RTX reported a near billion dollar quarterly loss on Tuesday, as the aerospace supplier took a hit due…

Halliburton profit jumps 32% on higher global drilling demand

(Reuters) – Halliburton (NYSE:HAL) reported a 32% rise in third-quarter profit on Tuesday as higher international drilling and equipment demand…