Deere delivers profit beat, lifts outlook on strong tractor demand
(Reuters) – Deere & Co breezed past Wall Street estimates for third-quarter profit on Friday and raised its annual net…
California probes ‘pharmacy deserts’ in Kroger’s Albertsons deal-sources
(Reuters) – The California attorney general’s office is probing whether Kroger (NYSE:KR)’s $24.6 billion plan to buy rival grocer Albertsons…
Australian wine industry faces hangover from China’s high tariffs
(Reuters) – Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese…
Farfetch shares crash 40% on Q2 revenue miss & disappointing guidance; analysts cut rating
Farfetch Limited (NYSE:FTCH) shares plummeted more than 39.5% in pre-open Friday after the company delivered weaker-than-expected guidance. Revenue of $579.35…
Instacart preparing to go public in September – Bloomberg
Instacart Inc., the largest online grocery-delivery company in the United States, is reportedly gearing up for an initial public offering…
Air travel boom creates crosswinds for air cargo
(Reuters) – Air cargo enjoyed record demand when COVID-19 closed borders and snarled supply chains. Now, it is reeling from…
Pfizer’s updated COVID shot effective against ‘Eris’ variant in mice study
(Reuters) – Pfizer Inc (NYSE:PFE) said on Thursday its updated COVID-19 shot, which is being tested against emerging variants, showed…
Striking writers take antitrust aim at Disney, Amazon, Netflix
(Reuters) – The striking Writers Guild of America (WGA) on Thursday urged federal regulators to increase their oversight of the…
UAW leader says Detroit Three automakers ‘still not serious’ in contract talks
(Reuters) – United Auto Workers President Shawn Fain told Reuters the Detroit Three automakers are “still not serious” in their…
From Mad Men to machines? Big advertisers shift to AI
(Reuters) – Some of the world’s biggest advertisers, from food giant Nestle (SIX:NESN) to consumer goods multinational Unilever (LON:ULVR), are…