Business & Finance News
The S&P 500 and the Nasdaq were set for modest gains at the open on Wednesday as investors drew comfort from Iranian signals that overnight missile strikes “concluded” its retaliation to the killing of Qassem Soleimani.
Walgreens Boots Alliance Inc’s quarterly profit missed Wall Street expectations on Wednesday, hurt by lower payments from insurers on drugs sold at its U.S. pharmacies, exacerbating investor fears around its growth.
Fugitive former Nissan chief Carlos Ghosn said that he was brought down by a plot cooked up at the company, many of whose executives he named at a news conference in Beirut on Wednesday.
Cashing in on rising demand for imitation meat, major retailers including Kroger and Walmart recently began to carry Beyond Meat’s plant-based burgers and sausages.
Former Nissan chief Carlos Ghosn said on Wednesday he had been treated brutally and ruthlessly by Japanese prosecutors, who threatened to take action against his family if he didn’t confess to their accusations.
Former Nissan head Carlos Ghosn on Wednesday said he was brutally taken from his family and friends by Japanese prosecutors.
Macy’s Inc reported just a 0.6% drop in holiday period same-store sales on Wednesday, quelling fears of a more dramatic fall in the department store operator’s numbers for the crucial annual shopping season after an earlier profit warning.
Fugitive former Nissan chief Carlos Ghosn spoke to the media in Beirut on Wednesday after fleeing to Beirut last month from Tokyo, where he had been awaiting trial on charges of financial misconduct.
Oil futures fell on Wednesday from peaks hit in frenzied early trading after a rocket attack by Iran on American forces in Iraq raised the spectre of a spiralling Middle East conflict and disruption to crude flows.
Macy’s Inc reported just a 0.6% drop in holiday period same-store sales on Thursday, quelling fears of a more dramatic fall in the department store operator’s numbers for the crucial annual shopping season after an earlier profit warning.
Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn told Reuters.
Drugstore chain Walgreens Boots Alliance Inc posted a quarterly profit that missed expectations on Wednesday, hurt by lower payments from insurers on drugs sold, sending shares down nearly 4% before the bell.
Carlos Ghosn, the ousted boss of the Renault-Nissan carmaking alliance who fled house arrest in Japan last week, denies the allegations of financial misconduct made against him.
Ousted Nissan boss Carlos Ghosn says he fled to Lebanon last week to escape a “rigged” justice system in Japan, where he believed he would not get a fair trial.
Major airlines canceled Iran and Iraq flights on Wednesday and re-routed others away from both countries’ airspace, following an Iranian missile strike on United States-led forces in Iraq.
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