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U.S. Labor Productivity Continues To Tumble In Q2, Labor Costs Continue To Soar
A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter of 2022, while labor costs continued to soar. The Labor Department said labor productivity tumbled by 4.6 percent in the second quarter after plummeting by a revised 7.4 percent in the first quarter.
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1114 일 전
Lyft Launches Media And Advertising Business
Ride-hailing company Lyft announced its foray into the media and advertisement business with the launch of Lyft Media as part of its vision to build the world's largest transportation media network. Lyft Media has built a suite of new products to allow advertisers to engage with Lyft's growing audience throughout their transportation journeys.
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1114 일 전
U.S. Labor Productivity Shows Another Steep Drop In Q2
A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter, while labor costs continued to soar.
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1114 일 전
Dollar Falls Ahead Of U.S. Inflation Data
The U.S. dollar was lower against its most major counterparts in the European session on Tuesday, as investors awaited U.S. inflation data for more clues about the pace of future rate hikes by the Federal Reserve.
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1114 일 전
Ralph Lauren Affirms FY23 Revenue Growth Outlook - Update
While reporting its financial results for the first quarter on Tuesday, luxury fashion house Ralph Lauren Corp. (RL) affirmed its revenue growth guidance for the full-year 2023. It also provided revenue growth outlook for the second quarter.
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1114 일 전
Bay Street May Open With Slightly Negative Bias
Canadian shares are likely to open with a slightly negative bias Tuesday morning, weighed down by weakness in European markets and rising geopolitical tensions.
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1114 일 전
Hyatt Hotels Q2 Results Top Estimates
Hyatt Hotels Corp. (H) reported on Tuesday net income attributable to company for the second quarter of $206 million or $1.85 per share, compared to a net loss of $9 million, or $0.08 per share in the prior-year quarter.
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1114 일 전
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MarineMax To Acquire IGY Marinas For $480 Million In Cash
Recreational boat and yacht retailer MarineMax, Inc. (HZO) announced Tuesday that it has entered into a definitive agreement to acquire Island Global Yachting LLC, which owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations.
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1114 일 전
Hormel Foods Transitioning To Three Strategic Operating Segments
Branded food company Hormel Foods Corp. (HRL) announced Tuesday a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market driven.
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1114 일 전
European Shares Subdued With Focus On Geopolitical Tensions
European stocks were subdued on Tuesday, as investors kept a wary eye on rising geopolitical tensions and awaited Wednesday's key U.S. inflation print for clues on the Fed's next move.
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1114 일 전
FTSE 100 Recovers From Early Slide As Retail Sales Rebound
U.K. stocks recovered from an early slide to trade higher on Tuesday after data showed retail sales rebounded unexpectedly in July.
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1115 일 전
CAC 40 Little Changed In Lackluster Trade
French stocks were subdued on Tuesday, as investors kept an eye on rising geopolitical tensions and looked ahead to the release of key U.S. inflation data on Wednesday for additional clues on the state of the world's largest economy.
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1115 일 전
DAX Declines As Focus Turns To US Inflation Data
German stocks declined on Tuesday as investors awaited Wednesday's key U.S. inflation print for clues on the Fed's next move.
The benchmark DAX dropped 40 points, or 0.3 percent, to 13,647 after climbing 0.8 percent in the previous session.
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1115 일 전
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