Procter & Gamble Co. raised its sales projection for the fiscal year ending in June, citing higher prices and a slight increase in demand for some of its products. The shares rose the most in three years.
US inflation is now expected to come down faster than originally projected thanks to tighter credit conditions in the aftermath of several bank failures.
Day traders are paying a price for their newfound love affair with one of the hottest trades in the equity market.
As the dominant force in online search, Alphabet Inc.’s Google has for years had little to challenge its supremacy. But the rapid adoption of OpenAI’s ChatGPT has some investors concerned that may be about to change.
Tesla Inc. increased prices of its Model S and X vehicles in the US after steep markdowns early this year took a toll on profitability and the carmaker’s shares.
Oil steadied on Friday, hovering just above the level at which key producers in the OPEC+ alliance surprised traders with shock output cuts.
Canada’s consumers are starting to feel the pinch of higher interest rates as they pull back on spending.
South Africa’s energy minister attended the opening of a new coal mine, promoting use of the dirtiest fossil fuel as the government struggles to control an energy crisis.
Rogers Communications Inc. hired Navdeep Bains, a former cabinet minister turned banker, to an executive role as the wireless and cable firm begins to absorb the assets of Shaw Communications Inc.
Twitter Inc. removed labels describing news organizations as government-funded or state-affiliated after weeks of sparring between them and the site’s billionaire owner Elon Musk.
