Reuters USA

Aussie supermarkets set to capitalise on high inflation, but softer demand ahead

By Harshita Swaminathan (Reuters) – Australian supermarkets will reap bigger profits in fiscal 2023 half-year due to decades-high inflation and increased savings, but analysts warned of a rough second-half as households reel from mounting expenses due to higher cost of living. Top supermarket chains Woolworths Group and Coles Group will likely see growth in their …

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Actor Tom Sizemore of ‘Saving Private Ryan’ hospitalized from brain aneurysm -manager

(Reuters) – Tom Sizemore, an American actor known for his roles in “Saving Private Ryan” and “Black Hawk Down,” has been hospitalized in Los Angeles after suffering a brain aneurysm early Saturday morning and is in critical condition, his manager said. “He is currently in critical condition and it’s a wait and see situation,” the 61-year-old …

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Wall Street Week Ahead: Retailers’ results may be next test for rally in U.S. stocks

By Lewis Krauskopf NEW YORK (Reuters) – Earnings results from major retailers in the coming weeks will test the strength of the U.S. stock market rally, as investors gain insight into the health of consumer spending and the fallout on company bottom lines from inflation. As a tepid fourth-quarter results season comes to an end, …

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Ukraine presses U.S. Congress members for F-16 jetfighters, lawmakers say

By Jonathan Landay MUNICH, Germany (Reuters) – Ukrainian officials have urged U.S. Congress members to press President Joe Biden’s administration to send F-16 jetfighters to Kyiv, saying the aircraft would boost Ukraine’s ability to hit Russian missile units with U.S.-made rockets, lawmakers said. The lobbying came over the weekend on the sidelines of the Munich …

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Exclusive-Discover to enable tracking of purchases at gun retailers from April

By Ross Kerber (Reuters) -Discover Financial Services, a provider of credit cards, told Reuters it will allow its network to track purchases at gun retailers come April, making it the first among its peers to publicly give a date for moving ahead with the initiative, which is aimed at helping authorities probe gun-related crimes. Discover’s …

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