Insurers stare at up to $60 bln hit from Hurricane Ian, AIG chief Zaffino says
Insurers face potential losses of up to $60 billion from Hurricane Ian, American International Group Inc (AIG.N) chief Peter Zaffino said on Wednesday, in what
Category: Business
United Airlines pilots vote against new contract offer
United Airlines (UAL.O) pilots overwhelmingly voted against a tentative contract, the union representing the workers said on Tuesday, saying the proposal fell short of what
Chesapeake points to rising costs in fastest-growing U.S. gas field
Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for
Sodexo sees demand for catering and vouchers lifting margins
Sodexo (EXHO.PA) expects its operating profit margin to rise to over 6% in 2025 as more companies outsource their catering and benefits needs and the
Yum beats sales estimates as customers flock to KFC, Taco Bell deals
Yum Brands Inc (YUM.N) beat Wall Street estimates for quarterly comparable sales on Wednesday, as the company’s KFC value deals and $2 Taco Bell burritos
U.S. Q3 GDP overshot IMF forecasts, but growth volatile
The International Monetary Fund may need to raise its forecast for U.S. growth after stronger-than-expected third-quarter GDP data, a senior IMF official said on Wednesday,
Washington state sues to block Albertsons’ $4 bln payout to shareholders
Washington State Attorney General Bob Ferguson filed a lawsuit on Tuesday to block grocery chain Albertsons Cos Inc (ACI.N) from paying dividends to shareholders before