 | | | | Reflecting growing animosity across the United States toward Russia after its invasion of Ukraine, lawmakers in New Jersey's largest city have voted to suspend the licenses of gas stations branded with the name of a major oil company based in Moscow. | | | | | | Visa Inc will lower consumer credit interchange rates for small businesses in the United States by 10%, effective next month, to help merchants recovering from the COVID-19 pandemic, according to a document seen by Reuters on Thursday. | | | | | | Membership-only retail chain Costco Wholesale Corp beat Wall Street expectations for quarterly revenue on Thursday, as consumers returning to its stores splurged on high-margin items such as jewelry and home furnishing goods. | | | | | | Tesla Inc Chief Executive Officer Elon Musk said on Thursday he was inviting labor union United Auto Workers (UAW) to hold a vote at the electric carmaker's California factory. | | | | | | Chip company Broadcom Inc forecast second-quarter revenue above Wall Street estimates on Thursday, encouraged by strong demand from enterprise and cloud clients, and the ramp-up in 5G technology. | | | | | | Gap Inc on Thursday forecast annual earnings above estimates, betting on strong demand for jeans and shirts from its Old Navy and Athleta brands as a decline in Omicron cases encourage Americans to venture out more. | | | | | | Wall Street ended lower on Thursday, with growth stocks including Tesla and Amazon denting the Nasdaq, as the Ukraine crisis kept investors on edge. | | | | | | Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring commodity prices amid the Ukraine-Russia crisis but also potentially face high inflation that could hit short-term demand and slow down growth plans, analysts said. | | | | | | The current rally of U.S. grain and oilseed prices could help bolster American farm incomes this year, as Russia's invasion of Ukraine roils commodity markets over fears of massive disruption of exports from the Black Sea region, an economist for the Federal Reserve Bank of Chicago said Thursday. | | | | | | Travel booking software provider Sabre Corp said on Thursday it has terminated its distribution agreement with Aeroflot , hurting the Russian flag carrier's ability to sell tickets. | | | | | |
