Conagra Brands Inc on Thursday forecast annual sales and profit below Wall Street estimates, in a sign that higher prices were starting to eat into demand for the Slim Jim beef jerky maker's frozen foods and other packaged meals.
Mitsubishi Motors' joint venture with China's Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs to try to revive its fortunes after sharp sales declines for sport utility vehicles (SUV) such as the Outlander.
Stellantis will build the new Jeep Compass, one of the carmaker's bestsellers in Europe, as the fifth model for its Melfi plant in southern Italy, two sources close to the matter told Reuters on Thursday.
The U.S. Federal Trade Commission has opened an investigation into OpenAI, the maker of ChatGPT, on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the Washington Post reported on Thursday.
A shift to remote working is likely to wipe off $800 billion from the value of office buildings in major global cities by 2030, according to a study published by consulting firm McKinsey on Thursday.
Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024 season after heavy rains battered and flooded farms in the world's top cocoa-producing nation in recent weeks, the head of the country's cocoa sector regulator told Reuters.
Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for the renewable energy revolution, with steps such as cuts in energy costs, speeded-up permit approvals and other incentives.
Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a million electric vehicles, the Times of India reported on Thursday, citing government sources.
Amazon.com was hit with a complaint on Wednesday for refusing to bargain with a New York workers' union, a spokesperson for the National Labor Relations Board (NLRB) said.
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