Business

Instacart forecasts key quarterly metrics above estimates as demand strengthens

Thursday, August 6 by SRN News

Aug 6 (Reuters) - Instacart forecast third-quarter gross transaction value and core profit above analysts' estimates on Thursday, as consumers increasingly embrace the convenience of online grocery deliveries and pursue deals in a tough spending environment. Faced with sticky inflation and broader macroeconomic uncertainties, shoppers... Read More.

Exclusive-Deutsche hires Liu from Bank of America as global head of TMT, sources say

Thursday, August 6 by SRN News

By Milana Vinn and Svea Herbst-Bayliss NEW YORK, Aug 6 (Reuters) - Deutsche Bank has hired a former top Bank of America technology banker as its global head of Technology, Media & Telecommunications, sources familiar with the matter told Reuters. Ed Liu, whose departure from Bank... Read More.

In a post-pandemic world, job candidates feel caught between suits and hoodies

Thursday, August 6 by SRN News

NEW YORK (AP) - The matching blazer and pants Dani McEwen wore to a job interview at an insurance company felt like a smart choice, until she noticed most of the employees had on T-shirts and jeans. "The first thing that went through my mind... Read More.

Protein coffee brand Javvy explores sale, sources say

Thursday, August 6 by SRN News

By Abigail Summerville NEW YORK, Aug 6 (Reuters) - Functional beverage brand Javvy, known for its protein coffee powders, is exploring a sale that could value it at around $1 billion, as demand for protein-rich products grows among consumers, especially those taking GLP-1 weight-loss drugs,... Read More.

Bank of America’s co-head of investment banking Mike Joo to leave firm, memo says

Thursday, August 6 by SRN News

By Saeed Azhar NEW YORK, Aug 6 (Reuters) - Bank of America's co-head of investment banking, Mike Joo, is leaving the firm for an external opportunity, according to an internal memo seen by Reuters, in one of the most high-profile departures at the second-biggest U.S.... Read More.

Jalapeños linked to a US salmonella outbreak are tracked to a Mexican farm and a distributor

Thursday, August 6 by SRN News

NEW YORK (AP) - Jalapeño peppers linked to a multistate salmonella outbreak have been traced back to a grower in Sinaloa, Mexico, federal officials say. At least 345 people in 27 states have been reported getting sick from the salmonella strain linked to the jalapeños.... Read More.

Romania rushes to sink 4 barges in the Danube to keep a nuclear power plant’s second reactor running

Thursday, August 6 by SRN News

BUCHAREST, Romania (AP) - Romania raced on Thursday to sink four barges laden with rock into the Danube River in an attempt to redirect water downstream toward a nuclear power plant, to buy more time before its second reactor is likely forced offline due... Read More.

Mortgage rates rise for 5th straight week, hitting levels not seen since 2025 for 2nd week in a row

Thursday, August 6 by SRN News

CHICAGO (AP) - The average long-term U.S. mortgage rate rose for a fifth consecutive week to its highest level in just over a year, marking the latest strain for prospective homebuyers who are facing steep borrowing costs. The benchmark 30-year fixed rate mortgage rate rose... Read More.

Kellogg says it’s removing artificial dyes from cereals by the end of this year

Thursday, August 6 by SRN News

WK Kellogg said Thursday that it will remove artificial colors from all its cereals by the end of this year. The change comes a year ahead of schedule. Kellogg said last August that it would remove synthetic dyes from its cereals by the end of... Read More.

Current Weather

Instacart forecasts key quarterly metrics above estimates as demand strengthens

Exclusive-Deutsche hires Liu from Bank of America as global head of TMT, sources say

In a post-pandemic world, job candidates feel caught between suits and hoodies

Protein coffee brand Javvy explores sale, sources say

Bank of America’s co-head of investment banking Mike Joo to leave firm, memo says

Jalapeños linked to a US salmonella outbreak are tracked to a Mexican farm and a distributor

Romania rushes to sink 4 barges in the Danube to keep a nuclear power plant’s second reactor running

Mortgage rates rise for 5th straight week, hitting levels not seen since 2025 for 2nd week in a row

Kellogg says it’s removing artificial dyes from cereals by the end of this year

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