Finance

Prosus-owned iFood buys stake in Brazil’s CRMBonus

Prosus-owned iFood buys stake in Brazil’s CRMBonus

SAO PAULO (Reuters) -Brazilian food delivery platform iFood, owned by Dutch investment group Prosus, said in a statement on Tuesday it has taken a 20% stake in technology company CRMBonus. The de...

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Job openings slide in June as hiring rate hits 7-month low

Job openings slide in June as hiring rate hits 7-month low

Job openings declined in June while hiring also decreased, according to government data released Tuesday. The report comes as investors closely watch for any signs of slowing in the labor market a...

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Food distributor Sysco beats quarterly expectations as US demand improves

Food distributor Sysco beats quarterly expectations as US demand improves

-Packaged and fresh food distributor Sysco beat analysts’ estimates for fourth-quarter revenue and profit on Tuesday, helped by improvement in its U.S. operations. The company, which suppli...

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BC-Merc Table

BC-Merc Table

CHICAGO (AP) — Early trading on the Chicago Mercantile Exchange Tuesday: Open High Low Last Chg. Aug 25 227.88 227.95 226.90 226.95 -.93 Oct 25 224.60 2...

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Spotify stock slides on Q2 earnings loss, weaker forecast after record rally

Spotify stock slides on Q2 earnings loss, weaker forecast after record rally

Spotify (SPOT) stock slip around 8% shortly after the opening bell on Tuesday after the audio giant posted a second quarter loss, missed revenue expectations, and issued softer guidance for reven...

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Candy giant Mars to invest $2 billion more in US manufacturing through 2026

Candy giant Mars to invest $2 billion more in US manufacturing through 2026

(Reuters) -Candy and snacks giant Mars on Tuesday announced plans to invest $2 billion more in its U.S. operations through next year to bolster the company’s ongoing efforts to expand manuf...

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