(Reuters) -No. 1 U.S. auto retailer AutoNation Inc reported first-quarter results that topped Wall Street estimates on Thursday, boosted by robust demand for used vehicles as consumer preference for personal transportation remained high despite surging vehicle prices.
Stellantis' Citroen announced on Thursday the end of its C4 Grand SpaceTourer model, drawing a line under 30 years of minivans that embodied the brand's family image now overshadowed by SUVs.
Makers of chocolate bars and coffee to lawn mowers and industrial robots were succeeding in passing on soaring costs to consumers, first-quarter earnings showed on Thursday, allaying fears higher prices could dent demand for their products.
Bond markets suffered another sharp sell-off on Thursday as investor bet on aggressive global interest rate hikes, while the euro climbed after French President Emmanuel Macron bolstered his weekend re-election hopes in a heated TV debate.
(Reuters) -Humana Inc said on Thursday it would sell a 60% interest in its hospice business, Kindred at Home, for $2.8 billion to private investment firm Clayton, Dubilier & Rice.
Philip Morris International Inc cut its full-year earnings forecast on Thursday, hurt by the pullback of its Russian operations, higher costs and a sluggish recovery in its Asian duty-free business.
U.S. stock index futures rose on Thursday as heavyweight Tesla surged on strong results and United Airlines predicted a surprise profit in its current quarter, boosting shares of other carriers.
China receives US equipment to make advanced chips despite new rules - report
China receives US equipment to make advanced chips despite new rules-report
U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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