By Siddharth Cavale and Aishwarya Venugopal
(Reuters) - A positive forecast from retail bellwether Walmart on Thursday signaled a resilient U.S. shopper, in line with earlier remarks by one of its key suppliers and one of its retail rivals.
American shoppers are opening their wallets, spending money on bargain-priced goods in stores and online, with many people turning to Walmart's delivery service for convenience, Walmart executives... (continue reading...)
By Will Dunham
(Reuters) - Humans are not alone in the use of tools. Chimpanzees, for instance, crack nuts with stones and use sticks to get at tasty termites. Dolphins are known to employ sponges to protect their beaks while foraging. And a Galapagos Islands finch uses cactus spines to dig grubs out of holes.
Sea otters also are members of the animal kingdom's tool-wielding club. And a new study offers a fuller understanding of the tool... (continue reading...)
By David Lawder
WASHINGTON (Reuters) - The International Monetary Fund will start a new Ukraine mission in coming weeks to assess the war-torn country's $15.6 billion loan program and latest economic developments there amid stepped up Russian military pressure, IMF spokesperson Julie Kozack said on Thursday.
The loan review mission also will revise the IMF's analysis of Ukraine's debt sustainability, Kozack said. That assessment will... (continue reading...)
(Reuters) - Spirit AeroSystems is laying off several hundred members of its workforce in Wichita, Kan., according to a media report Thursday citing internal documents, as the company deals with high debt and slowed production at Boeing, its key customer.
“The recent slowdown in the delivery rate on commercial programs compels a reduction to our workforce in Wichita,” spokesman Joe Buccino said. “In the coming weeks, we will inform affected... (continue reading...)
GRUENHEIDE, Germany (Reuters) - Tesla got the go-ahead for an expansion of its German factory in Gruenheide near Berlin from the local council on Thursday despite protests against the U.S. electric vehicle maker's plans.
The green light from the Gruenheide council is just the first in a series of hurdles Tesla needs to clear before being able to start its expansion to add logistical spaces including a train station. The expansion must also be approved... (continue reading...)
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