WASHINGTON (Reuters) - U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid. Nonfarm productivity, which measures hourly output per worker, ...

(Reuters) -Auto parts supplier Aptiv Plc on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor. Under the agreement, Aptiv will not be required to fund the ...

(Reuters) - Pop-Tarts maker Kellanova beat Wall Street estimates for first-quarter sales and profit on Thursday, boosted by higher prices and firm demand for its breakfast cereals and ready-to-eat snacks. The Rice Krispies maker's shares were up ...

By Steven Scheer JERUSALEM (Reuters) - Israeli cyber security start-up Apex, which focuses on protecting the rapid use of artificial intelligence (AI) tools, said on Thursday it received an undisclosed investment from OpenAI Chief Executive Sam ...

WASHINGTON (Reuters) - The Federal Trade Commission said on Thursday it prevented former Pioneer Natural Resources CEO Scott Sheffield from serving on Exxon Mobil's board of directors as it resolves antitrust concerns about Exxon's bid to buy the ...

BENGALURU (Reuters) - Indian IT company Coforge reported a marginally smaller-than-expected fourth-quarter revenue on Thursday amid overall tepid tech spending from clients. WHY IT'S IMPORTANT India's $254 billion IT sector has been struggling ...

By Sarupya Ganguly BENGALURU (Reuters) - A rallying U.S. dollar will stand resolute and may even trade more strongly than predicted in coming months if the policies of the Federal Reserve and other major central banks diverge, according to FX ...

(Reuters) - Howmet Aerospace on Thursday raised its full-year profit and revenue forecasts and said it would raise its quarterly dividend by two cents per share thanks to robust demand for its engine products and fastening systems. Shares of the ...

(Reuters) - Xylem raised its annual profit forecast on Thursday on the back of strong demand for its water and waste-water treatment products and services. The company now expects 2024 adjusted profit between $4.10 and $4.25 per share, compared ...

(Reuters) - Industrial technology solutions provider Ametek beat estimates for first-quarter profit on Thursday, as it benefited from a boom in the aerospace and defense sectors. Robust air travel demand and simmering geopolitical tensions have ...