Business

Microsoft capital spending jumps, revenue fails to impress, shares drop after hours

Microsoft capital spending jumps, revenue fails to impress, shares drop after hours

By Deborah Mary Sophia, Aditya Soni and Stephen Nellis Jan 28 (Reuters) - Microsoft's capital expenditures hit a record high…

January 29, 2026

Stocks retreat from record high, dollar higher after Fed keeps rates steady

By Chuck Mikolajczak NEW YORK, Jan 28 (Reuters) - Global stocks were on pace to snap a five-session streak of…

January 29, 2026

S&P 500 holds losses after Fed keeps rates steady as expected

By Sinéad Carew and Pranav Kashyap Jan 28 (Reuters) - The S&P 500 held its losses on Wednesday after the…

January 29, 2026

Petrobras renews oil deals with Indian refiners worth more than $3.1 billion

SAO PAULO, Jan 28 (Reuters) - Brazil's state-run oil firm Petrobras said on Wednesday it has expanded and renewed oil…

January 29, 2026

Threat to Fed's independence boosts economic uncertainty, says Bank of Canada head

By David Ljunggren and Promit Mukherjee OTTAWA, Jan 28 (Reuters) - The threat to the independence of the U.S. Federal…

January 28, 2026

Bank of Canada holds rates, says threat to Fed independence adds to uncertainty

By Promit Mukherjee and David Ljunggren OTTAWA, Jan 28 (Reuters) - The Bank of Canada on Wednesday held its policy…

January 28, 2026

Bank of Canada holds rates, says hard to predict future moves

By Promit Mukherjee and David Ljunggren OTTAWA, Jan 28 (Reuters) - The Bank of Canada on Wednesday held its policy…

January 28, 2026

Google to pay $135 million to settle Android data transfer lawsuit

By Jonathan Stempel Jan 28 (Reuters) - Google will pay $135 million to settle a proposed class action by smartphone…

January 28, 2026

S&P 500 crosses 7,000 points for the first time, lifted by AI optimism

Jan 28 (Reuters) - The S&P 500 breached the 7,000-point mark for the first time on Wednesday, driven by unrelenting…

January 28, 2026

Wells Fargo cuts reliance on big proxy advisers with in-house system

By Manya Saini Jan 28 (Reuters) - Wells Fargo's wealth and investment management unit launched an internal proxy voting service…

January 28, 2026