Older workers helped fuel recent U.S. growth. Can it last?

Older workers helped fuel recent U.S. growth. Can it last?
MILWAUKEE, Wis. (Reuters) – As a record-breaking economic expansion nears the decade mark, people like Marty Groth may determine whether it is forced into a lower gear. Patrick McHugh lectures to an information technology class at the Milwaukee Area Technical College in Milwaukee, Wisconsin, U.S., March 28, 2019. REUTERS/Howard Schneider Not long ago, the 60-year-old Groth found himself out of... Read More

Walgreens, Rite Aid to sell tobacco products to customers above 21 years

Walgreens, Rite Aid to sell tobacco products to customers above 21 years
FILE PHOTO: A sign rests on a counter at a Walgreens pharmacy store in Austin, TX, U.S., March 26, 2018. REUTERS/Mohammad Khursheed (Reuters) – Drugstore retailers Walgreens Boots Alliance Inc and Rite Aid Corp said on Tuesday they would sell tobacco products to customers who are at least 21 years old, amid a crackdown on teenage tobacco use. U.S. Senate... Read More

Trump, Twitter CEO chat at White House after fresh attack on social media giant

Trump, Twitter CEO chat at White House after fresh attack on social media giant
FILE PHOTO: U.S. President Donald Trump attends the 2019 White House Easter Egg Roll on the South Lawn of the White House in Washington, U.S., April 22, 2019. REUTERS/Shannon Stapleton WASHINGTON (Reuters) – U.S. President Donald Trump met with Twitter Inc’s Chief Executive Jack Dorsey on Tuesday, hours after attacking the social media company over his claims it is biased... Read More

S&P 500, Nasdaq hit record closing highs on upbeat earnings

S&P 500, Nasdaq hit record closing highs on upbeat earnings
NEW YORK (Reuters) – The S&P 500 index and the Nasdaq registered record closing highs after a broadbased rally on Tuesday, as a clutch of better-than-expected earnings reports eased concerns about a slowdown. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 23, 2019. REUTERS/Brendan McDermid In Tuesday’s trading the benchmark index... Read More

Coke Zero Sugar, new flavors lift Coca-Cola results; shares rise

Coke Zero Sugar, new flavors lift Coca-Cola results; shares rise
(Reuters) – Strong demand for Coca-Cola Co’s zero-calorie drink Coke Zero Sugar, new orange-vanilla cola and flavored waters pushed the beverage maker’s quarterly sales and profit well above Wall Street estimates, sending its shares up as much as 3 percent on Tuesday. FILE PHOTO: Cans of Coca-Cola are pictured in the refrigerator during an event in Paris, France, March 21,... Read More

Coke Zero, new flavors lift Coca-Cola results; shares rise

Coke Zero, new flavors lift Coca-Cola results; shares rise
(Reuters) – Strong demand for Coca-Cola Co’s low-calorie Coke Zero, new orange-vanilla cola and flavored waters pushed the beverage maker’s quarterly sales and profit well above Wall Street estimates, sending its shares up 2.2 percent on Tuesday. FILE PHOTO: Cans of Coca-Cola are pictured in the refrigerator during an event in Paris, France, March 21, 2019. REUTERS/Benoit Tessier The world’s... Read More

S&P 500 flirts with record high on upbeat earnings

S&P 500 flirts with record high on upbeat earnings
(Reuters) – The S&P 500 was within striking distance of its all-time high on Tuesday as better-than-expected results from Twitter and a host of industrial companies eased concerns about slowing corporate profits. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 23, 2019. REUTERS/Brendan McDermid The benchmark was just 0.4% away from... Read More