U.S. regional bank stocks volatile as investors eye Fed meet – Quotes

(Reuters) – Shares of major U.S. regional banks were volatile on Wednesday, after two straight sessions of declines following the collapse of the third U.S. lender and investors looked ahead to the Federal Reserve’s commentary at its policy meeting. The central bank is widely expected to raise its benchmark interest rate by another 25 basis …

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Garmin tops quarterly revenue estimates on growth in aviation, marine units

(Reuters) – Smartwatch and navigation equipment maker Garmin Ltd topped first-quarter revenue estimates on Wednesday, boosted by strong growth in its businesses catering to the aviation and marine industries. Garmin’s diversified business is helping the company navigate a downturn in spending from recession-wary consumers, which pushed down sales at its outdoor unit – the biggest …

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“Máquinas de plagio”: La IA enfrenta a guionistas y estudios sobre el futuro de Hollywood

Por Dawn Chmielewski y Lisa Richwine LOS ÁNGELES (Reuters) – Los guionistas de Hollywood llevan décadas escribiendo guiones de ciencia ficción en los que las máquinas se apoderan del mundo. Ahora luchan para que los robots no les quiten el trabajo. El Sindicato de Guionistas de Estados Unidos (WGA, por sus siglas en inglés) quiere …

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Thailand in talks with CATL, others on potential battery plants, govt official says

By Devjyot Ghoshal BANGKOK (Reuters) – Thailand is in talks with China’s CATL and other battery makers to build production facilities in Southeast Asia’s second-largest economy that has ambitions to become a regional EV production hub, a government official said. These discussions come as Thailand, a regional autos hub, pushes to become a key player …

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Emerson Electric raises fiscal 2023 outlook on strong demand

(Reuters) – U.S. engineering and industrial software firm Emerson Electric Co on Wednesday raised its fiscal 2023 outlook and reported better-than-expected quarterly earnings, on the back of strong demand for its automation systems in a tight labor market. Shares of the company were up 2.1% in premarket trading. The firm has benefited from companies worldwide …

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Haleon is not losing ground to cheaper rivals, says CFO

By Natalie Grover LONDON (Reuters) -Despite price increases, Haleon’s roster of consumer health products have largely kept cheaper private-label competition at bay, Haleon chief financial officer Tobias Hestler said on Wednesday. The world’s biggest standalone consumer health company, comprising assets from GSK and Pfizer, sells non-prescription drugs, vitamins and oral care products and reported quarterly …

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