An outage at Amazon's cloud computing unit was gradually easing on Monday, after disrupting many online services offered by banks, social media companies and businesses. ...

French IT group Atos reported a sharp drop in quarterly revenue on Monday, owing to key contract losses, and said it would only target acquisitions from 2026. ...

Core Insights - Kroger plans to hire over 18,000 associates for the upcoming holiday season, which is approximately 7,000 fewer than the previous year [1] Company Summary - The hiring initiative is part of Kroger's preparation for the busy holiday season [1] - The reduction in hiring numbers indicates a strategic adjustment compared to last year's staffing levels [1] Industry Context - The grocery sector is gearing up for increased demand during the holiday season, which typically sees a surge in consumer spending [1]

Core Viewpoint - The discount of Prompt Brent crude futures to the six-month contract has reached its deepest level since December 2023, indicating a perception of ample supply as OPEC+ and other producers increase output [1] Group 1 - The discount for Prompt Brent crude futures reflects market sentiment regarding supply levels [1] - The current situation suggests that OPEC+ and other producers are ramping up their output [1]

Core Viewpoint - Some Wall Street analysts believe the Federal Reserve will end its long-standing effort to reduce its balance sheet by the end of the month [1] Group 1 - Analysts are anticipating a shift in the Federal Reserve's policy regarding its balance sheet [1]

Core Point - Pizza Hut UK is set to close 68 restaurants and 11 delivery sites, leading to the loss of 1,210 jobs, following the administration of the company managing its British venues [1] Company Summary - The company behind Pizza Hut's UK operations has entered administration, prompting significant closures and job losses [1] - The closures include both dine-in restaurants and delivery sites, indicating a substantial reduction in operational capacity [1] Industry Summary - The news reflects ongoing challenges within the restaurant industry, particularly for major chains like Pizza Hut, as they navigate financial difficulties and changing consumer behaviors [1]

Kenvue has urged U.S. regulators to reject a request for a warning of autism on its popular over-the-counter pain medication Tylenol for use during pregnancy, according to a petition. ...

Core Insights - Apple shares reached an all-time high, indicating strong investor confidence and market performance [1] - The company is on the verge of becoming the third entity to achieve a $4 trillion market valuation, highlighting its significant market presence [1] - Recent data indicates robust momentum for the latest iPhone model, contributing to the surge in share prices [1] Company Performance - Apple shares surged to an all-time high on Monday [1] - The company is close to a $4 trillion market valuation [1] - Strong momentum for the latest iPhone has been reported [1]

A little-known California real estate investor behind bad loans disclosed by Zions Bancorp and Western Alliance also faces lawsuits by Banc of California and two other lenders, with his involvement in... ...

Workers at Italian units of French luxury group Kering will stage a four-hour strike on Tuesday, unions said, citing what they said was the company's unwillingness to engage in dialogue over issues su... ...