SANTIAGO (Reuters) - A strike at mining giant BHP's huge Escondida mine in Chile entered its third day on Thursday, bolstering global copper prices as an ongoing standoff between the company and workers starts to spread worries about supply of the red metal. BHP and the worker union held an initial meeting on Wednesday in a bid to defuse the...

Advanced Micro Devices, Inc. ( AMD ) shares are trading higher by 3.2% to $145.30 Thursday morning. The stock is rising after two key economic reports released Thursday that signal a stronger-than-expected economic recovery and potential benefits for the technology sector. U.S. retail sales data for July exceeded expectations, with a robust 1% month-over-month increase, rebounding from June's stagnation. This...

11:15 AM EDT, 08/15/2024 (MT Newswires) -- Hyatt Hotels ( H ) said Thursday it has appointed Kinsey Wolf as chief accounting officer, effective immediately. Wolf has served as the company's vice president of Americas finance since August 2023, the company said in a filing with the US Securities and Exchange Commission. Hyatt Hotels ( H ) shares were up...

11:22 AM EDT, 08/15/2024 (MT Newswires) -- XPO (XPO) is again exploring a sale of its European transportation business, almost two years since the logistics firm shelved an attempt to divest the unit, Bloomberg reported late Wednesday, quoting unnamed sources familiar with the situation. XPO has hired advisers and is sounding out potential buyers for the unit, the report said,...