Gap Reports Fourth Quarter Earnings Today
The Gap Inc reports its fourth quarter earnings today outlining sales performance and profitability. Company officials are expected to discuss revenue trends, cost management, and outlook for 2024 amid fashion retail competition.
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Data hints at possible faster tightening pace
The statement notes no decision yet but suggests that if the overall data supported it, the central bank would be prepared to accelerate rate hikes. It emphasizes readiness to adjust policy if needed.
Pipeline Order Demands TC Energy Review of Keystone Hazards
The order targets TC Energy's management programs for the Keystone pipeline amid recurring failures and shifting soil. It requires a two month independent review on geologic hazards and potential land movement effects, with reports on welding quality and a full cost estimate of cleanup, while the EPA maintains a 543 000 gallon spill figure and the firm projects 480 million dollars in related costs.
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