Amazon projects quarterly revenue below estimates, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates, and shares fell sharply after…
Coinbase’s second-quarter revenue surges on crypto trading revival
(Reuters) -Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to…
Trump says he is against everyone having an electric car
CHICAGO (Reuters) – Republican presidential candidate Donald Trump said on Wednesday that he was against everyone having an electric car…
US airlines jump on the premium-seat bandwagon
By Rajesh Kumar Singh CHICAGO (Reuters) – Demand for high-end travel is booming, and U.S. carriers are in a rush…
CrowdStrike is sued by shareholders over huge software outage
By Jonathan Stempel (Reuters) – CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing…
Chipmaker Qualcomm forecasts upbeat revenue on smartphone strength, AI boost
(Reuters) – Qualcomm forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for high-end Android devices…
Exclusive-Blackstone in bid to acquire shopping center owner Retail Opportunity, sources say
By Anirban Sen (Reuters) – Private equity firm Blackstone is in early-stage talks to acquire Retail Opportunity Investments Corp (ROIC),…
World Bank approves $1 billion in financing for Ethiopia
(Reuters) – The World Bank said on Tuesday its board had approved a $1 billion credit for Ethiopia, as the…
P&G posts surprise sales drop as demand slows despite price restraint
By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) -Procter & Gamble posted a surprise drop in fourth-quarter sales, as the…
Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit
By Mike Scarcella and Jody Godoy (Reuters) -Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the…