Category Archives:
Kinder Morgan misses profit estimates as interest costs rise
(Reuters) -Pipeline and terminal operator Kinder Morgan on Wednesday posted lower-than-expected profit for the third quarter as higher interest expenses offset strength in its natural gas and products...
Oct 18, 2023
Netflix raises prices as it adds 9 million subscribers
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix raised subscription prices for some of its streaming plans in the United States, Britain and France on Wednesday as it shattered ne...
Oct 18, 2023
Mexican fintech Stori looks to lure new savers with higher yields
By Valentine Hilaire MEXICO CITY (Reuters) - Mexican financial startup Stori on Wednesday began offering a savings account with the unusually high yield of 15%, a senior executive told Reuters, in a s...
Oct 18, 2023
Meta shareholder lawsuit over user privacy revived by appeals court
By Jody Godoy (Reuters) - A shareholders' proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook users' data in 2017 and 2018 was revived by a U.S. appeals court o...
Oct 18, 2023
Tesla slightly misses estimates on margin, sticks to production goal
By Hyunjoo Jin and Akash Sriram (Reuters) - Tesla's third-quarter gross margin shrank from a year earlier, slightly missing Wall Street estimates, as the electric automaker slashed prices to boost dem...
Oct 18, 2023
Meta to roll out broadcast channels to Facebook, Messenger
(Reuters) -Meta Platforms said on Wednesday it will roll out broadcast channels, a feature for public distribution of messages from individuals, to Facebook and Messenger. Social media firms are bring...
Oct 18, 2023
Banks report continued pain on commercial real estate loans
By Matt Tracy (Reuters) - A number of U.S. banks saw continued pain in the third quarter on delinquent commercial real estate (CRE) loans in their portfolios, as stress in the sector persists. Buildin...
Oct 18, 2023
Deutsche Bahn to announce deal to sell Arriva to I Squared on Thursday -sources
FRANKFURT (Reuters) - Deutsche Bahn plans to announce on Thursday the sale of its international transport business Arriva to Miami-based infrastructure investor I Squared Capital, sources told Reuters...
Oct 18, 2023
U.S. court upholds Nasdaq board diversity rule
By Jody Godoy (Reuters) - A U.S. appeals court upheld Nasdaq's board diversity rule on Wednesday, requiring companies listed on the exchange to have women and minority directors on their boards or exp...
Oct 18, 2023
Brazil grain exporters re-route some cargos as drought drains Amazonian rivers
By Roberto Samora and Ana Mano SAO PAULO (Reuters) - Severe drought in the Amazon is forcing Brazilian grain exporters to divert a small number of export cargos to southern port terminals instead of n...
Oct 18, 2023
Peoria, IL, USA
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