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Akamai Technologies forecasts upbeat third-quarter revenue, profit
(Reuters) - Akamai Technologies forecast third-quarter revenue and profit above Wall Street estimates on Tuesday, helped by strong demand for its cloud security services amid growing risks of cyber th...
Syndicated Content Aug 08, 2023
PE firm KKR acquires $373 million portfolio of Synovus Bank’s prime auto loans
(Reuters) - Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans from Synovus Bank. Shares of Synovus Financial, the parent company of the bank, rose 2...
Syndicated Content Aug 08, 2023
Wework raises going-concern doubt, shares tank
(Refiles to add media packaging code) (Reuters) - WeWork Inc on Tuesday raised "substantial" doubt about its ability to continue as a going concern, sending its shares down 19% in extended trading. (R...
Syndicated Content Aug 08, 2023

Fire does damage to several vehicles on a tow truck lot
PEORIA, Ill. – A fire in a vehicle at a tow truck company’s lot apparently did minimal damage. That’s according to Peoria Firefighters, who say they saw thick black smoke at first co...
Will Stevenson Aug 08, 2023
Google makes emergency request to block Texas antitrust lawsuit move
By Diane Bartz WASHINGTON (Reuters) - Google asked a U.S. appeals court in New York on Tuesday to pause a decision to return an antitrust lawsuit filed by the state of Texas back to federal court in T...
Syndicated Content Aug 08, 2023

A man is sentenced to 20-plus years in federal prison for meth distribution
PEORIA, Ill. – One of five people arrested on federal drug charges last year will be spending the next several decades in prison. A federal judge in Peoria Monday sentenced Juan Bernal, 54, to 2...
Will Stevenson Aug 08, 2023
Disney’s ESPN inks $2 billion deal with Penn to launch sports betting business
(Reuters) - Walt Disney's ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the brand ESPN Bet, the two companies said on Tuesday. Under the terms,...
Syndicated Content Aug 08, 2023
Starbucks must rehire fired union supporters, US appeals court rules
By Daniel Wiessner (Reuters) - A U.S. appeals court on Tuesday rejected Starbucks Corp's challenge to a ruling requiring the coffee chain to rehire seven employees at a Memphis, Tennessee, store who w...
Syndicated Content Aug 08, 2023
US Fed clarifies process for banks to transact in stablecoins
(Reuters) - State banks that are a member of the U.S. Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used ...
Syndicated Content Aug 08, 2023
Quotes- U.S. bank stocks slide after Moody’s ratings downgrade
By Nupur Anand NEW YORK (Reuters) - U.S. bank shares slid on Tuesday after Moody's downgraded several small to mid-sized banks and said it may revise the credit ratings of some of the nation's biggest...
Syndicated Content Aug 08, 2023
Peoria, IL, USA
54 °F Sunny
