Category Archives:
Emerson Electric to exit Russia; posts higher first-qtr profit
(Reuters) - Diversified manufacturer Emerson Electric Co said on Wednesday that it would exit its business in Russia, adding that it would explore strategic options to divest Metran, its subsidiary in...
May 04, 2022
White House to boost support for quantum technology while boosting cybersecurity
By Jarrett Renshaw (Reuters) - The White House on Wednesday will announce a slate of measures to support quantum technology in the United States while laying out steps to boost cybersecurity to defend...
May 04, 2022
Taco Bell parent Yum Brands misses quarterly sales estimates
(Reuters) - Taco Bell parent Yum Brands Inc missed Wall Street estimates for quarterly comparable sales on Wednesday, as industry-wide supply chain shortfalls and staffing pressures bit into the compa...
May 04, 2022
Analysis-U.S. real rates up on hawkish Fed but inflation risk looms
By Davide Barbuscia NEW YORK (Reuters) - A jump in U.S. real yields back into positive territory is a sign that a hawkish Federal Reserve is succeeding in tightening some financial conditions, but the...
May 04, 2022
New York Times misses quarterly revenue estimates
(Reuters) -The New York Times Co reported first-quarter revenue on Wednesday that missed analysts' estimates, hurt by slowing digital subscriptions growth at a time when competing online news platform...
May 04, 2022
Moderna keeps full-year COVID vaccine sales view unchanged
(Reuters) - Moderna Inc on Wednesday maintained the full-year sales forecast for its COVID-19 vaccine at $21 billion, as cases fall and demand slackens after countries rushed to secure shots last year...
May 04, 2022
Uber says doesn’t need to pay drivers more, forecasts profit ahead of Wall Street
By Tina Bellon (Reuters) - Uber Technologies Inc on Wednesday beat expected operating earnings and forecast a strong second quarter, saying it had no need to offer extra incentives to boost its driver...
May 04, 2022
Wizz Air loses court challenge against TAROM rescue aid
By Philip Blenkinsop BRUSSELS (Reuters) - Hungarian low-cost airline Wizz Air on Wednesday lost its court challenge against 36.66 million euros ($38.60 million) of rescue aid Romanian carrier TAROM re...
May 04, 2022
Regeneron quarterly profit drops as COVID antibody sales hit
(Reuters) -Regeneron Pharmaceuticals reported a 13% fall in quarterly profit on Wednesday, as sales of its COVID-19 antibody cocktail were hit by the U.S. health regulator's decision to limit its use....
May 04, 2022
Loblaw revenue misses estimates on easing demand for groceries, essentials
(Reuters) - Canadian retailer Loblaw Cos Ltd missed Wall Street estimates for first-quarter revenue on Wednesday, signaling that pandemic-led demand for groceries and drugs were waning from its peak. ...
May 04, 2022
Tue May 12
Peoria, IL, USA
14°CClear
