Category Archives:
Proud Boys member pleads guilty to obstructing police at U.S. Capitol riot
By Jan Wolfe WASHINGTON (Reuters) - A member of the far-right Proud Boys group on Wednesday pleaded guilty to obstructing police officers when he joined the Jan. 6, 2021, attack on the U.S. Capitol by...
Apr 27, 2022
Amgen says IRS seeks billions in back taxes, shares fall 4%
By Deena Beasley (Reuters) -Amgen Inc on Wednesday said the U.S. Internal Revenue Service (IRS) is seeking additional back taxes of $5.1 billion, plus interest and penalties, related to the drugmaker'...
Apr 27, 2022
PayPal cuts annual profit view as macroeconomic challenges mount
(Reuters) - PayPal Holdings Inc lowered its full-year profit view on Wednesday, signaling that payments volumes at the company could take a hit from surging inflation and the conflict in Ukraine. The ...
Apr 27, 2022
Ford posts first-quarter loss, maintains full-year profit outlook on strong pricing
DETROIT (Reuters) - Ford Motor Co on Wednesday maintained its profit forecast for the year, citing strong pricing for its vehicles. The automaker reported a net loss of $3.1 billion for the first quar...
Apr 27, 2022
Mattel blows past sales estimates as retailers load up on Barbies, Hot Wheels
By Uday Sampath Kumar and Deborah Mary Sophia (Reuters) - Mattel Inc beat Wall Street estimates for quarterly sales on Wednesday, extending a strong run since the pandemic, as retailers restocked the ...
Apr 27, 2022
Biden to limit his time at White House correspondents dinner to avoid COVID exposure
WASHINGTON (Reuters) - U.S. President Joe Biden will limit how much time he spends at the White House Correspondents Association annual dinner on Saturday as he works to limit his potential exposure t...
Apr 27, 2022
Qualcomm forecasts upbeat revenue as diversification bet pays off
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Qualcomm Inc forecast third-quarter revenue above analyst expectations after beating second quarter revenue and profit estimates on Wednesday, largely due...
Apr 27, 2022
Pinterest tops revenue expectations on ad spending boost
(Reuters) -Pinterest Inc topped market estimates for first-quarter revenue and profit on Wednesday as the image-sharing platform benefited from higher ad spending by businesses, sending its shares 9% ...
Apr 27, 2022
Facebook parent Meta records slowest quarterly revenue growth in 10 years
(Reuters) - Facebook parent Meta Platforms Inc on Wednesday recorded its slowest revenue growth in a decade, singed by advertisers trimming marketing budgets in the face of global economic growth unce...
Apr 27, 2022
Hertz foresees strong summer rental demand, beats Wall Street expectations
By Tina Bellon (Reuters) - Hertz Global Holdings Inc new chief executive on Wednesday said he expects Americans' pent-up desire for a summer vacation to lead to continued strong rental car demand desp...
Apr 27, 2022
Peoria, IL, USA
53 °F Clear
