Category Archives:
Electronic Arts forecasts sales below estimates as pandemic boom fades
(Reuters) - Electronic Arts Inc on Tuesday forecast first-quarter adjusted sales below estimates, bracing for weaker sales of its "Battlefield 2042" title and a slowdown in lockdown-fueled demand. The...
May 10, 2022
Crypto exchange Coinbase revenue drops 35% as retail interest slows
(Reuters) -Coinbase Global Inc reported a 35% drop in revenue for the first quarter on Tuesday as extreme market volatility drove investors to scale back their exposure to risky assets, crimping tradi...
May 10, 2022
Roblox quarterly bookings miss estimates
(Reuters) -Roblox Corp missed estimates for quarterly bookings on Tuesday, as demand for its online games waned with kids returning to school after pandemic curbs ease. Easing of restrictions and a re...
May 10, 2022
Investigators: Navin Jones’ half brother did not die of SIDS in 2007
PEORIA, Ill. — We’re learning much more today about an old infant death case that is linked to the mother who now stands accused of killing her 8-year-old son here in Peoria. This is in re...
May 10, 2022
Analysis-Aircraft lessors gird to battle insurers over Russia jet default
By Padraic Halpin, Conor Humphries and Tim Hepher DUBLIN (Reuters) - Lessors with hundreds of jets stuck in Russia are preparing for what one said would be a "vigorous" pursuit of insurance claims whi...
May 10, 2022
Mester: MBS sales could mean market losses for Fed
By Howard Schneider AMELIA ISLAND, Fla. (Reuters) - If the Federal Reserve sells any of its holdings of mortgage backed securities it may have to do so at a loss, Cleveland Federal Reserve bank Presid...
May 10, 2022
British man charged in New York with hacking into bank computers, stealing millions
By Jonathan Stempel NEW YORK (Reuters) - A British man has been criminally charged in New York with stealing money from investors' accounts by hacking into email servers and computers belonging to U.S...
May 10, 2022
Elon Musk says Tesla open to buying a mining company
By Ernest Scheyder (Reuters) -Tesla Inc is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, C...
May 10, 2022
Fed’s Mester: Will need “compelling” drop of inflation to slow rate hikes
By Howard Schneider AMELIA ISLAND, Fla. (Reuters) - Inflation will need to show a "compelling" slowdown before the Federal Reserve can consider pausing its interest rate increases, Cleveland Federal R...
May 10, 2022
Apple to pull the plug on iPod after 20 years
(Reuters) - Apple Inc is discontinuing the iPod more than 20 years after the device became the face of portable music and kickstarted its meteoric evolution into the world's biggest company. The iPod ...
May 10, 2022
Peoria, IL, USA
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