Category Archives:
Zoom raises annual profit forecast on demand for video-conferencing services
(Reuters) -Zoom Video Communications Inc on Monday raised its annual profit forecast, betting on resilient demand for its video-conferencing service as more businesses transform to a hybrid work model...
Nov 21, 2022
Dell quarterly profit jumps on higher server demand, lower costs
(Reuters) - Dell Technologies Inc posted a 68% rise in quarterly operating profit on Monday, as strong demand for servers and network equipment cushioned weak PC sales and easing supply-chain pressure...
Nov 21, 2022
Penguin Random House scraps $2.2 billion deal to merge with Simon & Schuster
WASHINGTON (Reuters) - Penguin Random House, the world's largest publisher, and rival Simon & Schuster have scrapped a $2.2 billion deal to merge, Penguin owner Bertelsmann said in a statement. Bertel...
Nov 21, 2022
U.S. Senate to hold FTX hearing on Dec. 1, CFTC chairman to testify
(Reuters) - The U.S. Senate Agriculture Committee on Thursday said it will hold a hearing on Dec. 1 to examine the sudden collapse of FTX, one of the world's biggest crypto exchanges. FTX filed for ba...
Nov 21, 2022
Fed’s Mester says she supports smaller rate hike in December
(Reuters) -The Federal Reserve can downshift to smaller interest rate hike increments from next month as it fine-tunes its policy actions to help bring down high inflation while keeping the economy hu...
Nov 21, 2022
U.S. Supreme Court takes up Jack Daniel’s dog toy trademark rumpus
By Blake Brittain WASHINGTON (Reuters) - The U.S. Supreme Court on Monday decided to referee a dog fight, agreeing to hear a bid by liquor brand Jack Daniel's to stop a company that sells dog toys fro...
Nov 21, 2022
Factbox-What’s at stake in Georgia’s U.S. Senate runoff?
WASHINGTON (Reuters) - For the second time in less than two years, a U.S. Senate race in Georgia will go to a runoff, this time between incumbent Democrat Raphael Warnock and his Donald Trump-backed c...
Nov 21, 2022
Vehicle plows into Boston-area Apple store, killing at least one person
(Reuters) - A sports utility vehicle crashed into an Apple retail store near Boston on Monday morning, killing one person and sending at least 16 others to the hospital, authorities and local media sa...
Nov 21, 2022
DraftKings says login information of some customers compromised
(Reuters) - Sports-betting firm DraftKings Inc said on Monday login information of some customers was compromised on other websites. DraftKings said it had identified less than $300,000 of customer fu...
Nov 21, 2022
U.S. business equipment borrowings grew 6% in October- ELFA
(Reuters) - U.S. companies borrowed 6% more in October to finance equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Monday. The...
Nov 21, 2022
Peoria, IL, USA
45 °F Overcast
