Category Archives:
US consumer prices increase solidly in April
WASHINGTON (Reuters) - U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially ensuri...
May 10, 2023
Icahn Enterprises shares slide on surprise quarterly loss
(Reuters) -Icahn Enterprises LP on Wednesday reported a surprise quarterly loss as volatility in markets hit returns on its investments, sending the shares of the company owned by billionaire Carl Ica...
May 10, 2023
Crypto firms call for global consensus instead of “fire hose” of rules
By Huw Jones LONDON (Reuters) - A "fire hose" of differing regulatory approaches to cryptoassets lack the global consensus needed to attract established investors that would create a maturer market, a...
May 10, 2023
Roblox quarterly loss widens on higher expenses, shares tank
(Reuters) -Roblox Corp posted a larger-than-expected quarterly loss on Wednesday, hurt by higher expenses to support the expansion of its business, sending the company's shares down 12% in premarket t...
May 10, 2023
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief
By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI (Reuters) - The political crisis engulfing Pakistan is eroding hopes that the South Asian country can get its much needed prog...
May 10, 2023
Pop duo Tvorchi to show Ukraine’s ‘Heart of Steel’ at Eurovision
By Sarah Mills LIVERPOOL, England (Reuters) - Tvorchi, Ukraine's electro pop-duo entry in Eurovision 2023, said they hoped to shine a spotlight on their country's fight for freedom when they perform i...
May 10, 2023
TikTok to delay launch of US shopping platform – WSJ
(Reuters) - Bytedance, TikTok's Chinese parent, has delayed the roll out of its shopping platform in the United States, according to a report by the Wall Street Journal on Wednesday, citing sources fa...
May 10, 2023
Biden restricts asylum access at Mexico border as Title 42 ends
By Ted Hesson and Kristina Cooke WASHINGTON (Reuters) - The U.S. will roll out a new regulation on Wednesday that would deny asylum to most migrants crossing the U.S.-Mexico border illegally, a key pa...
May 10, 2023
AI lending firm Upstart jumps as $2 billion funding news squeezes bears
(Reuters) - Shares of highly shorted Upstart Holdings jumped 32% in premarket trading on Wednesday, squeezing out bearish investors, after the artificial intelligence-driven lending marketplace secure...
May 10, 2023
CEO-led consortium to take Franchise Group private in $2.6 billion deal
(Reuters) - Vitamin Shoppe owner Franchise Group Inc would be taken private by a management group led by CEO Brian Kahn in a deal valued at about $2.6 billion, the company said on Wednesday. The conso...
May 10, 2023
Peoria, IL, USA
52 °F Overcast
