Category Archives:
Snap misses revenue targets as growing competition slows growth, shares fall
By Sheila Dang (Reuters) -Snap Inc missed second-quarter revenue targets on Thursday as record-high inflation and increasing competition from rival apps like TikTok hurt advertising demand, but it rep...
Jul 21, 2022
Mattel results beat estimates as toy demand takes on inflation hit
By Ananya Mariam Rajesh and Uday Sampath Kumar (Reuters) -Mattel Inc beat estimates for quarterly sales and profit on Thursday as shoppers shrugged off higher prices to snap up the toymaker's action f...
Jul 21, 2022
France sees slower growth stalling deficit reduction in 2023
PARIS (Reuters) - French economic growth will slow sharply next year in the face of mounting geopolitical risks, pushing back improvement in the public sector budget deficit until afterwards, the Fina...
Jul 21, 2022
Ne-Yo wants to let the music speak for itself in new album ‘Self Explanatory’
NEW YORK (Reuters) - U.S. R&B singer Ne-Yo is letting his music speak for itself with the release of his eighth studio album "Self Explanatory," which came out last week. The three-time Grammy winner ...
Jul 21, 2022
Actor Amber Heard appeals ruling that she defamed ex-husband Johnny Depp
(Reuters) - Actor Amber Heard on Thursday filed to appeal a Virginia jury's decision last month that she defamed ex-husband Johnny Depp when she claimed in a newspaper opinion piece that she was a sur...
Jul 21, 2022
Drone sighting prompts brief halt to flights at Washington National
By David Shepardson (Reuters) - Officials halted flights into and out of Reagan Washington National Airport for about 13 minutes on Thursday after a drone sighting was reported, the Federal Aviation A...
Jul 21, 2022
Analysis-‘Unknowns’ delay Tesla’s ramp-up of its own cutting-edge batteries
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Tesla Inc is falling short of CEO Elon Musk's target to make its own next-generation batteries, sparking questions over the top electric car maker's ability to...
Jul 21, 2022
LVMH’s Bernard Arnault restructures holding for ‘long-term family control’
PARIS (Reuters) - French billionaire and LVMH chief Bernard Arnault has changed the legal structure of his family holding company Agache to a joint-stock partnership to ensure family control over LVMH...
Jul 21, 2022
Analysis-R.I.P. forward guidance: Inflation forces central banks to ditch messaging tool
By Sujata Rao and Dhara Ranasinghe LONDON (Reuters) - If the U.S. Federal Reserve killed off forward guidance in June, the European Central Bank may have just hammered the final nail in the coffin of ...
Jul 21, 2022
Alfa will not give financial backing to Axtel in spin-off -CFO
MEXICO CITY (Reuters) - Mexican conglomerate Alfa will not provide any financial guarantees to its telecommunications unit Axtel during the subsidiary's spin-off process, Alfa's top financial officer ...
Jul 21, 2022
Peoria, IL, USA
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