Category Archives:
US sharply raises shale oil drilling count but not output forecast
By Stephanie Kelly NEW YORK (Reuters) - U.S. oil producers were much more active last year in the prolific Permian Basin than the Energy Information Administration previously thought, the agency said ...
May 17, 2023
Synopsys sees Q3 revenue above estimates as AI drives upbeat results
(Reuters) - Synopsys Inc on Wednesday forecast third-quarter profit above Wall Street estimates after posting upbeat second-quarter results as increased use of artificial intelligence and automation b...
May 17, 2023
World’s oldest near-complete Hebrew Bible sells for $38.1 million
By Aleksandra Michalska and Christine Kiernan NEW YORK (Reuters) - The world's oldest and most complete Hebrew Bible sold for $38.1 million on Wednesday, Sotheby's said, one of the highest prices ever...
May 17, 2023
U.S. FTC expands probe into pharmacy benefit managers
(Reuters) -The U.S. Federal Trade Commission said on Wednesday it had sought information from two companies that negotiate drug rebates on behalf of pharmacy benefit managers (PBMs) as part of its pro...
May 17, 2023
China’s Gong Li: Michelle Yeoh’s success encourages Asian actors
CANNES (Reuters) - Gong Li, one of China's best actors, told Reuters on Wednesday that Michelle Yeoh's recent success at the Oscars and Golden Globes was particularly encouraging for Asian actors. "Si...
May 17, 2023
Brazil’s StoneCo beats profit expectations, sees further revenue growth
SAO PAULO (Reuters) - Brazilian financial tech firm StoneCo on Wednesday posted a better-than-expected first-quarter profit, while also predicting further revenue growth for the second quarter. The fi...
May 17, 2023
State makes another big Rainy Day Fund deposit
SPRINGFIELD, Ill. – Illinois’ Rainy Day Fund has another record-setting infusion of cash. Comptroller Susana Mendoza says the fund now has $1.73 billion in it after another $150 million st...
May 17, 2023
Cisco raises full-year profit forecast
(Reuters) -Cisco Systems Inc on Wednesday raised its full-year profit forecast, betting that demand will stay strong for its networking infrastructure even in a slowing economy. The company now expect...
May 17, 2023
Take-Two beats adjusted sales estimates on higher gaming demand
(Reuters) -Take-Two Interactive Software Inc on Wednesday beat Wall Street estimates for fourth-quarter adjusted sales on strong demand for legacy titles "NBA 2K" and "Grand Theft Auto", sending the v...
May 17, 2023
Software company New Relic in talks to be sold – WSJ
(Reuters) - Private-equity firms Francisco Partners and TPG are working together on a $5 billion-plus bid to acquire software company New Relic, the Wall Street Journal reported on Wednesday, citing p...
May 17, 2023
Peoria, IL, USA
35 °F Sunny
