Category Archives:
Verizon plans to turn on around 2,000 5G towers in February -sources
WASHINGTON (Reuters) - Verizon Communications Inc plans to turn on around 2,000 additional towers in February to expand 5G C-Band deployment after talks with U.S. regulators, sources said. The U.S. Fe...
Syndicated Content Feb 01, 2022
Nike/Louis Vuitton sneakers by Abloh beating auction estimates
By Alicia Powell NEW YORK (Reuters) - Bids for 200 pairs of Nike/Louis Vuitton "Air Force 1" sneakers designed by Virgil Abloh are running well beyond Sotheby's initial estimates in an auction with a ...
Syndicated Content Feb 01, 2022
AMD forecasts annual revenue above estimates, shares surge
(Reuters) -Advanced Micro Devices forecast full-year revenue above expectations on Tuesday, as it looks to overcome global supply snags to meet strong demand for chips used in gaming consoles and data...
Syndicated Content Feb 01, 2022
PayPal profit misses estimates as growth slows
(Reuters) -PayPal Holdings Inc on Tuesday narrowly missed Wall Street estimates for quarterly profit, as the online payments firm failed to match up to its blistering pace of growth a year earlier, se...
Syndicated Content Feb 01, 2022
GM tempers 2022 outlook, sees operating profit of $13 billion to $15 billion
DETROIT (Reuters) -General Motors Co on Tuesday said it expects 2022 operating profit of $13 billion to $15 billion, citing an improving outlook for semiconductor chips used in its vehicles. The compa...
Syndicated Content Feb 01, 2022
Starbucks misses comparable sales estimates on Omicron hit
(Reuters) - Starbucks Corp missed market estimates for quarterly same-store sales on Tuesday as rising COVID-19 infections during December and fresh curbs hampered a recovery in its fast-growing China...
Syndicated Content Feb 01, 2022
Alphabet, Google beat sales estimates for holiday quarter
By Paresh Dave and Nivedita Balu (Reuters) -Alphabet Inc and its Google unit on Tuesday reported higher than expected fourth-quarter sales as the search giant's internet advertising and cloud computin...
Syndicated Content Feb 01, 2022
Video game publisher Electronic Arts lowers annual adjusted sales forecast
(Reuters) - Electronic Arts Inc lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces the brunt of easing pandemic restrictions and...
Syndicated Content Feb 01, 2022
Explainer-What is Congress doing to strengthen U.S. election laws?
By David Morgan WASHINGTON (Reuters) - Democrats and Republicans in the U.S. Senate hope to prevent a repeat of the deadly Jan. 6 Capitol riot by reforming a 135-year-old election law laying out the r...
Syndicated Content Feb 01, 2022
Bipartisan senator group urges U.S. EPA against retroactive cut to biofuel requirements
By Stephanie Kelly NEW YORK (Reuters) - A bipartisan group of U.S. farm-state lawmakers have urged the Environmental Protection Agency to eliminate a proposed retroactive cut to biofuel blending requi...
Syndicated Content Feb 01, 2022

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