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Theater chain AMC falls 8% on worries of slower box-office recovery
(Reuters) - AMC Entertainment Holdings Inc's shares fell 8% in premarket trading after the company's results underscored fears that theater-going would not return to pre-pandemic levels anytime soon a...
Syndicated Content Mar 01, 2023
Lilly to cut insulin prices by 70% from fourth quarter
(Reuters) - Eli Lilly and Co said on Wednesday it would reduce prices by 70% for its most commonly prescribed forms of insulin. The U.S. drugmaker said the reduced prices for its branded insulin injec...
Syndicated Content Mar 01, 2023
Russian internet speeds drop on hardware shortage, research finds
By Alexander Marrow MOSCOW (Reuters) - Russian mobile internet speeds dropped in regions outside Moscow in February, research from news and analysis firm Telecom Daily showed on Wednesday, as the depa...
Syndicated Content Mar 01, 2023
EV startups from Lucid to Rivian see demand fade, supply chain issues linger
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) - U.S. electric vehicle startups are seeing an unsettling trend, with demand evaporating as potential customers look for deals or hold off on pu...
Syndicated Content Mar 01, 2023
Investors pull around $6 billion out of Binance’s stablecoin
By Elizabeth Howcroft LONDON (Reuters) - Binance's stablecoin, Binance USD, has seen around $6 billion of outflows following a U.S. regulatory crackdown on the company that issues the token, according...
Syndicated Content Mar 01, 2023
Trump-backed SPAC Digital World to appeal Nasdaq delisting notice
(Reuters) - Digital World Acquisition Corp, a blank-check firm that is to merge with former U.S. President Donald Trump's social media platform, said on Wednesday it will file an appeal against a Nasd...
Syndicated Content Mar 01, 2023
Turkey fines TikTok 1.75 million lira for weak data protection measures
ISTANBUL (Reuters) - Turkish authorities have fined TikTok 1.75 million lira ($93,000) for not taking sufficient measures to protect users from unlawful processing of their data, the Personal Data Pro...
Syndicated Content Mar 01, 2023
Bank of Mexico’s Mejia says pace of rate hikes could slow down
MEXICO CITY (Reuters) - Omar Mejia, recently appointed deputy governor of Mexico's central bank, said on Wednesday the institution could consider slowing the pace of raising its key interest rate and ...
Syndicated Content Mar 01, 2023
U.S. mortgage interest rates remain at highest level since November – MBA
(Reuters) - The average interest rate on the most popular U.S. home loan remained last week at its highest level since November as stronger-than-expected readings on inflation, job gains and consumer ...
Syndicated Content Mar 01, 2023
Kohl’s forecasts annual profit below estimates as demand slumps
(Reuters) - Kohl's Corp forecast full-year profit below analysts' estimates on Wednesday, squeezed by dwindling demand for clothing and accessories at the department store chain as consumers tighten t...
Syndicated Content Mar 01, 2023
Peoria, IL, USA
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