Category Archives:
Costco misses revenue estimates as shoppers curb non-essential spending
(Reuters) -Costco Wholesale Corp missed estimates for quarterly revenue on Thursday as its customers cut back on non-essential purchases in the face of persistently high inflation, sending its shares ...
May 25, 2023
Two US citizens dead after catching meningitis in Mexico hospital
MEXICO CITY (Reuters) - Two U.S. citizens died after contracting meningitis while getting treatment in a hospital in the northern Mexican border city of Matamoros, authorities said on Thursday, as the...
May 25, 2023
Chipmaker Marvell Technology beats revenue estimates on AI boom
(Reuters) -Marvell Technology Inc surpassed Wall Street targets for first-quarter revenue on Thursday, helped by demand for its chips that support artificial intelligence (AI) technology. Shares of th...
May 25, 2023
Gap posts smaller first-quarter loss on easing costs, restructuring
By Katherine Masters (Reuters) - Gap Inc on Thursday reported a smaller first-quarter loss than a year earlier, benefiting from the company's restructuring efforts and easing supply chain costs. Share...
May 25, 2023
JPMorgan says former US Virgin Islands first lady sought visas for Jeffrey Epstein victims
By Jonathan Stempel (Reuters) - JPMorgan Chase & Co on Thursday unveiled new accusations that the U.S. Virgin Islands was complicit in Jeffrey Epstein's sex crimes, including that a former first lady ...
May 25, 2023
US credit default swaps flash default warning and speculators rush in
By Shankar Ramakrishnan and Nell Mackenzie (Reuters) - A measure of U.S. default risk is flashing red as talks over the government's debt ceiling drag on, with speculation driven by the lure of a quic...
May 25, 2023
Biden lauds leadership skills of his pick for top US general
WASHINGTON (Reuters) - Praising his leadership and even his culinary skills, President Joe Biden on Thursday formally announced his nomination of Air Force chief General Charles Q. Brown as the top U....
May 25, 2023
Ford CEO says China main EV rival, not GM, Toyota
By David Shepardson (Reuters) - Ford Motor Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its main rivals in the sector, but the company has hurdles competing on cost at a smal...
May 25, 2023
Fire at apartment building Thursday in North Peoria
PEORIA, Ill. – No one was injured after a fire at a three-story apartment building in North Peoria on Thursday. The Peoria Fire Department says the call for the fire at West Marigold Dr. and Nor...
May 25, 2023
Explainer-What would happen to a Treasury after default? Six key questions
By Karen Brettell (Reuters) - The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't act to lift the debt ceiling before it is reached, which could happen as soon as Jun...
May 25, 2023
Peoria, IL, USA
44 °F Mist
