Category Archives:
The Chernin Group leads $263 million investment in Funko
(Reuters) - The Chernin Group, an investment firm known for backing emerging media, commerce and technology industries, announced on Thursday that it will lead a consortium making a $263 million inves...
May 05, 2022
U.S. Chief Justice Roberts calls abortion draft leak ‘appalling’
By Rich McKay ATLANTA (Reuters) - U.S. Chief Justice John Roberts on Thursday decried as "absolutely appalling" the leak of a draft decision indicating the Supreme Court is poised to overturn the cons...
May 05, 2022
U.S. rains unlikely to help smallest Oklahoma wheat crop since 2014
CHICAGO (Reuters) - Rains this week in the U.S. Plains arrived too late to help much of the winter wheat in Oklahoma, the No. 2 U.S. producer of the grain, where farmers will soon begin harvesting the...
May 05, 2022
EOG Resources profit more than doubles, dividend raised on soaring oil prices
(Reuters) - U.S. shale producer EOG Resources Inc said on Thursday its first-quarter profit more than doubled and raised its dividend, as the Ukraine crisis pushed oil prices to multi-year highs. The ...
May 05, 2022
ARK Innovation Fund drops nearly 9% during market selloff
NEW YORK (Reuters) - Star stock picker Cathie Wood's ARK Innovation fund dropped nearly 9% on Thursday as concerns about rising inflation and slowing growth sent the benchmark S&P 500 down nearly 3.6%...
May 05, 2022
U.S. travel industry, airlines urge end to predeparture COVID-19 testing rule
WASHINGTON (Reuters) - Major airlines, business and travel groups and other companies urged the White House on Thursday to abandon COVID-19 pre-departure testing requirements for vaccinated internatio...
May 05, 2022
EV maker Lucid to raise prices for most models from June
(Reuters) -Electric carmaker Lucid Group Inc on Thursday raised prices for most models from June as it deals with rising raw materials costs, but said it would honor current reservations in a move to ...
May 05, 2022
Block swings to quarterly loss as bitcoin boost fades
(Reuters) - Block Inc, the payments company led by Jack Dorsey, on Thursday reported a loss for the first quarter as demand for bitcoin softened due to a decline in cryptocurrency prices. Net loss att...
May 05, 2022
Air Lease posts quarterly loss on charges from jets stranded in Russia
(Reuters) - Air Lease Corp on Thursday reported a quarterly loss after the aircraft lessor recorded a previously announced $802.4 million charge on jets stranded in Russia. The company reported net lo...
May 05, 2022
DoorDash raises 2022 core growth target; eases driver shortage concern
(Reuters) - DoorDash Inc raised its full-year forecast for a key industry metric on Thursday, saying it has largely skirted labor woes that have plagued most sectors to ensure seamless delivery of foo...
May 05, 2022
Peoria, IL, USA
65 °F Sunny
