Category Archives:
Martin Shkreli-founded drug company files for bankruptcy
By Dietrich Knauth NEW YORK (Reuters) - Vyera Pharmaceuticals, which previously settled price-fixing charges that resulted in founder Martin Shkreli being banned from the pharmaceutical industry, file...
May 10, 2023
Beyond Meat reports smaller quarterly loss on cost cuts, higher demand
(Reuters) -Beyond Meat reported a smaller quarterly loss on Wednesday, benefiting from easing supply chain pressures, cost control measures and higher demand for its plant-based meat products, sending...
May 10, 2023
Disney cuts streaming losses, resurgent parks boost results
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Walt Disney Co reduced losses in its streaming media unit by more than $400 million from the prior quarter, the company said on Wednesday ...
May 10, 2023
Robinhood revenue surges as higher rates bolster interest income
(Reuters) - Robinhood Markets Inc reported a 47% jump in its first-quarter revenue on Wednesday, as the U.S. Federal Reserve's rapid rate hikes boosted the online brokerage's interest income. Higher i...
May 10, 2023
Nordstrom names Target veteran Cathy Smith as CFO
(Reuters) -Nordstrom Inc on Wednesday named former Target Corp CFO Cathy Smith as its new finance chief. Smith will take over from interim Nordstrom CFO Michael Maher on May 29. The U.S. retailer gets...
May 10, 2023
State’s Attorney explains conviction in ‘bodyless murder’ case
PEORIA, Ill. – She calls it a “first of its kind” conviction for her office — a man convicted of murder, while the body hasn’t been found. Peoria County State’s Att...
May 10, 2023
Future ECB rate moves will be “more marginal”, says Villeroy
PARIS (Reuters) - The European Central Bank has travelled most of the way in its campaign to raise interest rates, French ECB policymaker Francois Villeroy de Galhau said on Wednesday, adding that fur...
May 10, 2023
Airbnb’s gloomy forecast weighs on hotel, airline stocks
By Chibuike Oguh NEW YORK (Reuters) - A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on Wednesday as an expected slowdown in bookings signaled an impending slump i...
May 10, 2023
City Council approves land purchase for potential future parking
PEORIA, Ill. – There could be some more apartments, and more parking, in Peoria’s Warehouse District at some point in the future. The Peoria City Council voted Tuesday night to purchase tw...
May 10, 2023
Feinstein says she will work a lighter schedule on return to U.S. Senate
By Moira Warburton WASHINGTON (Reuters) - U.S. Democratic Senator Dianne Feinstein said on Wednesday she is ready to resume her duties but with a lighter schedule, after missing nearly three months du...
May 10, 2023
Peoria, IL, USA
42 °F Overcast
