By Laila Kearney NEW YORK (Reuters) – Oil settled lower for a fifth straight session on Thursday as traders shrugged…
Carvana shares rebound almost 30%, attracts new watchers on StockTwits
(Reuters) – Shares of Carvana Co rebounded nearly 30% on Thursday, erasing some of the previous day’s deep losses inflicted…
Costco quarterly results miss as demand weakens, costs jump
(Reuters) -Costco Wholesale Corp reported first-quarter results on Thursday that missed analysts’ estimates, with surging inflation pushing consumers to cut…
Cuba and French telecoms operator Orange begin work on subsea cable to Martinique
HAVANA (Reuters) – Cuba said on Thursday it had begun work with French telecoms operator Orange on an underwater cable…
United Airlines, Boeing set to announce major 787 order -sources
WASHINGTON (Reuters) – United Airlines plans to announce a major Boeing 787 Dreamliner order next week, two sources briefed on…
Senators Warren, Smith ask Fed for accounting of banks’ crypto ties
(Reuters) – U.S. Senators Elizabeth Warren and Tina Smith are demanding an accounting from the Federal Reserve and other U.S.…
Marketmind: Markets eye China PPI, CPI
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese producer and…
Fired Amazon organizer loses bid to revive race bias lawsuit
By Daniel Wiessner (Reuters) – A U.S. appeals court on Thursday declined to revive claims that Amazon.com Inc fired New…
Stocks rise on hope of revived China demand, oil slips
By Herbert Lash NEW YORK (Reuters) -World stocks rose and oil prices initially rebounded on Thursday on hopes that China’s…
Broadcom forecasts current-quarter revenue above estimates on cloud strength
(Reuters) – Broadcom Inc forecast current-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for chips used in…