By Lewis Krauskopf, Johann M Cherian and Shreyashi Sanyal NEW YORK (Reuters) – Major U.S. stock indexes closed over 1%…
Snap swings to quarterly net loss, expects lower Q1 rev; shares fall
By Sheila Dang (Reuters) -Snap Inc on Tuesday said current quarter revenue could decline by as much as 10%, sending…
Oreo maker Mondelez tops quarterly estimates as snack demand holds up
By Deborah Mary Sophia and Aatrayee Chatterjee (Reuters) – Mondelez International Inc topped market expectations for quarterly results on Tuesday,…
Traders see inflation falling this year – JPMorgan survey
By Naomi Rovnick LONDON (Reuters) – Most traders believe global inflation has peaked, while potential recession has emerged as the…
GM to help Lithium Americas develop Nevada’s Thacker Pass mine
By Ernest Scheyder (Reuters) -General Motors Co will invest $650 million in Lithium Americas Corp and help it develop Nevada’s…
My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
By Nate Raymond BOSTON (Reuters) – The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than…
Biden White House, McCarthy dig in ahead of debt meeting
By Trevor Hunnicutt and David Morgan WASHINGTON (Reuters) – U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy…
Tinder gets swiped left as Match’s forecast disappoints
By Vansh Agarwal and Shreyaa Narayanan (Reuters) -Match Group Inc on Tuesday forecast first-quarter revenue below expectations after Tinder, the…
Crypto lender Celsius propped up its token, benefiting insiders -U.S. bankruptcy examiner
By Rae Wee, Elizabeth Howcroft, Alun John and Dietrich Knauth SINGAPORE/LONDON (Reuters) -Bankrupt crypto lender Celsius Network used investor money…
Tokyo booms for shareholder-relations advisers as activists raise pressure
By Makiko Yamazaki TOKYO (Reuters) – A rising wave of shareholder activism has turned Tokyo into a growth market for…