(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…
Yellen ‘open’ to visiting China, will seek deeper economic engagement
By Andrea Shalal FORT WORTH, Texas (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said she was “open” to…
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…