Author Archives: Syndicated Content
Visa's profit rises on strong consumer spending
(Reuters) - Visa reported a rise in its second-quarter profit on Tuesday, as consumers shrugged off worries of a broad economic slowdown and continued to spend on dining out and travel. U.S. consumer ...
Apr 23, 2024
Analog chipmaker Texas Instruments forecasts quarterly revenue above estimates
(Reuters) - Chipmaker Texas Instruments forecast second-quarter revenue above Wall Street estimates on Tuesday, as consumer electronics demand improved after months of declines, more than offsetting t...
Apr 23, 2024
Toymaker Mattel's quarterly loss smaller than expected as cost cuts pay off
By Granth Vanaik (Reuters) - Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys and ...
Apr 23, 2024
Russian-installed officials say four dead in Ukraine drone attack in Zaporizhzhia region
(Reuters) - Emergency services in Russian-held parts of Ukraine's Zaporizhzhia region said a Ukrainian drone strike on Tuesday killed four people in a car north of the town of Melitopol. The officials...
Apr 23, 2024
US calls on Iraq to safeguard US troops after new attacks
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) - The U.S. military called on Iraq's government on Tuesday to take steps to safeguard American troops in both Iraq and Syria after failed attacks a ...
Apr 23, 2024
Soccer-Canadian women to host Mexico twice before title defence at Paris Olympics
(Reuters) - The Canadian women's soccer team will play two matches against CONCACAF rivals Mexico on home soil in June before turning their focus to the Paris Olympics where they will look to successf...
Apr 23, 2024
Column-Has Wall Street peaked too early this year?: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - History suggests Wall Street's recent 5% mini-correction won't be its last this year, but stocks face potentially higher earnings and interest rate hurdl...
Apr 23, 2024
Tesla to lay off more than 3,000 employees in California, notices show
(Reuters) - Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and Retraining Notification (WARN) notices on Monday. (Reporting by Akash Sriram...
Apr 23, 2024
Exclusive-US defense contractor L3Harris to cut 5% of workforce to save costs, email shows
By Utkarsh Shetti, Nathan Gomes and Mike Stone (Reuters) - U.S. defense contractor L3Harris Technologies Inc will cut 5% of its workforce this year as part of a cost saving measure, CEO Chris Kubasik ...
Apr 23, 2024
Foreigners add net $32.7 billion to EM portfolios in March -IIF
By Rodrigo Campos NEW YORK (Reuters) - Foreigners added about $32.7 billion to their emerging market portfolios in March, a fifth consecutive month of overall foreign net flows to EMs, the Institute o...
Apr 23, 2024
