Author Archives: Syndicated Content
DoorDash raises annual core profit forecast on resilient delivery demand
By Granth Vanaik (Reuters) -DoorDash Inc raised its annual core profit forecast after beating quarterly revenue estimates on Thursday, helped by rising orders for food, groceries and convenience items...
May 04, 2023
Lyft’s second-quarter forecast disappoints, shares fall 13%
By Akash Sriram (Reuters) -Lyft Inc's forecast second-quarter revenue and core profit below estimates on Thursday amid tough competition from larger rival Uber, sending its shares down 13% in trading ...
May 04, 2023
Motor racing-Ocon says FIA and F1 apologised for Baku pitlane incident
MIAMI (Reuters) - Formula One and governing FIA have apologised for a dangerous pitlane incident at the end of last weekend's Azerbaijan Grand Prix in Baku, Alpine's Esteban Ocon said on Thursday. The...
May 04, 2023
Kellogg buys key ingredient from conflict-ridden Sudan but sees no shortage now – CEO
By Jessica DiNapoli NEW YORK (Reuters) - Kellogg Co, which makes Pop Tarts, sources a key food binding ingredient, gum arabic, from Sudan, now engulfed in a third week of violent conflict, CEO Steve C...
May 04, 2023
Blinken says Armenia and Azerbaijan make ‘tangible progress’ in peace talks
WASHINGTON (Reuters) - Azerbaijan and Armenia have made "tangible progress" towards reaching a consensus in talks over the past few days, U.S. Secretary of State Antony Blinken said on Thursday, addin...
May 04, 2023
U.S. State Department OKs potential sale of sonar system to Australia -Pentagon
WASHINGTON - The U.S. State Department has approved the potential sale of a sonar system and related equipment to Australia in a deal valued at up to $207 million, the Pentagon said on Thursday. The P...
May 04, 2023
Air France-KLM in talks with Apollo over 500 million euro cash injection
(Reuters) - Air France-KLM said on Thursday it had entered exclusive talks with private equity firm Apollo Global Management for a 500 million euro capital injection into an affiliate owning Engineeri...
May 04, 2023
Horse racing-Practical Move scratched from Derby due to elevated temperature
(Reuters) - Practical Move has been scratched from Saturday's Kentucky Derby due to an elevated temperature and will be replaced in the field by Cyclone Mischief, Churchill Downs said on Thursday. Pra...
May 04, 2023
Hollywood studios push back against striking writers’ claim of ‘gig’ workforce
By Lisa Richwine LOS ANGELES (Reuters) - The group representing Hollywood studios fired back on Thursday at claims from striking film and television workers that they have been forced into the "gig ec...
May 04, 2023
Conoco sees ‘light at end of the tunnel’ on Venezuela claims, CEO says
(Reuters) - U.S. oil and gas producer ConocoPhillips on Thursday said it sees "light at the end of the tunnel" in long-running claims for expropriation of its Venezuelan assets. Conoco has a more than...
May 04, 2023
