Author Archives: Syndicated Content
Carvana’s net loss widens on cooling used car demand
(Reuters) - Carvana Co said on Thursday its net loss rose over nine-fold in the fourth quarter hurt by shrinking demand for pre-owned vehicles, sending its shares down 5% in extended trade. The debt-l...
Feb 23, 2023
Mexico’s Televisa posts Q4 net loss of 13.75 billion pesos
MEXICO CITY (Reuters) -Grupo Televisa, Mexico's largest broadcaster, reported on Thursday a net loss in the fourth quarter of 13.75 billion pesos, hurt by losses related to TelevisaUnivison and declin...
Feb 23, 2023
Families appeal decision on Boeing 737 MAX crashes plea deal
(Reuters) - Relatives of people killed in two Boeing 737 MAX crashes asked a U.S. appeals court to reverse a decision by a judge in Texas rejecting a bid to reopen or reject the planemaker's January 2...
Feb 23, 2023
Utah, other states sue Wall Street regulator over new proxy rule
(Reuters) - A group of four conservative-leaning U.S. states is challenging a new rule from Wall Street's top regulator that requires certain investment funds to reveal more about how they vote on sha...
Feb 23, 2023
Paw Paw firefighter remembered as a father and devoted volunteer
PAW PAW, MI (WKZO AM/FM) — A Paw Paw firefighter who lost his life from a fallen power line while responding to Wednesday night’s ice storm on February 22 has been described as a devoted v...
Feb 23, 2023
Dorsey-led Block’s revenue rises as consumers shrug off inflationary pressures
(Reuters) -Block Inc reported mixed fourth-quarter results on Thursday as payment volumes at the fintech giant led by Jack Dorsey held up against a tough economic backdrop, but depressed prices of cry...
Feb 23, 2023
Latam’s MercadoLibre’s net profit rises, fueled by fintech arm
SAO PAULO (Reuters) - South American e-commerce giant MercadoLibre Inc on Thursday reported a fourth-quarter net profit of $164.7 million; up from the loss it posted in the same period last year, foll...
Feb 23, 2023
Booking Holdings says quarterly revenue up 36% on strong travel demand
By Doyinsola Oladipo NEW YORK (Reuters) -Online travel agency Booking Holdings Inc said on Thursday it set a new record in January for monthly room night bookings, with travelers booking vacations fur...
Feb 23, 2023
Warner Bros Discovery posts quarterly loss after restructuring charges
(Reuters) - Warner Bros Discovery Inc on Thursday posted a $2.1 billion loss in its fourth quarter, reflecting ongoing charges related to the restructuring of the merged media companies. The company r...
Feb 23, 2023
U.S. Justice Dept accuses Google of evidence destruction in antitrust case
By Mike Scarcella (Reuters) - U.S. Justice Department lawyers say that Alphabet Inc's Google destroyed internal corporate communications and have asked a federal judge to sanction the company as part ...
Feb 23, 2023
