Author Archives: Syndicated Content
Lyft’s operating profit surges on rideshare demand, hiring slowdown
By Nivedita Balu (Reuters) - Ride-hailing firm Lyft Inc on Thursday reported a record adjusted operating profit, benefiting from a surge in demand for rides and a dramatic slowdown in company-wide hir...
Aug 04, 2022
DoorDash hikes annual core growth outlook as delivery demand holds strong
(Reuters) -DoorDash Inc raised its annual target for a key industry metric on Thursday, betting that consumers would stick to ordering in even as decades-high inflation and a return to pre-pandemic li...
Aug 04, 2022
MP Materials profit more than doubles on higher rare earths prices
(Reuters) -Rare earths miner MP Materials Inc reported a better-than-expected quarterly profit on Thursday due to rising demand and prices for the materials used to make electric vehicles and a range ...
Aug 04, 2022
Air Lease quarterly profit rises on travel rebound
(Reuters) -Aircraft lessor Air Lease Corp on Thursday reported a rise in second-quarter profit as a rebound in travel drove demand for its jets. Airlines looking to capitalize on the faster-than-expec...
Aug 04, 2022
Beyond Meat cuts jobs, revenue expectation as plant-based boom fizzles out
(Reuters) -Beyond Meat Inc lowered its forecast for 2022 revenue on Thursday and said it would cut several jobs at a time when demand for its plant-based products is fizzling out in the United States....
Aug 04, 2022
White House says expects Russia to try and frame Ukraine for prison attack
(Reuters) - The United States expects Russian officials to try and frame Ukrainian forces for an attack on the front-line Ukrainian town of Olenivka that killed prisoners held by Moscow-backed separat...
Aug 04, 2022
Russia should accept ‘serious proposal’ related to Griner -White House
WASHINGTON (Reuters) - United States urges Russia to accept a "serious proposal" Washington made weeks ago for the return of U.S. basketball star Brittney Griner, national security spokesperson John K...
Aug 04, 2022
Lufthansa ground staff agree pay deal after strike
FRANKFURT (Reuters) - Ground staff of Germany's Lufthansa and management have reached a pay deal after a third round of negotiations, the Verdi labour union and the carrier said on Thursday. The pay d...
Aug 04, 2022
Explosion, multiple fatalities reported in Nebraska – state patrol
(Reuters) - Multiple fatalities were reported in Laurel, Nebraska, on Thursday after witnesses said they saw or heard an early morning explosion, the Nebraska State Patrol said in a Twitter message. (...
Aug 04, 2022
EU antitrust regulators quiz developers on Google app payments – sources
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators have asked app developers whether Alphabet unit Google's threat to remove apps from its Play Store if they use other payment options instea...
Aug 04, 2022
