Author Archives: Syndicated Content
GM tempers 2022 outlook, sees operating profit of $13 billion to $15 billion
DETROIT (Reuters) -General Motors Co on Tuesday said it expects 2022 operating profit of $13 billion to $15 billion, citing an improving outlook for semiconductor chips used in its vehicles. The compa...
Feb 01, 2022
Starbucks misses comparable sales estimates on Omicron hit
(Reuters) - Starbucks Corp missed market estimates for quarterly same-store sales on Tuesday as rising COVID-19 infections during December and fresh curbs hampered a recovery in its fast-growing China...
Feb 01, 2022
Alphabet, Google beat sales estimates for holiday quarter
By Paresh Dave and Nivedita Balu (Reuters) -Alphabet Inc and its Google unit on Tuesday reported higher than expected fourth-quarter sales as the search giant's internet advertising and cloud computin...
Feb 01, 2022
Video game publisher Electronic Arts lowers annual adjusted sales forecast
(Reuters) - Electronic Arts Inc lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces the brunt of easing pandemic restrictions and...
Feb 01, 2022
Drought prompts Portugal to order hydropower dams to limit water use
LISBON (Reuters) - Facing a worrying winter drought, Portugal's government on Tuesday ordered some of the country's hydropower dams to temporarily limit water use for electricity production and irriga...
Feb 01, 2022
Explainer-What is Congress doing to strengthen U.S. election laws?
By David Morgan WASHINGTON (Reuters) - Democrats and Republicans in the U.S. Senate hope to prevent a repeat of the deadly Jan. 6 Capitol riot by reforming a 135-year-old election law laying out the r...
Feb 01, 2022
Hitchhiking in Earth’s orbit, asteroid may be with us for 4,000 years
By Will Dunham WASHINGTON (Reuters) - An asteroid that was discovered riding along in Earth's orbit is about three-quarters of a mile (1.2 km) wide and might remain as a hitchhiker with our planet for...
Feb 01, 2022
Bipartisan senator group urges U.S. EPA against retroactive cut to biofuel requirements
By Stephanie Kelly NEW YORK (Reuters) - A bipartisan group of U.S. farm-state lawmakers have urged the Environmental Protection Agency to eliminate a proposed retroactive cut to biofuel blending requi...
Feb 01, 2022
Earnings beats underwhelm as Wall Street looks for good news
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. earnings news has been less impressive this reporting season than in recent quarters, giving some investors another reason to worry after Wall Street...
Feb 01, 2022
Fed’s Bullard sees rate hikes now, then time to assess
By Ann Saphir (Reuters) - St. Louis Federal Reserve President James Bullard on Tuesday said he favors lifting rates at the U.S. central bank's meeting in March and likely again in May. But he pushed b...
Feb 01, 2022
