(Reuters) -U.S. railroad operator Union Pacific reported its second-quarter profit above Wall Street estimates on Thursday, as strong pricing and increased volumes more than offset reduced fuel surcha[...]
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July 25, 2024
Warner Bros Discovery drops after failing to renew NBA broadcasting rights
(Reuters) – Warner Bros Discovery shares fell more than 4% in U.S. premarket trading on Thursday, after the media giant failed to renew broadcasting rights for the NBA games, fueling investor co[...]
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US weekly jobless claims fall more than expected
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits fell more than expected last week as distortions from the weather and temporary automobile plant[...]
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Coinbase UK unit fined for breaching financial crime requirements
By Huw Jones LONDON (Reuters) -A Coinbase business in Britain has been fined for breaching a regulatory agreement to improve its defences against financial crime, in the first sanction of its kind in[...]
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Grab no longer buying Trans-cab, Singapore watchdog says
SINGAPORE (Reuters) – Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore’s third-largest taxi operator, Trans-ca[...]
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Valero Energy beats estimates, but second-quarter profit falls on weak margins
By Sourasis Bose (Reuters) -Refiner Valero Energy reported lower second-quarter profit on Thursday, but managed to beat earnings estimates as strong processing volumes offset a slump in margins. The c[...]
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Stellantis ready to axe brands and fix US problems, CEO says
By Giulio Piovaccari, Gilles Guillaume and Nick Carey MILAN (Reuters) – Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe unde[...]
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Power company PG&E beats second-quarter profit estimates on higher rates
(Reuters) – Power company PG&E Corp beat second-quarter profit estimates on Thursday, helped by higher service rates. The company has benefited from increased electricity rates after the Cal[...]
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Ether set for biggest daily fall in three months, no US ETF bounce
LONDON (Reuters) – Cryptocurrency ether dropped as much as 7% on Thursday as it got caught up in the broad market sell-off and failed to get a lift from this week’s launch of the first U.S[...]
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