By Suzanne McGee (Reuters) -Charles Schwab & Co. said on Tuesday that high trading volumes and a technical issue with a key vendor triggered temporary outages on its trading platform on Monday, a[...]
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August 6, 2024
Instacart forecasts Q3 above estimates on higher fees, growing orders
(Reuters) – Instacart forecast its third-quarter gross transaction value and core profit above Wall Street estimates on Tuesday, betting on higher transaction and advertisement fees and more ord[...]
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Waymo to expand autonomous ride-hailing service areas in Los Angeles, San Francisco
(Reuters) – Alphabet’s Waymo is expanding its autonomous ride-hailing service areas in San Francisco and Los Angeles to cater to growing demand from customers, the company said on Tuesday.[...]
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Oil prices settle higher; signs of tighter supply end 3-day swoon
By Shariq Khan NEW YORK (Reuters) -Oil prices settled higher on Tuesday, bouncing off multi-month lows hit in the previous session, as investor attention turned to supply tightness and financial marke[...]
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New testimony shows Alaska Air crew feared passengers were lost in mid-air blowout
By Allison Lampert (Reuters) -Alaska Airlines flight attendants feared passengers had been sucked out of the plane in the chaos following the Jan. 5 mid-air panel blowout on a Boeing 737 MAX 9 jet, ac[...]
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Divided survey shows Mexico central bank likely to hold interest rate at 11%: Reuters poll
MEXICO CITY (Reuters) – The Bank of Mexico will likely hold its benchmark interest rate at 11% later this week, according to a majority of analysts in a Reuters poll on Tuesday, as inflation and[...]
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Citigroup whistleblower denied share of $400 million penalty
By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Tuesday said a Citigroup vice president was not entitled to a share of a $400 million civil fine that the bank agreed to pay i[...]
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PIMCO’s Ivascyn says US likely to avoid recession but warns of dire fiscal picture
By Davide Barbuscia NEW YORK (Reuters) – The U.S. economy is still on track for a soft landing despite signs of further weakening, but the country’s deteriorating fiscal profile is prompti[...]
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Uber’s second-quarter results beat on ride-sharing demand
By Yuvraj Malik (Reuters) -Uber’s second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, sending the company’s shar[...]
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