Freight trucks are driven on the Fisher freeway in Detroit, Michigan March 27, 2009. REUTERS/Rebecca Cook/File PhotoAug 1 (Reuters) – Creditors led by Apollo Global Management Inc (APO.N) are nearing a deal to provide Yellow Corp (YELL.O) with fresh cash during a coming bankruptcy, Bloomberg News reported, citing people familiar with the matter.Shares of Yellow… […]
Aug 1 (Reuters) – Starbucks (SBUX.O) missed market expectations for quarterly comparable sales on Tuesday, with demand for its coffees and cold drinks showing some signs of tapering in the North American and international markets even as China sales rebounded sharply.The world’s largest coffeehouse chain has targeted its younger, wealthier U.S. customer base by launching… […]
The home page of the Cloudzy internet service provider is seen in this photo illustration taken in Washington, U.S., July 31, 2023. REUTERS/Raphael Satter/IllustrationAug 1 (Reuters) – An obscure cloud service company has been providing state-sponsored hackers with internet services to spy on and extort their victims, a cybersecurity firm said in a report to… […]
[1/2]The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri/File PhotoAug 1 (Reuters) – A U.S. congressional committee on China is investigating asset management giant BlackRock (BLK.N) and index provider MSCI (MSCI.N), saying they were facilitating investments into blacklisted Chinese companies,… […]
WASHINGTON, Aug 1 (Reuters) – U.S. auto safety regulators said Tuesday they have opened an investigation into 280,000 new Tesla (TSLA.O) Model 3 and Model Y vehicles over reports of loss of steering control and power steering.The National Highway Traffic Safety Administration (NHTSA) opened a preliminary evaluation after it received 12 complaints from owners of… […]
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LONDON, March 23 (Reuters) – The Swiss authorities and UBS Group AG are racing to close the takeover of Credit Suisse Group AG within as little as a month, according to two sources with knowledge of the plans, to try to retain the lender’s clients and employees.But combining Credit Suisse into UBS could take much… […]
The sun sets behind power lines above the plains north of Amarillo, Texas, U.S., March 14, 2017. REUTERS/Lucas JacksonJuly 31 (Reuters) – Demand for power in Texas hit a record high for a sixth time this summer on Monday as homes and business kept air conditioners cranked up to escape a lingering heat wave.The Electric… […]
July 31 (Reuters) – U.S. shale oil producer Diamondback Energy (FANG.O) missed Wall Street estimates for second-quarter profit on Monday, as gas prices took a hit from easing supply concerns.Natural gas prices have fallen nearly 63% from last year, when western sanctions on Russia after the Ukraine war crimped supplies.Diamondback said its average unhedged realized… […]
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