Author Archives: Syndicated Content
Etsy lays off 12% of workforce as part of restructuring plan
(Corrects last paragraph to reflect that Etsy is reporting results on Wednesday, not Thursday) By Arriana McLymore NEW YORK, NY, Aug 5 (Reuters) - Crafting marketplace Etsy Inc. is laying off approxim...
Aug 05, 2026
EBay forecasts upbeat quarterly revenue as high-value categories drive momentum
By Juby Babu Aug 5 (Reuters) - EBay forecast third-quarter revenue above Wall Street estimates on Wednesday, leaning on its push into authenticated luxury goods, collectibles and refurbished products ...
Aug 05, 2026
Newly spun-off Honeywell Aerospace cuts 2026 forecast on supply-chain woes
By Aatreyee Dasgupta and Shivansh Tiwary Aug 5 (Reuters) - Honeywell Aerospace lowered 2026 sales growth forecast and issued a weaker-than-expected earnings outlook on Wednesday, as persistent supply-...
Aug 05, 2026
Duolingo's soft quarterly revenue outlook overshadows stronger user growth forecast
By Akash Sriram Aug 5 (Reuters) - Duolingo forecast third-quarter revenue below Wall Street expectations on Wednesday, tempering optimism from its stronger user growth forecast as the language-learnin...
Aug 05, 2026
Chime raises 2026 revenue forecast on robust demand, CFO to step down
By Manya Saini Aug 5 (Reuters) - Chime raised its full-year revenue growth forecast above Wall Street estimates on strong demand for its digital banking products, and announced the departure of longti...
Aug 05, 2026
Figma's upbeat outlook fails to stem margin worries as AI costs mount; shares slump
By Deborah Mary Sophia Aug 5 (Reuters) - Figma on Wednesday reported a sharp rise in costs and a decline in profit margins as the design software company ramps up AI investments, triggering a 16% slum...
Aug 05, 2026
Fed's Cook ready to raise rates if inflation doesn't start easing
By Michael S. Derby NEW YORK, Aug 5 (Reuters) - Federal Reserve Governor Lisa Cook said on Wednesday that she's open to the idea that the central bank may need to raise its short-term interest rate ta...
Aug 05, 2026
Trump administration to impose 15% tariff in polysilicon probe meant to counter China
By Nichola Groom, Alexandra Alper and Jarrett Renshaw WASHINGTON, Aug 5 (Reuters) - The Trump administration will announce as soon as Thursday a 15% tariff and a series of price floors on products mad...
Aug 05, 2026
JPMorgan Chase hires Lissauer for activism defense
By Svea Herbst-Bayliss NEW YORK, Aug 5 (Reuters) - JPMorgan Chase is hiring Bank of America executive Amy Lissauer, a veteran adviser to companies facing pressure from activist investors, to bolster i...
Aug 05, 2026
US halts avocado export inspections in Mexico's Michoacan over security alert
MEXICO CITY, Aug 5 (Reuters) - The United States has suspended avocado export inspections in Mexico's Michoacan state after a security alert on Wednesday, potentially delaying shipments from the count...
Aug 05, 2026
