Author Archives: Syndicated Content
Sam Bankman-Fried trial jury sees his profane message about regulators
(Note language in paragraph 5 that readers may find offensive) By Luc Cohen NEW YORK (Reuters) - A U.S. judge on Wednesday overruled objections by Sam Bankman-Fried's lawyers and allowed jurors in the...
Thomson Reuters Oct 18, 2023
US regional banks earn more on loans but warn on rising deposit costs
By Chibuike Oguh NEW YORK (Reuters) - Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher interest rates allowed them to charge more for loans, although ...
Thomson Reuters Oct 18, 2023
Costco taps operation chief Vachris as next CEO
(Reuters) - Costco Wholesale said on Wednesday CEO Craig Jelinek would step down from his role by the end of the year and be succeeded by operations head Ron Vachris. The membership-only retailer said...
Thomson Reuters Oct 18, 2023
Las Vegas Sands beats Wall Street estimates on ongoing tourism recovery in Macau
(Reuters) - Las Vegas Sands Corp reported better-than-expected profit and revenue for the third quarter on Wednesday, as ongoing ramp up of outbound tourism to Macau and Singapore spurred gaming volum...
Thomson Reuters Oct 18, 2023
Factbox-Bolsonaro faces mounting legal woes in Brazil
RIO DE JANEIRO (Reuters) - Former Brazilian President Jair Bolsonaro's legal jeopardy has mounted since he narrowly lost last year's presidential election to leftist President Luiz Inacio Lula da Silv...
Thomson Reuters Oct 18, 2023
Kinder Morgan misses third-quarter profit estimates
(Reuters) - Pipeline and terminal operator Kinder Morgan on Wednesday posted lower-than-expected profit for the third quarter as higher interest expenses offset strength in its natural gas and product...
Thomson Reuters Oct 18, 2023
Netflix raises prices as it adds 9 million subscribers
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Netflix raised subscription prices for some of its streaming plans in the United States, Britain and France on Wednesday, a move to boost ...
Thomson Reuters Oct 18, 2023
Mexican fintech Stori looks to lure new savers with higher yields
By Valentine Hilaire MEXICO CITY (Reuters) - Mexican financial startup Stori on Wednesday began offering a savings account with the unusually high yield of 15%, a senior executive told Reuters, in a s...
Thomson Reuters Oct 18, 2023
Meta shareholder lawsuit over user privacy revived by appeals court
By Jody Godoy (Reuters) - A shareholders' proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook users' data in 2017 and 2018 was revived by a U.S. appeals court o...
Thomson Reuters Oct 18, 2023
Tesla reports lower third-quarter margin
(Reuters) - Tesla's third-quarter gross margin shrank from a year earlier as the electric automaker slashed prices to boost demand in the face of higher interest rates. The company has since January r...
Thomson Reuters Oct 18, 2023
