Transgendered Army pilot sues conservative influencer for false posts in deadly crash in D.C.
WASHINGTON, D.C. — A transgender Army National Guard pilot has filed a federal defamation lawsuit against a right-wing social media influencer after being falsely identified as the pilot in a deadly aviation…
Walmex posts 12% jump in Q3 net profit
MEXICO CITY (Reuters) – Walmart’s Mexico unit on Wednesday posted a 12.2% year-on-year jump in its third-quarter net profit, driven mainly by stronger sales. Walmart de Mexico, the biggest retailer in Mexico,…
Spotify posts quarterly profit, user growth beats expectations
By Supantha Mukherjee STOCKHOLM (Reuters) – Spotify on Tuesday swung to a quarterly profit aided by price hikes in its streaming services and growth in subscribers in all regions, and forecast that…
‘I Do Not Pass Judgement’: Rep. Jim Clyburn Ducks Question About Omar And Tlaib’s Anti-Israel Posts
‘I Do Not Pass Judgement’: Rep. Jim Clyburn Ducks Question About Omar And Tlaib’s Anti-Israel Posts Harold Hutchison on October 19, 2023 Democratic Rep. Jim Clyburn of South Carolina ducked a question…
Harvard posts investment gain in fiscal 2023, endowment stands at $50.7 billion
BOSTON (Reuters) – Harvard University’s endowment fund, the world’s largest university endowment, posted a small investment gain that bested several other top U.S. universities’ returns but saw the value of the fund…
Australia’s Santos posts over 7% sequential rise in quarterly revenue
(Reuters) – Australia’s Santos Ltd on Thursday reported a 7.5% rise in third-quarter revenue from the preceding quarter, helped by increased crude oil volumes and higher prices. The country’s No. 2 independent…
Northern Trust posts smaller drop in Q3 profit on robust fee-based income
(Reuters) – Asset and wealth manager Northern Trust on Wednesday posted a smaller-than-expected drop in third-quarter profit as a rise in fee-based income cushioned the hit from a drop in its interest…
AutoZone posts strong quarterly results on auto parts demand
(Reuters) – Auto parts retailer AutoZone Inc on Tuesday posted better-than-expected profit and revenue for the fourth quarter, boosted by demand for its do-it-yourself (DIY) automotive parts. AutoZone, which competes with Advance…
School Board Fires Teacher After Parents Complain About ‘Satan Worship’ Social Media Posts
School Board Fires Teacher After Parents Complain About ‘Satan Worship’ Social Media Posts Reagan Reese on August 21, 2023 An Illinois school board fired an art teacher Sunday after parents complained the…
Colombia’s Grupo Aval posts 75% fall in profit as bank margins fall
(Reuters) – Colombian financial conglomerate Grupo Aval reported a 75.4% year-over-year fall in net profit in the second quarter, according to a securities filing on Wednesday, despite a strong boost in interest…
Buffett-backed Nubank posts record revenue on strong user growth
(Reuters) – Brazil’s Nubank on Tuesday reported record revenue for the second quarter as the Warren Buffett-backed digital banking firm logged a surge in new customers. The Brazilian lender has been so…
EV maker Canoo posts smaller-than-expected loss on lower costs
(Reuters) – Electric-vehicle maker Canoo posted a smaller-than-expected quarterly loss on Monday on lower research and development costs, sending its shares up 2% in extended trading. The company also unveiled its new…
UK real estate adviser Savills posts sharp profit drop, shares tank
(Reuters) – Savills Plc posted a sharp drop in half-yearly profits on Thursday as rising interest rates hit trading volumes, sending the British real estate adviser’s shares down nearly 9%. The company…
Trulieve posts wider Q2 loss, says extreme heat weighing on current quarter
By Tanay Dhumal (Reuters) -Pot firm Trulieve Cannabis on Wednesday posted a wider second-quarter loss and said the worse-than-usual temperature and lower customer spending were weighing on current-quarter performance. The cannabis industry…
Elon Musk Says Twitter Will Pay Legal Fees For People Canceled For Likes, Posts
Elon Musk Says Twitter Will Pay Legal Fees For People Canceled For Likes, Posts Brandon Poulter on August 6, 2023 Elon Musk announced in a tweet Saturday that Twitter would pay the legal…
Japan’s SoftBank Corp posts 2.1% increase in Q1 profit
TOKYO (Reuters) – Japan’s SoftBank Corp, the domestic telecoms arm of SoftBank Group, posted a 2.1% increase in first quarter operating profit on Friday. Operating profit was 246.3 billion yen ($1.73 billion)…
Safilo posts 6.6% fall in Q2 net sales as North America weighs
(Reuters) – Italian eyewear group Safilo posted a 6.6% fall in second-quarter net sales at constant exchange rates, due to weakness in the North American market along with a drop in the…
Casino operator Caesars Entertainment posts surprise loss on higher costs
(Reuters) – Caesars Entertainment reported a surprise adjusted loss in the second quarter, as revenue growth from its casino operations was offset by higher costs and interest expense, sending its shares down…
Allstate posts bigger loss as catastrophe claims rise
(Reuters) – Insurer Allstate Corp posted a bigger-than-expected quarterly loss on Tuesday as claims related to higher catastrophic events offset gains from strong investment income. The insurer’s adjusted second-quarter loss widened to…
Stanley Black & Decker posts narrower-than-expected quarterly loss on cost cuts
(Reuters) – Stanley Black & Decker reported a lower-than-expected loss in the second quarter on Tuesday, as cost cut measures cushioned a hit from cooling demand for its power tools. The industrial…
Facebook Censored Posts Saying COVID Was Man-Made At Biden Admin’s Behest: REPORT
Facebook Censored Posts Saying COVID Was Man-Made At Biden Admin’s Behest: REPORT Jason Cohen on July 28, 2023 Facebook took down content related to the origin of COVID-19 after pressure from President…
Keurig Dr Pepper beats sales estimates, posts strong forecast on higher prices
(Reuters) – Keurig Dr Pepper Inc beat Wall Street estimates for quarterly results on Thursday and forecast higher annual sales, as the soda maker benefits from multiple rounds of price hikes that…
Mexico’s Televisa posts big Q2 miss on Univision JV drop, satellite disconnections
By Kylie Madry MEXICO CITY (Reuters) – Grupo Televisa reported a more than 95% slide in quarterly net profit on Tuesday as the broadcaster’s income from its joint venture with Univision slipped…
Carrefour Brasil posts 95% drop in Q2 net profit weighed down by BIG division
MEXICO CITY (Reuters) – Carrefour Brasil reported a 95.2% drop in its second-quarter adjusted net profit to reach 29 million reais ($6.10 million), hit by the financial impact of its integration with…
Shein posts US lobbying tab as it stays in lawmakers’ crosshairs
By Arriana McLymore NEW YORK (Reuters) – Shein, an online discount clothing retailer whose labor practices in China are being questioned by U.S. lawmakers, spent $600,000 in the second quarter in lobbying…
Mexico’s Banorte posts profit boost on insurance, trading units
By Carolina Pulice and Kylie Madry MEXICO CITY (Reuters) – Mexico’s Grupo Financiero Banorte reported on Thursday a 14% increase in second-quarter net profit, hitting 13.09 billion pesos ($764.68 million) on better…
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