U.S. Senate Confirms Cook As Fed’s First Black Woman Governor
By David Morgan (Reuters) -Lisa Cook, an economics professor at Michigan State University, on Tuesday won U.S. Senate confirmation as…
May 10, 2022
New York appeals court dismisses AG suit against Amazon
NEW YORK (AP) — An appeals court in New York dismissed New York Attorney General Letitia James’ lawsuit against Amazon…
Carvana cuts 2,500 jobs, execs to forego pay for severance
DETROIT (AP) — Online automotive retailer Carvana Co. says it’s letting go about 2,500 workers, roughly 12% of its workforce,…
Roblox Expects Losses For ‘foreseeable Future’ As Pandemic Demand Wanes
(Reuters) -Roblox Corp said it expects net losses to continue for the “foreseeable future”, after higher expenses and a slowdown…
Electronic Arts Sees Sales Below Estimates As Pandemic Boom Fades
By Tiyashi Datta (Reuters) -Electronic Arts Inc on Tuesday forecast first-quarter adjusted sales below estimates, as it braces for weaker…
Musk Says He Would Reverse Twitter Ban On Donald Trump
By Sheila Dang (Reuters) – Billionaire Elon Musk said Tuesday he would reverse Twitter’s ban on former U.S. President Donald…
Swedish Match Strikes Record High On Philip Morris $16 Billion Takeover Move
By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) -Swedish Match shares leapt to a record high on Tuesday after Marlboro-maker…
Musk Says He Will Stay At Tesla As Long As He Is Useful
By Hyunjoo Jin and Eva Mathews (Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Tuesday that he will…
Roblox Quarterly Bookings Miss Estimates
(Reuters) – Roblox Corp missed estimates for quarterly bookings on Tuesday, as demand for its online games waned with kids…
Pain Not Over For U.S. Bond Market But Some See Yields Nearing Their Peaks
By Davide Barbuscia NEW YORK (Reuters) – Interest rate jitters keep hammering the U.S. bond market but some investors are…