(Reuters) – Charles Schwab Corp is looking to raise $2.5 billion in long-term debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The financial services firm will issue $1.2 billion in debt due in 2029 and $1.3 billion due in 2034, the report added. The company declined to comment on…
By Tiyashi Datta (Reuters) -Take-Two Interactive Software Inc on Wednesday beat analyst estimates for quarterly adjusted sales on strong demand from legacy titles “NBA 2K” and “Grand Theft Auto”, sending the video game publisher’s shares up 8% in extended trading. The company also said it expects to deliver 36 video game titles through 2025 and…
By Richard Francis (Reuters) -Cisco Systems Inc said on Wednesday a large backlog of products due to supply chain constraints has hit demand for new orders from customers, sending the company’s shares down 4% in extended trading. Cisco’s product orders fell 23% in the third quarter, even as the maker of routers, security services and…
By Tom Hals, Andrew Goudsward and Brendan Pierson (Reuters) -Federal appeals court judges on Wednesday appeared to express support for opponents of the abortion pill mifepristone to pursue their challenge to its U.S. approval, which has potentially far-reaching consequences for abortion access across the country. From the start of the high-stakes oral arguments before the…
By Maxwell Akalaare Adombila and Christian Akorlie ACCRA (Reuters) -The International Monetary Fund’s executive board on Wednesday approved a $3 billion, three-year loan program for Ghana, allowing for an immediate disbursement of about $600 million and a potential path out of the West African country’s worst economic crisis in a generation. The IMF said in…
By Aleksandra Michalska and Christine Kiernan NEW YORK (Reuters) – The world’s oldest and most complete Hebrew Bible sold for $38.1 million on Wednesday, Sotheby’s said, one of the highest prices ever for a book or document sold at auction. Wednesday’s winning bid for the Codex Sassoon was made via a donation by Alfred H….
By Pavel Polityuk and Olena Harmash KYIV (Reuters) – Ukraine’s military said it had made new advances on Wednesday in heavy fighting near the eastern city of Bakhmut, and that Russia was continuing to send in new units including paratroopers. President Volodymyr Zelenskiy mentioned sustained Russian shelling in several regions, saying in a video address…
By Dave Sherwood and Nelson Acosta HAVANA (Reuters) – Russian and Cuban officials and business leaders on Wednesday announced new perks to entice Russian investors into the Cuban market, the latest sign of fast-growing economic ties between the two long-time political allies. Boris Titov, head of the Russian delegation of the Cuban-Russian Business Committee, told…
By Akash Sriram and Hyunjoo Jin (Reuters) – With Elon Musk outlining plans for Tesla Inc to use traditional advertising for the first time, viewers might see the electric-vehicle maker’s Model Y crossover or upcoming Cybertruck pickup – maybe even the billionaire CEO himself – on TV or online. Musk revealed those plans on Tuesday…
By Arathy Somasekhar HOUSTON (Reuters) – Officials at the Port of Corpus Christi, the largest U.S. oil-export port by volume, on Wednesday said they intend to appoint an interim chief soon and to begin a search for a new CEO. The move comes a day after Sean Strawbridge, the port’s CEO since 2018, resigned at…
