(Reuters) – Monster Beverage Corp missed Wall Street estimates for second-quarter sales on Thursday as higher cost of living weighed on demand for its pricier energy drinks and alcohol brands, sending its shares down 3.4% after the bell. Consumers have curbed non-essential spending as disposable incomes remain pressured by rising interest rates and higher food…
SANTIAGO (Reuters) – A winter heat wave bringing historically high temperatures to Chile is a “window” to an increasingly warm future, according to scientists. Globally, July was already the hottest month on record and the first days of August brought a heat wave to parts of northern and central Chile, bringing springlike weather to the…
By Helen Coster and Samrhitha Arunasalam (Reuters) -Warner Bros Discovery warned Thursday that uncertainty over the dual strikes by Hollywood writers and actors could impact the timing of its film slate and its ability to produce and deliver content. The studio said its models anticipate members of the Writers Guild of America and the Screen…
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria is turning to gas as an alternative fuel after it scrapped a popular but costly subsidy on petrol that has seen pump prices rise sharply, angering motorists and businesses that use petrol to generate their own power. State-oil firm NNPC said late on Thursday it has partnered with…
By Lawrence Delevingne (Reuters) -U.S. shares finished with minimal losses after a day of up and down trading as U.S. bond yields hit nine-month peaks and the dollar dipped following a U.S. credit downgrade. Wall Street investors weighed another rise in Treasury yields with the latest batch of economic data and earnings. The Dow Jones…
By Andrea Shalal RUMFORD, Maine (Reuters) – U.S. Veterans Affairs Secretary Denis McDonough urged veterans across the country to apply by Wednesday to get an extra year of retroactive benefits under a new law passed last year to aid veterans sickened by gases from military toxic burn pits. McDonough told dozens of veterans in Rumford,…
By Nate Raymond (Reuters) -A federal judge on Thursday rejected a gun rights group’s challenge to an assault weapons ban the state of Connecticut adopted after a gunman in 2012 killed 20 children and six educators at Sandy Hook Elementary School in Newtown. The National Association for Gun Rights (NAGR) filed a lawsuit in September,…
By David Shepardson WASHINGTON (Reuters) – The National Transportation Safety Board on Thursday cited the failure of a charter pilot to get a takeoff clearance in a February incident in Boston that resulted in a near-collision with a JetBlue flight. JetBlue Flight 206 that was about to land from Nashville was forced to perform a…
(Reuters) -Pfizer Inc said on Thursday it will begin making some products available only through its emergency ordering process, as part of steps to manage inventory at its North Carolina facility that was struck by a tornado last month. The drugmaker said it was taking additional steps out of an abundance of caution as it…
By Luc Cohen WASHINGTON (Reuters) -A husband-and-wife duo on Thursday pleaded guilty to laundering money stolen in a 2016 hack of cryptocurrency exchange Bitfinex through an elaborate scheme involving burying gold coins and burning documents in a trash can in Kazakhstan. In a hearing before U.S. District Judge Colleen Kollar-Kotelly in Washington, Moscow-born U.S. citizen…
