Trulieve Cannabis misses revenue estimates on weak demand
By Ankit Kumar and Mrinalika Roy (Reuters) -Trulieve Cannabis Corp posted a bigger-than-expected fall in first-quarter revenue on Wednesday, as…
Business
Ireland could amass $156 billion wealth fund with windfall corporate tax
DUBLIN (Reuters) – Ireland could amass a 142 billion euro ($156 billion) sovereign wealth fund by 2035 and cover much…
Airbnb tumbles as forecast hints at easing U.S. travel demand
(Reuters) -Airbnb’s shares slid 12% on Wednesday after the top vacation rental firm issued a gloomy second-quarter forecast and signaled…
Toyota targets 10% profit jump, robust EV sales as chip woes recede
By Daniel Leussink TOKYO (Reuters) -Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business…
Vitamin Shoppe owner taken private in $2.6 billion deal with CEO-led group
(Reuters) -Vitamin Shoppe owner Franchise Group Inc would be taken private by a group led by CEO Brian Kahn in…
Big U.S. firms adopt cautious tone on China recovery
(Reuters) – Several U.S. companies, including PepsiCo, Qualcomm and Cummins, struck a cautious note on their growth prospects in China,…
No quick deal in sight as EU countries start talks on new Russia sanctions
By Gabriela Baczynska BRUSSELS (Reuters) -European Union states were holding a first discussion on Wednesday on proposed new sanctions over…
Tellurian appoints Barclays’ Simon Oxley as CFO
(Reuters) – U.S. liquefied natural gas (LNG) developer Tellurian Inc <TELL.A> said on Wednesday it has appointed Simon Oxley as…
Toyota shareholders submit proposal on climate disclosure, in test for new CEO
By David Dolan and Daniel Leussink TOKYO (Reuters) -A trio of European asset managers has submitted a shareholder proposal urging…
Ford’s new muscle truck, Ranger Raptor, made possible by EVs
By Joseph White DETROIT (Reuters) – Ford Motor Co on Wednesday unveiled the latest addition to its muscle truck franchise…