DoorDash rides on delivery demand to raise 2023 core profit forecast
By Granth Vanaik (Reuters) -DoorDash Inc raised its annual core profit forecast after beating quarterly revenue expectations on Thursday, benefiting…
Business
Bumble posts robust quarterly revenue on sustained user spending
By Vansh Agarwal (Reuters) -Bumble Inc beat estimates for first-quarter revenue on Thursday as user spending on its eponymous dating…
Ed Sheeran did not violate ‘Let’s Get It On’ copyright, US jury finds
By Blake Brittain and Brendan Pierson NEW YORK (Reuters) -Ed Sheeran’s 2014 hit “Thinking Out Loud” did not unlawfully copy…
Epstein accuser suing JPMorgan seeks to disqualify bank’s law firm
By Andrew Goudsward (Reuters) – A Jeffrey Epstein accuser suing JPMorgan Chase & Co for allegedly aiding the late financier’s…
Block beats earnings expectations, shakes off short seller report
By Hannah Lang (Reuters) -Block Inc posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash…
Heineken to invest $300 million in Brazil to expand premium beer portfolio
SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, said on Thursday it will invest 1.5 billion reais ($300.8…
Marketmind: Another day, another U.S. banking swoon
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A sea of…
Pressure grows for regulatory intervention as US bank rout deepens
WASHINGTON (Reuters) -Pressure is growing on U.S. regulators to take more steps to shore up the country’s banking sector as…
Fed data shows failed bank First Republic was key central bank borrower
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve data on Thursday showed a large part of the central…
Italy’s TIM seeks final offer for grid by June 9
By Elvira Pollina and Juby Babu (Reuters) – Telecom Italia (TIM) said on Thursday it was unhappy with sweetened bids…