Edtech Chegg tumbles as ChatGPT threat prompts revenue warning
By Medha Singh (Reuters) -What’s the cost of students using ChatGPT for homework? For U.S. education services provider Chegg Inc,…
Business
Food pushes Pakistan inflation to record 36.4% in April
By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan inflation rose to a record 36.4% in the year to April driven mainly…
Cheniere raises 2023 core earnings forecast after strong quarter
By Sourasis Bose (Reuters) – Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc raised its 2023 core earnings…
Sysco Corp misses profit estimates on higher input costs
(Reuters) – U.S. food distributor Sysco Corp missed Wall Street expectations for third-quarter profit on Tuesday, hurt by higher raw…
Brazil postpones new rules for opening meal voucher market
BRASILIA (Reuters) – Brazil’s government has dealt a setback to new entrants hoping to capture a larger share of the…
Fisker partners with Ample for electric SUVs with swappable batteries
(Reuters) – Electric vehicle maker Fisker Inc said on Tuesday it would start delivering its sports utility vehicle Ocean with…
Factbox-Tech firms, Wall Street lead job cuts in Corporate America
(Reuters) – U.S. companies from Amazon.com Inc and Walt Disney Co to Wall Street heavyweights Goldman Sachs Group and Morgan…
Euro zone inflation picks up but core unexpectedly slows
FRANKFURT (Reuters) – Euro zone inflation accelerated last month but underlying price growth eased unexpectedly, adding to arguments for a…
Zimmer Biomet raises annual forecasts on knees and hips unit strength
(Reuters) – Zimmer Biomet Holdings Inc raised its annual sales and profit forecasts on Tuesday, banking on strong demand for…
Marketmind: Volatile news, not markets
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan A hail of potentially…