Carvana shares surge on plans to cut debt load
By Nathan Gomes (Reuters) -Carvana shares closed up 40.2% at $55.80 on Wednesday after the troubled used-car retailer struck a…
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US announces additional $1.3 billion in military aid for Ukraine
By Kanishka Singh WASHINGTON (Reuters) – The United States on Wednesday announced additional security assistance of about $1.3 billion for…
Drug onslaught pushes violence to record levels in Costa Rica: Security Minister
By Alvaro Murillo SAN JOSE (Reuters) – The influence of Mexican drug gangs and increased cocaine output in Colombia have…
Kinder Morgan second-quarter revenue misses on lower prices
(Reuters) -Pipeline and terminal operator Kinder Morgan on Wednesday posted lower-than-expected second-quarter revenue, hurt by lower commodity prices. Oil and…
US suspends federal funding to Wuhan lab over non-compliance
(Reuters) – The U.S. has suspended federal funding to China’s Wuhan Institute of Virology (WIV) for failing to provide documentation…
PE firm J.F. Lehman to buy waste disposal company Heritage-Crystal for $1.2 billion
(Reuters) – Heritage-Crystal Clean said on Wednesday it has agreed to be acquired by private equity firm J.F. Lehman &…
Stanford University president to quit after review finds flaws in his research
By Brad Brooks (Reuters) -The president of Stanford University, one of the most prestigious U.S. schools, announced plans on Wednesday…
IBM misses second-quarter revenue estimates as tech spending cools
By Chavi Mehta (Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged…
Microsoft, Activision urge U.S. to drop case against deal before internal FTC judge
WASHINGTON (Reuters) -Microsoft, which is seeking to wrap up its acquisition of game-maker Activision Blizzard, urged the U.S. Federal Trade…
US scrambles to determine fate of soldier Travis King, who fled to North Korea
By Hongji Kim and Phil Stewart PAJU, South Korea/WASHINGTON (Reuters) -U.S. officials scrambled on Wednesday to determine the fate of…