Carvana expects to record core profit in second quarter; shares jump
(Reuters) -Carvana Co said on Thursday that it expects to post a profit in the current quarter and plans to…
Updated
Wall Street ends down as PacWest fuels fears of deeper bank crisis
By Noel Randewich and Ankika Biswas (Reuters) – Wall Street ended lower on Thursday after PacWest’s move to explore strategic…
Heavy fighting in Khartoum; Sudan’s children caught in conflict, UN says
By Khalid Abdelaziz and Mohamed Noureldin KHARTOUM (Reuters) -Fierce fighting persisted in Sudan on Thursday despite a truce agreement as…
Lyft shares tumble as cheaper rides to hurt second-quarter margin
By Akash Sriram (Reuters) – Lyft Inc forecast a dull second quarter as price cuts in its race with bigger…
Trump asks federal court to take over NY hush money criminal case
By Karen Freifeld and Luc Cohen (Reuters) -Lawyers for Donald Trump on Thursday asked the federal court in Manhattan to…
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…
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…