By Samrhitha A (Reuters) -Shares of Netflix tumbled more than 8% on Thursday after the video-streaming pioneer’s lackluster revenue rise…
Tag: Updated
Gold miner Newmont misses profit estimates on mining disruptions, higher costs
By Sourasis Bose (Reuters) -Newmont missed second-quarter profit estimates on lower production and higher costs, sending shares of the world’s…
TSMC flags 10% fall in 2023 sales as weak global outlook weighs
By Sarah Wu and Yimou Lee TAIPEI (Reuters) -Taiwanese chipmaker TSMC forecast a drop of around 10% in 2023 sales…
Netflix scraps cheapest ad-free plan to boost ad-tier
(Reuters) – Netflix has removed its basic plan in the U.S. and UK in which users could watch shows and…
Goldman profit falls to 3-year low on consumer losses, shares rise on outlook
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs’ profit dropped 60% in the second quarter, missing estimates,…
US retailers push for deal in UPS-Teamster talks as deadline looms
By Lisa Baertlein LOS ANGELES (Reuters) – A U.S. retail industry group on Wednesday urged United Parcel Service and the…
US opens special probe into fatal Tesla crash
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators are opening a special crash investigation into a fatal accident in…
Tesla faces citizen grilling on impact of German plant expansion
By Victoria Waldersee, Nette Noestlinger and Leon Malherbe GRUENHEIDE, Germany (Reuters) -Tesla on Tuesday sought to assuage Brandenburg state residents’…
Israeli official says Biden invited Netanyahu to White House in September
JERUSALEM (Reuters) – U.S. President Joe Biden has invited Prime Minister Benjamin Netanyahu to meet at the White House in…
Novartis raises 2023 forecast, maps out Sandoz spin-off
By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings forecast for the second time on strong drug…