Business

Rare Earths Americas targets $368 million valuation in US IPO

Tuesday, April 28 by SRN News

April 28 (Reuters) - Rare Earths Americas said on Tuesday it is seeking a valuation of up to $368.4 million in its U.S. initial public offering, as it banks on investor interest due to strong demand for critical minerals used in products ranging from... Read More.

EssilorLuxottica CEO confident in share price recovery over time

Tuesday, April 28 by SRN News

By Elisa Anzolin PARIS, April 28 (Reuters) - The head of EssilorLuxottica expressed confidence on Tuesday that shares in the Franco-Italian eyewear group can recover the ground lost due to U.S. tariffs, a weaker dollar, military conflicts and competition on smart eyeglasses. Speaking at the company's... Read More.

GM lifts profit outlook as US truck sales boost first quarter

Tuesday, April 28 by SRN News

By Kalea Hall April 28 (Reuters) - General Motors posted on Tuesday a 22% rise in first-quarter core profit and lifted its full-year earnings forecast, bolstered by a resilient U.S. car market and an expected tariff refund. The Detroit automaker reported earnings before interest and... Read More.

Coca-Cola raises annual adjusted profit forecast on steady sodas demand

Tuesday, April 28 by SRN News

April 28 (Reuters) - Coca-Cola raised its annual adjusted profit forecast on Tuesday, betting on steady demand for its pricier beverages and sodas in key markets such as the United States. The beverages giant's shares rose about 2% in premarket trading as it also topped... Read More.

S&P Global reports higher first-quarter profit on demand for analytics products

Tuesday, April 28 by SRN News

April 28 (Reuters) - Financial information company S&P Global reported a rise in first-quarter profit on Tuesday on strong demand for its data and analytics offerings amid geopolitical uncertainty, sending its shares up about 1.3% in premarket trading. Rising market volatility, private credit concerns and... Read More.

UPS keeps full year revenue target unchanged amid shift away from Amazon

Tuesday, April 28 by SRN News

April 28 (Reuters) - United Parcel Service on Tuesday beat estimates for quarterly profit, backed its full-year revenue target and projected a return to growth in the second quarter, as it moves away from high-volume shipments to focus on higher-margin business-to-business deliveries. The parcel giant... Read More.

Takeaways from AP investigation: Adopted kids confined in for-profit institutions

Tuesday, April 28 by SRN News

An Associated Press investigation finds that a business known for tough-love boarding schools for rebellious, rich teenagers set its sights on a different demographic: adopted kids. Adoptees are vastly overrepresented in what some call the "troubled teen industry," a sprawling network of loosely regulated, for-profit... Read More.

Adopted and Locked Away: Kids promised ‘forever homes’ instead confined in for-profit institutions

Tuesday, April 28 by SRN News

She was 13 years old and scared of the dark when she arrived at a residential treatment center that had promised her adoptive parents it would help her heal - from the pain of not knowing who her mother was or why she'd given... Read More.

UK leader Starmer faces more pressure over Mandelson ambassador appointment

Tuesday, April 28 by SRN News

LONDON (AP) - Prime Minister Keir Starmer faces more heat Tuesday over his appointment of Peter Mandelson as U.K. ambassador to the United States, with lawmakers set to vote on whether Starmer should be investigated by a parliamentary standards watchdog over the ill-fated decision. Starmer's... Read More.

US ends probe on Tesla Model Y vehicles without manufacturer action

Tuesday, April 28 by SRN News

April 28 (Reuters) - The U.S. National Highway Traffic Safety Administration has closed a probe into 120,089 2023 Tesla Model Y vehicles without action from the carmaker, the regulator said on Tuesday. The agency had opened the preliminary evaluation in early 2023 after two reports... Read More.

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Current Weather

Rare Earths Americas targets $368 million valuation in US IPO

GM lifts profit outlook as US truck sales boost first quarter

Coca-Cola raises annual adjusted profit forecast on steady sodas demand

S&P Global reports higher first-quarter profit on demand for analytics products

UPS keeps full year revenue target unchanged amid shift away from Amazon

Takeaways from AP investigation: Adopted kids confined in for-profit institutions

Adopted and Locked Away: Kids promised ‘forever homes’ instead confined in for-profit institutions

UK leader Starmer faces more pressure over Mandelson ambassador appointment

US ends probe on Tesla Model Y vehicles without manufacturer action

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