Business

Avis roller coaster drags a big index along for the ride

Friday, April 24 by SRN News

By Chibuike Oguh NEW YORK, April 24 (Reuters) - White-knuckle trading this month in car rental firm Avis Budget has taken one of the longest-standing U.S. stock indexes for its own thrill ride. Avis shares plunged 70% over Wednesday and Thursday, their biggest-ever two-day decline, after... Read More.

Morning Bid: Schrödinger’s ceasefire

Friday, April 24 by SRN News

By Anna Szymanski April 24 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! Just when it looked like the U.S.-Iran ceasefire might put a cap on oil prices,... Read More.

Europe’s markets watchdog warns cyber threats are growing as AI speeds up risks

Friday, April 24 by SRN News

By Elisa Martinuzzi and Elizabeth Howcroft PARIS, April 24 (Reuters) - The chief of Europe's securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus of warnings from financial supervisors on the threats posed by artificial intelligence models that... Read More.

P&G tops estimates on beauty products demand, flags hit from higher input cost

Friday, April 24 by SRN News

By Alexander Marrow and Juveria Tabassum April 24 (Reuters) - Procter & Gamble on Friday warned of a $150 million hit to its annual profit from higher input cost due to the Middle East conflict, even as demand for its pricier hair and skin care... Read More.

HCA Healthcare beats quarterly profit estimates on medical care demand

Friday, April 24 by SRN News

April 24 Reuters) - Hospital operator HCA Healthcare beat Wall Street estimates for first-quarter profit on Friday, helped by strong demand for its medical care services. Hospital operators have been benefiting from elevated demand for non-urgent procedures, particularly from older Americans, since the second half... Read More.

Meta strikes deal with Amazon’s cloud unit to use its CPU chips

Friday, April 24 by SRN News

By Stephen Nellis SAN FRANCISCO, April 24 (Reuters) - Meta Platforms and Amazon.com on Friday said Meta will use Amazon Web Services' (AWS) Graviton5 central processing unit (CPU) chips, a deal an AWS executive told Reuters would span multiple years and be worth billions of... Read More.

Trump grants 90-day Jones Act waiver extension to curb energy costs

Friday, April 24 by SRN News

By Jarrett Renshaw April 24 (Reuters) - President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White House said on Friday, the latest effort to curb rising energy... Read More.

Norfolk Southern first-quarter profit slips as fuel and costs rise

Friday, April 24 by SRN News

April 24 (Reuters) - Norfolk Southern reported a fall in first-quarter profit on Friday, as higher operating costs coupled with rising fuel prices weighed on the railroad operator's earnings. Fuel prices have climbed sharply in the wake of U.S.-Israeli war on Iran, adding pressure to... Read More.

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

Friday, April 24 by SRN News

BEIJING (AP) - China's top automakers are showcasing their latest models and technologies from intelligent driving to ultrafast charging in Beijing as they compete with global rivals in overseas markets. Analysts say the biennial auto show in China's capital, which opened to media on Friday,... Read More.

Chinese foreign minister and Thai prime minister agree to collaborate on fighting cyberscams

Friday, April 24 by SRN News

BANGKOK (AP) - Chinese Foreign Minister Wang Yi met Thailand's Prime Minister Anutin Charnvirakul on Friday during a visit aimed at strengthening the countries' strategic partnership and expanding cooperation. The two agreed to strengthen collaboration in fighting transnational crime and cyberscams and other areas, Thai... Read More.

Current Weather

Avis roller coaster drags a big index along for the ride

Morning Bid: Schrödinger’s ceasefire

Europe’s markets watchdog warns cyber threats are growing as AI speeds up risks

P&G tops estimates on beauty products demand, flags hit from higher input cost

HCA Healthcare beats quarterly profit estimates on medical care demand

Trump grants 90-day Jones Act waiver extension to curb energy costs

Norfolk Southern first-quarter profit slips as fuel and costs rise

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

Chinese foreign minister and Thai prime minister agree to collaborate on fighting cyberscams

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