Business

Wall St rally fades as European shares close at record high; crude surges on supply worries

Thursday, February 19 by SRN News

NEW YORK, Feb 18 (Reuters) - U.S. stocks chased their European counterparts higher on Wednesday, but lost some momentum as the session progressed, while ongoing geopolitical strife helped prompt a rebound in crude and gold prices. Reports that European Central Bank President Christine Lagarde would... Read More.

Molson Coors forecasts sharp drop in 2026 profit as aluminum costs bite

Thursday, February 19 by SRN News

Feb 18 (Reuters) - Beer maker Molson Coors forecast a sharp drop in annual profit on Wednesday, hurt by higher aluminum tariffs and weak spending among price-sensitive consumers. Shares of the brewer fell about 6% in trading after the bell as the company also missed... Read More.

Carvana shares tumble after fourth-quarter profit miss on higher costs

Thursday, February 19 by SRN News

Feb 18 (Reuters) - Carvana shares slumped 25% after the bell on Wednesday as the online used-car retailer missed fourth-quarter profit expectations on higher costs. The downbeat results cap what had been a stellar year for the retailer known for its iconic vending machines for... Read More.

Blue Owl sells $1.4 billion from debt funds to pension, insurance investors

Thursday, February 19 by SRN News

By Isla Binnie NEW YORK, Feb 18 (Reuters) - Private capital firm Blue Owl Capital, whose shares have halved over the last year, is selling $1.4 billion in assets from three of its credit funds so it can return capital to investors and pay down... Read More.

US agency sues Coca-Cola bottler over employee event that excluded men

Thursday, February 19 by SRN News

By Daniel Wiessner Feb 18 (Reuters) - A U.S. civil rights agency has sued a bottler and distributor of Coca-Cola products it accuses of sex discrimination over an employee networking event that excluded men, its first lawsuit over workplace diversity programs since President Donald Trump... Read More.

DoorDash forecasts upbeat quarterly order value as delivery demand stays firm

Thursday, February 19 by SRN News

By Angela Christy M Feb 18 (Reuters) - Food delivery company DoorDash forecast first-quarter marketplace gross order value above Wall Street estimates on Wednesday, buoyed by steady demand and aggressive expansion across grocery, retail and international markets. Shares of the company jumped nearly 14% after the... Read More.

US DOJ probes Warner Bros’ planned sale impact on theaters, Bloomberg News reports

Thursday, February 19 by SRN News

Feb 18 (Reuters) - The U.S. Justice Department has summoned some of the country's major theater chains to private conversations about the potential impact of a sale of Warner Bros Discovery, Bloomberg News reported on Wednesday. Reuters could not independently verify the report. Warner Bros... Read More.

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Current Weather

Wall St rally fades as European shares close at record high; crude surges on supply worries

Molson Coors forecasts sharp drop in 2026 profit as aluminum costs bite

Carvana shares tumble after fourth-quarter profit miss on higher costs

Blue Owl sells $1.4 billion from debt funds to pension, insurance investors

US agency sues Coca-Cola bottler over employee event that excluded men

DoorDash forecasts upbeat quarterly order value as delivery demand stays firm

US DOJ probes Warner Bros’ planned sale impact on theaters, Bloomberg News reports

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