Expedia shares sink after 2024 revenue warning on softening air fares
By Pratyush Thakur (Reuters) -Shares of Expedia Group closed down 18% on Friday, their biggest single-day drop in nearly four…
NY attorney general expands crypto lawsuit, sees $3 billion fraud
By Jonathan Stempel and Dietrich Knauth NEW YORK (Reuters) -New York Attorney General Letitia James on Friday expanded her lawsuit…
White House touts $11 billion US semiconductor R&D program
By David Shepardson WASHINGTON (Reuters) -The White House on Friday touted the U.S. government’s plan to spend $11 billion on…
Bitcoin surges in biggest weekly rally in four months
By Amanda Cooper and Alun John LONDON (Reuters) -Bitcoin rose 5% on Friday to one-month highs, powered by what analysts…
PepsiCo signals demand hit from price hikes with rare sales decline
By Ananya Mariam Rajesh (Reuters) -PepsiCo on Friday reported a surprise drop in quarterly sales and forecast a sharp slowdown…
NYCB gets third credit downgrade as CRE exposure worries spill to Europe
By Manya Saini and Niket Nishant (Reuters) -Embattled New York Community Bancorp faced its third credit-rating cut on Thursday while…
Fed’s Collins says her baseline expectation is 75 bps of rate cuts this year
(Reuters) – Boston Federal Reserve Bank President Susan Collins on Thursday said she believes the U.S. central bank will likely…
Oil producer ConocoPhillips beats profit views on higher output
By Sabrina Valle and Sourasis Bose HOUSTON (Reuters) -U.S. oil and gas producer ConocoPhillips on Thursday beat Wall Street estimates…
‘Silver is the new gold’ as Egyptians try to protect savings
By Sarah El Safty and Farah Saafan CAIRO (Reuters) – Egyptian women traditionally receive a gold jewellery set, or “shabka”,…
Disney answers activists with gaming investment, ESPN streaming plans
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney CEO Bob Iger hit back at activist investors on…