Advancing in Ukraine, Russia to mark victory in World War Two
By Guy Faulconbridge MOSCOW (Reuters) - Russia on Thursday marks the Soviet Union's victory over Nazi Germany in World War Two as relations with the West spiral deeper into crisis over the advance of Russian troops against Ukraine's Western-backed ...
2h ago
US confronts China over Volt Typhoon cyber espionage
By Zeba Siddiqui SAN FRANCISCO (Reuters) - U.S. officials confronted the Chinese government in Beijing last month about a sweeping cyber espionage campaign through which Chinese hackers have broken in to dozens of American critical infrastructure o...
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Instacart forecasts upbeat current-quarter, taps Uber veteran as CFO
By Granth Vanaik (Reuters) -Instacart forecast its second-quarter gross transaction value (GTV) and core profit above estimates on Wednesday, helped by a surge in grocery orders as well as higher fees for the advertisements it showcases on its grocery ...
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News Corp misses quarterly revenue estimates
(Reuters) - Media conglomerate News Corp on Wednesday missed Wall Street estimates for third-quarter revenue, weighed down by a sluggish advertising market and lower physical book sales at its book publishing business. Inflation and higher interest...
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Ascension warns of suspected cyberattack; clinical operations disrupted
(Reuters) - Hospital operator Ascension reported disruptions to its clinical operations on Wednesday due to a suspected cybersecurity incident and advised business partners to temporarily disconnect from its systems. Earlier this year, UnitedHealth...
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Man who murdered, stabbed homeless New Yorkers gets 25 years to life in prison
NEW YORK (Reuters) - A New York man who murdered a homeless person and wounded two others as they slept outdoors on park benches in a stabbing spree over several nights in July 2022 was sentenced to between 25 years and life in prison on Wednesday,...
3h ago
Arm's quarterly revenue forecast beats Street; annual rev guidance misses
By Max A. Cherney and Stephen Nellis (Reuters) -Chip designer Arm Holdings gave a fiscal first-quarter revenue forecast on Wednesday that beat Wall Street's expectations, but its full-year forecast was below expectations. Shares of Arm fell about 4% in...
3h ago
US sues Hyundai, Kia finance arm for repossessing service members' vehicles
By Jonathan Stempel (Reuters) - The U.S. government on Wednesday sued Hyundai and Kia's American financing arm, accusing it of repossessing vehicles leased by military service members without first obtaining court permission as required by law. Acc...
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Exclusive-In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud
By Mike Spector and Chris Prentice (Reuters) - U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles' self-driving capabilities, three people familiar with ...
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Theater chain AMC posts quarterly revenue above estimates
(Reuters) -AMC Entertainment on Wednesday beat analysts' estimates for first-quarter revenue, as films like "Dune: Part Two", "Civil War" and "The Fall Guy" brought audiences to the world's largest theater chain. Shares of the Leawood, Kansas-based com...
3h ago
Baseball star Ohtani's ex-interpreter agrees to plead guilty to federal charges
LOS ANGELES (Reuters) -Japanese baseball great Shohei Ohtani's former interpreter has agreed to plead guilty to federal charges he illegally transferred nearly $17 million from the athlete's bank account, without Ohtani's knowledge, to pay off his own ...
3h ago
Airbnb posts higher profits on global travel demand
(Reuters) - Vacation rental company Airbnb reported a higher quarterly profit on Wednesday, boosted by an increase in travel in international markets as North American bookings decelerated during the period. Shares of the company were up 3% after t...
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Robinhood swings to profit from year-ago loss
(Reuters) -Robinhood Markets reported a profit in the first quarter on Wednesday compared with a loss last year, helped by strong trading volumes and rate hikes that boosted its net interest revenue. The company reported a profit of $157 million or 18 ...
3h ago
Mexico heat wave triggers 'exceptional' power outages, president says
By David Alire Garcia and Adriana Barrera MEXICO CITY (Reuters) - Widespread recent power outages in Mexico were caused by unseasonably hot weather, the country's president said on Wednesday, assuring consumers that the national grid has sufficient...
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Civil rights leader Daisy Bates to be honored with statue at US Capitol
By Richard Cowan WASHINGTON (Reuters) - The late U.S. civil rights leader and journalist Daisy Bates, who was instrumental in desegregating Arkansas public schools in the 1950s, will be honored on Wednesday when a statue of her is unveiled at the U...
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