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A Meta logo is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 14, 2023.

Disappointing Meta forecast pulls down tech peers in extended trade

Stephen Culp |Updated 19 minutes ago |1 min read

By Stephen Culp NEW YORK (Reuters) - Disappointing forecasts from Facebook parent Meta Platforms has proven contagious, sparking a sell-off in tech and tech-related stocks in after-hours trading. Meta said it expects increased spending on AI ...

An Amazon shopper and courier loads groceries into his trunk outside a Whole Foods Market grocery store in Pasadena, California, U.S., March 31, 2020.

Court revives Whole Foods worker's lawsuit over 'Black Lives Matter' masks

Daniel Wiessner, Jonathan Stempel |Updated 26 minutes ago |2 min read

By Jonathan Stempel and Daniel Wiessner (Reuters) - A U.S. appeals court revived a lawsuit accusing Whole Foods of illegally firing a worker who refused to remove her "Black Lives Matter" facemask and complained about racism at the upscale ...

A passerby is reflected on an electric monitor displaying the graph of recent moments of the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan May 2, 2023.

Morning Bid: Japan's FX no-show, Meta plunges

Jamie McGeever |Updated 28 minutes ago |3 min read

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. The depreciation of Asian currencies against the U.S. dollar, and the steps monetary authorities may take to prevent further weakness, dominate the market landscape across ...

The logo of Anglo American is seen on a jacket of an employee at the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019

BHP considering potential buyout offer for Anglo American, Bloomberg reports

Reuters |Updated 8 minutes ago |1 min read

(Reuters) -Global mining giant BHP Group is considering a potential buyout of British multinational mining company Anglo American Plc, Bloomberg News reported on Thursday, citing people with knowledge of the matter. Deliberations are at an early ...

SaltWire

Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

Echo Wang |Updated 29 minutes ago |2 min read

By Echo Wang NEW YORK (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indicated price range, according to a person ...

SaltWire

O'Reilly Automotive's profit misses on higher costs

Reuters |Updated 48 minutes ago |1 min read

(Reuters) - Auto parts distributor O'Reilly Automotive missed analysts' estimates for first-quarter profit on Wednesday, hurt by increased costs, sending its shares down more than 3% after the bell. Investments in store expansion and securing ...

SaltWire

United Rentals profit beats expectations on higher equipment demand

Reuters |Updated 48 minutes ago |2 min read

(Reuters) - Equipment rental firm United Rentals beat analysts' estimate for first-quarter profit on Wednesday, backed by robust demand across its markets. Shares of the company, which operates across North America and rents out equipment to ...

In this Saltwire file photo, a person rolls up the rim of their Tim Hortons cup to see if they are a winner or not, which was how the contest was run until 2021 when they decided to make it a digital-only game. SALTWIRE FILE

Roll Up to Win confusion: Cape Bretoners disappointed after Tim Hortons email mistake

Nicole Sullivan · Multi-media journalist |Updated 1 hour ago |6 min read Premium content

GRAND MIRA SOUTH, N.S. — Paula Cleveland cried when she read the prize recap email from Tim Hortons.  The email came before lunch on April 17, the day the Roll Up to Win contest closed, which listed the prizes she won for 2024. The 2024 Tracker Targa ...

The logo of Walmart is pictured outside a store in Mexico City, Mexico July 27, 2023.

Walmart in Mexico posts 14% rise in Q1 net profit

Reuters |Updated 8 minutes ago |1 min read

MEXICO CITY (Reuters) - Walmart's Mexico and Central America unit on Wednesday posted a 14.4% year-on-year rise in its first-quarter net profit, reaching 13.18 billion pesos. The retailer's revenues landed at 226.19 billion pesos. (Reporting by ...

SaltWire

Tyler Technologies beats Q1 revenue estimates on strong demand for IT services

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Tyler Technologies beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving towards digital solutions. The increase in ...

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