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Month: February 2024

Delta seeks reversal of US plan to scrap airline’s Aeromexico partnership
Business

Delta seeks reversal of US plan to scrap airline’s Aeromexico partnership

February 24, 2024February 24, 2024

By David Shepardson WASHINGTON (Reuters) -Delta Air Lines on Friday urged the U.S. government to allow the carrier to continue…

EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger
Business

EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger

February 23, 2024February 23, 2024

By Echo Wang and Lance Tupper NEW YORK (Reuters) -Shares of Lotus Technology closed up 2% in their Nasdaq debut…

Domestic

US intercepts small balloon over Utah, determines it’s not a threat

February 23, 2024February 23, 2024

WASHINGTON (Reuters) -The U.S. military intercepted a small balloon over the state of Utah on Friday and determined that it…

Stocks eke out gain as Nvidia rally slows, yields slip
Business

Stocks eke out gain as Nvidia rally slows, yields slip

February 23, 2024February 23, 2024

By Herbert Lash NEW YORK (Reuters) -A gauge of global equity markets lost steam on Friday but still set a…

TSX ends higher, wraps up week with gains
Business

TSX ends higher, wraps up week with gains

February 23, 2024February 23, 2024

(Reuters) -Canada’s main stock index gained on Friday, wrapping up the week on a positive note, helped by gains in…

Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023
Business

Reddit’s US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023

February 23, 2024February 23, 2024

By Niket Nishant and Manya Saini (Reuters) -Reddit disclosed on Thursday that its net loss narrowed to $90.8 million and…

Carvana shares ride higher after first annual profit
Business

Carvana shares ride higher after first annual profit

February 23, 2024February 24, 2024

(Reuters) -Shares of Carvana surged nearly 40% on Friday after the used-car retailer posted its first annual profit, in a…

Carvana posts first-ever annual profit after it cuts debt, shares surge
Business

Carvana posts first-ever annual profit after it cuts debt, shares surge

February 22, 2024February 22, 2024

By Bhanvi Satija (Reuters) -Carvana reported its first-ever annual profit on Thursday, helped by its pact with bondholders to cut…

Block outlook tops earnings estimates, boosting shares 12%
Business

Block outlook tops earnings estimates, boosting shares 12%

February 22, 2024February 22, 2024

By Hannah Lang (Reuters) -Shares in Jack Dorsey-led Block surged 12% on Thursday after the payments firm forecast adjusted core…

Nvidia fuels global stock records, bond yields rise
Business

Nvidia fuels global stock records, bond yields rise

February 22, 2024February 22, 2024

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) -AI chipmaker Nvidia’s stunning results sparked a worldwide wave of record…

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