Costco Wholesale misses quarterly revenue estimates on still-muted spending
(Reuters) -Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only…
Author: Wall St Mavens
Micron forecasts upbeat first-quarter revenue on strong demand for memory chips
(Reuters) -Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its high bandwidth…
PayPal to let business accounts buy, hold and sell cryptocurrency
(Reuters) -PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business…
OpenAI to remove non-profit control and give Sam Altman equity, sources say
By Krystal Hu and Kenrick Cai SAN FRANCISCO (Reuters) – ChatGPT-maker OpenAI is working on a plan to restructure its…
US House passes stopgap spending bill to avert government shutdown
By Richard Cowan and Moira Warburton WASHINGTON (Reuters) -The U.S. House of Representatives on Wednesday passed a stopgap bill to…
Boeing offers additional time to striking union workers to vote on new offer
(Reuters) – Boeing said on Tuesday it has offered additional time and support to the union representing thousands of its…
US accuses Visa of monopolizing debit card swipes
By Jody Godoy (Reuters) – The U.S. Department of Justice sued Visa for alleged antitrust violations on Tuesday, accusing one…
FAA will notify DOJ if Boeing engages in any criminal activities
(Reuters) – The head of the Federal Aviation Administration will tell a U.S. Senate panel on Wednesday that the agency…
Israel open to ideas to de-escalate in Lebanon, says Israel’s UN envoy
By Michelle Nichols and Humeyra Pamuk UNITED NATIONS (Reuters) – Israel is open to ideas for de-escalating the conflict in…
US inflation data cemented big cut for one Fed official, dissent for another
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials, in their first public comments since the U.S. central bank cut interest…