Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Jamie McGeever ORLANDO, Florida, Feb 26 (Reuters) - A heavy selloff in tech stocks pushed the S&P 500 and Nasdaq lower on Thursday after investors' initial positive reaction to AI chipmaker Nvidia'...

By Manya Saini and Arasu Kannagi Basil Feb 26 (Reuters) - Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across ...

By Sneha Kumar Feb 27 (Reuters) - Virgin Australia beat first-half underlying profit estimates on Friday, helped by resilient travel demand and gains from its transformation programme, and said it exp...

(In paragraph seven, corrects to say Liz Claman works for Fox Business, not Fox News) By Aditya Soni, Akash Sriram and Dawn Chmielewski Feb 26 (Reuters) - Paramount Skydance emerged as the winner in a...

By Anhata Rooprai and Krystal Hu Feb 26 (Reuters) - CoreWeave expects capital expenditure to double this year, it said on Thursday, as it spends heavily to scale up its AI cloud platform to handle the...

By Heekyong Yang and Bipasha Dey Feb 26 (Reuters) - E-commerce giant Coupang swung to a fourth-quarter loss on Thursday and reported revenue below analysts' estimates, hurt by the fallout from a data ...

By Jaspreet Singh Feb 26 (Reuters) - Dell said it expects revenue from its key artificial intelligence-optimized servers business to double in fiscal year 2027 and promised to return more cash to shar...

By Kritika Lamba Feb 26 (Reuters) - Grindr on Thursday reported fourth-quarter revenue above estimates and expanded its share repurchase program by $400 million, as the LGBTQ+ dating app bets on artif...

Feb 26 (Reuters) - Caesars Entertainment is weighing takeover offers from several potential bidders, including a bid from Texas gaming and hospitality billionaire Tilman Fertitta, the Financial Times ...

By Akash Sriram and Anhata Rooprai Feb 25 (Reuters) - Duolingo forecast first-quarter and 2026 bookings below expectations on Thursday as it shifts strategy toward faster user growth, a move it said w...