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Trump ally Steve Bannon loses appeal of conviction for defying Jan. 6 probe
Domestic

Trump ally Steve Bannon loses appeal of conviction for defying Jan. 6 probe

May 10, 2024May 10, 2024

By Andrew Goudsward WASHINGTON (Reuters) -A U.S. federal appeals court on Friday upheld the conviction of Steve Bannon, a former top adviser to former President

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Crypto group with 440,000 members launches PAC to target House, Senate elections
Domestic

Crypto group with 440,000 members launches PAC to target House, Senate elections

May 10, 2024May 10, 2024

By Stephanie Kelly NEW YORK (Reuters) – A cryptocurrency nonprofit has launched a new political action committee (PAC) to raise money from its 440,000 members

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China’s Zeekr prices US IPO at top of range to raise $441 million
Business

China’s Zeekr prices US IPO at top of range to raise $441 million

May 10, 2024May 10, 2024

By Echo Wang and Scott Murdoch NEW YORK (Reuters) -Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the

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Elon Musk may be compelled to testify again in SEC’s Twitter takeover probe
Business

Elon Musk may be compelled to testify again in SEC’s Twitter takeover probe

May 9, 2024May 9, 2024

SAN FRANCISCO (Reuters) – A federal judge on Thursday indicated a willingness to compel Elon Musk to testify again in the U.S. Securities and Exchange

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Tesla interfered with union organizing at New York plant, US agency claims
Business

Tesla interfered with union organizing at New York plant, US agency claims

May 9, 2024May 9, 2024

By Daniel Wiessner (Reuters) -Tesla has been accused by a U.S. labor agency of discouraging workers at a Buffalo, New York, assembly plant from union

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Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
Business

Airbnb forecasts weaker Q2 revenue despite robust demand for international travel

May 9, 2024May 9, 2024

(This May 8 story has been corrected to clarify that nights and experiences booked rose to 133 million, not $133 million, in paragraph 3) By

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Robinhood’s crypto business drives massive earnings beat
Business

Robinhood’s crypto business drives massive earnings beat

May 8, 2024May 8, 2024

By Sri Hari N S and Niket Nishant (Reuters) -Online brokerage Robinhood Markets beat estimates for first-quarter profit on Wednesday, thanks to robust crypto trading

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GM to end production of Chevy Malibu as it shifts to EVs
Business

GM to end production of Chevy Malibu as it shifts to EVs

May 8, 2024May 8, 2024

By David Shepardson (Reuters) -General Motors said Wednesday it will end production of its gasoline-powered Chevrolet Malibu car later this year in order to produce

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Shopify’s downbeat revenue growth forecast sends shares to six-month low
Business

Shopify’s downbeat revenue growth forecast sends shares to six-month low

May 8, 2024May 8, 2024

By Harshita Mary Varghese (Reuters) – Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain

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Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
Business

Lyft forecasts strong quarterly earnings as ride-hailing demand picks up

May 8, 2024May 8, 2024

By Yuvraj Malik (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for

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