Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Coinbase logs second straight quarterly loss as crypto trading momentum fades
By Rishab Shaju and Pritam Biswas May 7 (Reuters) - Cryptocurrency exchange Coinbase Global on Thursday recorded a second-consecutive quarter of losses, as a crypto-driven market volatility sapped the...
Thomson Reuters May 07, 2026
Block raises annual gross profit outlook as Cash App stands out
May 7 (Reuters) - Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient consumer spending and strong growth in its core businesses. The Oakland, ...
Thomson Reuters May 07, 2026
Airbnb flags Middle East war impact on second-quarter growth
By Aishwarya Jain and Doyinsola Oladipo May 7 (Reuters) - Vacation rental company Airbnb on Thursday said it expects growth in nights booked during the second quarter to decelerate compared with the p...
Thomson Reuters May 07, 2026
CoreWeave signals higher capex as component costs rise, shares fall
By Juby Babu May 7 (Reuters) - CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components, sending the cloud infrastructure te...
Thomson Reuters May 07, 2026
Auto groups urge Trump to extend trade deal with Mexico, Canada
By David Shepardson WASHINGTON, May 7 (Reuters) - Major auto trade groups on Thursday urged the Trump administration to extend a free trade deal with Mexico and Canada, saying it was crucial for U.S. ...
Thomson Reuters May 07, 2026
Lyft forecasts strong bookings, winter storms hit first-quarter ride volumes
By Akash Sriram May 7 (Reuters) - Lyft forecast second-quarter gross bookings and adjusted core profit above Wall Street estimates on Thursday, even as first-quarter ride volumes fell short of expecta...
Thomson Reuters May 07, 2026
Gilead raises 2026 sales forecast, flags profit hit from acquisitions
By Deena Beasley LOS ANGELES, May 7 (Reuters) - Gilead Sciences posted a higher-than-expected first-quarter profit on Thursday and raised its outlook for 2026 sales, but projected an annual loss due t...
Thomson Reuters May 07, 2026
Argentina's industrial output grows 5% in March after eight months of decline
BUENOS AIRES, May 7 (Reuters) - Argentina's industrial output grew 5.0% in March compared to the same month last year in non-seasonally adjusted terms, data from national statistics agency INDEC showe...
Thomson Reuters May 07, 2026
Bank of Mexico cuts interest rate in split vote, ending easing cycle
By Brendan O'Boyle MEXICO CITY, May 7 (Reuters) - The Bank of Mexico cut its benchmark interest rate in a split decision on Thursday and said it was ending an over two-year-long easing cycle as it bal...
Thomson Reuters May 07, 2026
Fed's Hammack voices concern about 'inflationary mindset' taking hold
WASHINGTON, May 7 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday that she hears concerns from businesses that an inflationary mindset is starting to become entre...
Thomson Reuters May 07, 2026
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