 | | | | Snap Inc Chief Executive Evan Spiegel said Wednesday the tech company expects it can deliver 50% annual revenue growth over several years even without growing its user base or engagement. | | |
| | | The U.S. economic recovery continued at a modest pace over the first weeks of this year, with businesses optimistic about the months to come and demand for housing "robust," but the job market showing only slow improvement, the Federal Reserve reported on Wednesday. | | |
| | | Indigenous people from Brazil and Colombia sued retailer Casino in a French court on Wednesday over the selling of beef linked to land grabbing and deforestation in the Amazon, campaigners involved in the lawsuit said. | | |
| | | Chile's state-owned Codelco, the world's largest copper producer, said on Wednesday it would permanently incorporate teleworking into its shift schedule after months of experimenting with the model during the coronavirus pandemic. | | |
| | | The social media persona "Roaring Kitty," whose online posts helped spark January's trading frenzy in GameStop Corp shares, appeared before Massachusetts securities regulators on Wednesday to testify as part of an examination into his activities. | | |
| | | A wild rally in shares of Rocket Companies that saw the stock rise 70% in an apparent short squeeze has attracted fresh bets that the stock price will decline. | | |
| | | A surge in the shares of U.S. mortgage provider Rocket Companies on Tuesday is estimated to have inflicted losses of $813 million on short-sellers, data from financial analytics firm Ortex showed. | | |
| | | Italy's No. 2 bank UniCredit plans to appoint more women to its board, including Dame Jayne-Anne Gadhia, the former head of Virgin Money and founder of open banking fintech Snoop. | | |
| | | Exxon Mobil Corp is lowering its ambitions for oil and gas output, it said Wednesday, as it focuses on cutting costs and preserving dividends to win back investors that have soured on the company after years of overspending. | | |
| | | Oil prices rose more than 2% on Wednesday, boosted by a huge drop in U.S. fuel inventories and expectations that OPEC+ producers might decide against increasing output when they meet this week. | | |
| | | Shares of XL Fleet Corp, which provides electric drive systems to enhance vehicle fuel economy, fell as much at 19.5% on Wednesday after U.S. short-selling firm Muddy Waters said it has taken a short position in the company's stock. | | |
|
| |
