Business

Adams Gets $1 Billion Hike to NYC Housing Agency Debt Cap

Governor Kathy Hochul signed a bill raising the borrowing authority for New York City’s housing finance agency by

2023-10-25 05:13

Google parent Alphabet profits grow on ads and cloud

Google parent Alphabet on Tuesday reported a quarterly profit of $19.7 billion, powered by money taken in from ads...

2023-10-25 05:13

Alphabet Cloud Unit Results Miss Estimates; Shares Fall

Alphabet Inc. reported revenue and profit from its cloud business that missed analysts’ estimates, raising concerns about the

2023-10-25 05:04

Microsoft sales beat estimates as customers prepare for AI rollout

By Yuvraj Malik, Stephen Nellis and Anna Tong (Reuters) -Microsoft on Tuesday beat Wall Street estimates for fiscal first-quarter results

2023-10-25 05:03

California sidelines GM Cruise's driverless cars, cites safety risk

By Hyunjoo Jin and David Shepardson SAN FRANCISCO/WASHINGTON (Reuters) -California on Tuesday ordered General Motors' Cruise unit to remove its

2023-10-25 05:00

Microsoft reports higher profits and revenue powered by cloud computing and AI investments

Microsoft has reported a 27% increase in profit for the July-September quarter compared to the same time last year

2023-10-25 04:59

Google's ad sales growth accelerated in 3Q, but investors are unimpressed with the performance

Google’s digital advertising sales growth accelerated during the summer, advancing a recent revival that helped its corporate parent Alphabet Inc. to deliver a quarterly profit that exceeded analysts' projections

2023-10-25 04:48

Snap revenue view above estimates on boost from new ad targeting tools

(Reuters) -Snap on Tuesday forecast quarterly revenue largely above estimates as efforts to revamp the ad targeting tools of its

2023-10-25 04:48

BlackRock to pay $2.5 million penalty after SEC disclosure charges

The U.S. Securities and Exchanges Commission on Tuesday said it had charged BlackRock Advisors LLC with "failing to

2023-10-25 04:32

Uniper refines its full-year 2023 outlook

(Reuters) -German state-owned utility Uniper on Tuesday refined its outlook for the full year as the company said it benefited

2023-10-25 04:27

Stocks rebound on earnings, stabilized Treasuries

By Lawrence Delevingne and Amanda Cooper Global stocks advanced on Tuesday as positive corporate earnings spurred some investor

2023-10-25 04:19

Texas Instruments forecasts fourth-quarter below estimates

(Reuters) -Analog chipmaker Texas Instruments forecast fourth-quarter revenue and profit below Wall Street estimates on Tuesday, as demand suffers across

2023-10-25 04:15