Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
DoorDash forecasts quarterly order value above estimates on resilient delivery demand
By Koyena Das May 6 (Reuters) - DoorDash on Wednesday forecast second-quarter marketplace gross order value above analysts' estimates, helped by resilient demand for delivery services and the company'...
Thomson Reuters May 06, 2026
Chime reports maiden quarterly profit on resilient consumer spending
(Corrects paragraph 8 to say purchase volume, including outbound instant transfer, increased 15% year-over-year to $40 billion, not 12% to $39 billion) By Pritam Biswas and Arasu Kannagi Basil May 6 (...
Thomson Reuters May 06, 2026
Arm forecasts higher-than-expected revenue on surging AI data center demand
May 6 (Reuters) - Arm Holdings forecast first-quarter revenue above Wall Street expectations on Wednesday, benefiting from higher adoption of its chip technology as tech companies spend heavily on art...
Thomson Reuters May 06, 2026
Warner Bros Discovery posts higher streaming revenue as HBO Max expands abroad
By Harshita Mary Varghese May 6 (Reuters) - Warner Bros Discovery's streaming unit posted better-than-expected quarterly revenue growth on Wednesday, as HBO Max's expansion overseas boosted subscriber...
Thomson Reuters May 06, 2026
Fed's Goolsbee says Iran war impact looking more like an inflationary shock
By Howard Schneider WASHINGTON, May 6 (Reuters) - The U.S.-backed war against Iran is looking increasingly like an inflationary shock to the economy, with little apparent impact yet on jobs and growth...
Thomson Reuters May 06, 2026
Trump met with Chevron and ExxonMobil on Tuesday to discuss Venezuela
Wednesday, May 6 (Reuters) - U.S. President Donald Trump told reporters on Wednesday that he met with top officials at Chevron and ExxonMobil a day earlier to discuss Venezuela. (Reporting By Jacob Bo...
Thomson Reuters May 06, 2026
Meta asks California judge to throw out landmark social media addiction verdict
By Diana Novak Jones May 6 (Reuters) - Meta Platforms has asked a Los Angeles judge to throw out a jury's verdict finding the company liable for a woman's depression in a landmark trial over whether t...
Thomson Reuters May 06, 2026
In OpenAI trial, former technology chief says Altman sowed 'chaos,' distrust among top executives
By Greg Bensinger and Juby Babu SAN FRANCISCO, May 6 (Reuters) - A former OpenAI technology chief testified on Wednesday in Elon Musk's lawsuit that CEO Sam Altman sowed distrust among top executives ...
Thomson Reuters May 06, 2026
Fed's Goolsbee: AI success would be 'lovely,' but Fed would still need to watch for overheating
WASHINGTON, May 6 (Reuters) - Even if artificial intelligence is as transformative as advertised the U.S. Federal Reserve would still need to watch for rising inflation, Chicago Fed President Austan G...
Thomson Reuters May 06, 2026
Samsung says to discontinue China sales of some consumer electronics products
SEOUL, May 7 (Reuters) - Samsung Electronics, a maker of TVs and home appliances, said on Wednesday that it has decided to discontinue sales of some consumer electronics products in mainland China ami...
Thomson Reuters May 06, 2026



