Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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...
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...
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. ...
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...
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...
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...
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...
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...
May 07, 2026
Estee Lauder reaches $210 million settlement over China sales practices
By Jonathan Stempel NEW YORK, May 7 (Reuters) - Estee Lauder has reached a $210 million settlement of a lawsuit accusing the cosmetic giant of defrauding shareholders by concealing its overdependence ...
May 07, 2026
Brazil's April trade surplus jumps nearly 38% on rise in soy, oil exports
BRASILIA, May 7 (Reuters) - Brazil's trade surplus jumped 37.5% in April from a year earlier to $10.5 billion, a record for that month, government data showed on Thursday, buoyed by strong shipments o...
May 07, 2026
