Business
Interest in electric vehicles in Canada drops for second year: survey
Interest in electric vehicles (EVs) in Canada is waning, despite manufacturers introducing new models and price segments. According to an annual survey from AutoTrader , Canadians are wary of the limited range of EVs, insufficient charging ...
O'Reilly Automotive's profit misses on higher costs
(Reuters) - Auto parts distributor O'Reilly Automotive missed analysts' estimates for first-quarter profit on Wednesday, hurt by increased costs, sending its shares down more than 3% after the bell. Investments in store expansion and securing ...
United Rentals profit beats expectations on higher equipment demand
(Reuters) - Equipment rental firm United Rentals beat analysts' estimate for first-quarter profit on Wednesday, backed by robust demand across its markets. Shares of the company, which operates across North America and rents out equipment to ...
Roll Up to Win confusion: Cape Bretoners disappointed after Tim Hortons email mistake
GRAND MIRA SOUTH, N.S. — Paula Cleveland cried when she read the prize recap email from Tim Hortons. The email came before lunch on April 17, the day the Roll Up to Win contest closed, which listed the prizes she won for 2024. The 2024 Tracker Targa ...
Walmart in Mexico posts 14% rise in Q1 net profit
MEXICO CITY (Reuters) - Walmart's Mexico and Central America unit on Wednesday posted a 14.4% year-on-year rise in its first-quarter net profit, reaching 13.18 billion pesos. The retailer's revenues landed at 226.19 billion pesos. (Reporting by ...
Tyler Technologies beats Q1 revenue estimates on strong demand for IT services
(Reuters) - Tyler Technologies beat Wall Street estimates for first-quarter revenue on Wednesday, helped by strong demand for its information technology services as enterprise clients are moving towards digital solutions. The increase in ...
Lam Research forecasts quarterly revenue above estimates on AI chip boom
(Reuters) - Lam Research reported quarterly revenue above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intelligence applications. Lam Research supplies ...
Southwest Airlines flight attendants ratify new contract
(Reuters) - Southwest Airlines' flight attendants on Wednesday voted in favor of a new contract with an immediate 22% pay raise, the union representing the employees and the carrier said on Wednesday. Nearly 20,000 flight attendants at the ...
Align Tech lifts annual sales forecast as teeth aligners power quarterly beat
(Reuters) - Align Technology on Wednesday raised its annual revenue growth forecast after topping Wall Street estimates for first-quarter profit, banking on resilient demand for its clear teeth aligners among teenagers and younger patients. ...
FDIC is looking for potential buyers for Republic First, Bloomberg News reports
(Reuters) - The Federal Deposit Insurance Corp (FDIC) is looking for potential buyers of Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. (Reporting by Pritam Biswas in Bengaluru)