Home for young single mothers in central Illinois hosted by Dream Center Peoria opens its doors
WASHINGTON, Ill. - A home for young single mothers needing some assistance with life and their babies is now open in Washington. Dream Center Peoria's Zoe House opened its doors on Tuesday with a ribbon cutting ceremony. Director of Teen Moms Denise Bailey says the house is a place that can help young mothers stabiliz...
9m ago
Man who murdered, stabbed homeless New Yorkers gets 25 years to life in prison
NEW YORK (Reuters) - A New York man who murdered a homeless person and wounded two others as they slept outdoors on park benches in a stabbing spree over several nights in July 2022 was sentenced to between 25 years and life in prison on Wednesday,...
26m ago
Arm's quarterly revenue forecast beats Street; annual rev guidance misses
By Max A. Cherney and Stephen Nellis (Reuters) -Chip designer Arm Holdings gave a fiscal first-quarter revenue forecast on Wednesday that beat Wall Street's expectations, but its full-year forecast was below expectations. Shares of Arm fell about 4% in...
26m ago
US sues Hyundai, Kia finance arm for repossessing service members' vehicles
By Jonathan Stempel (Reuters) - The U.S. government on Wednesday sued Hyundai and Kia's American financing arm, accusing it of repossessing vehicles leased by military service members without first obtaining court permission as required by law. Acc...
26m ago
Exclusive-In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud
By Mike Spector and Chris Prentice (Reuters) - U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles' self-driving capabilities, three people familiar with ...
27m ago
Theater chain AMC posts quarterly revenue above estimates
(Reuters) -AMC Entertainment on Wednesday beat analysts' estimates for first-quarter revenue, as films like "Dune: Part Two", "Civil War" and "The Fall Guy" brought audiences to the world's largest theater chain. Shares of the Leawood, Kansas-based com...
27m ago
Baseball star Ohtani's ex-interpreter agrees to plead guilty to federal charges
LOS ANGELES (Reuters) -Japanese baseball great Shohei Ohtani's former interpreter has agreed to plead guilty to federal charges he illegally transferred nearly $17 million from the athlete's bank account, without Ohtani's knowledge, to pay off his own ...
27m ago
Airbnb posts higher profits on global travel demand
(Reuters) - Vacation rental company Airbnb reported a higher quarterly profit on Wednesday, boosted by an increase in travel in international markets as North American bookings decelerated during the period. Shares of the company were up 3% after t...
50m ago
Robinhood swings to profit from year-ago loss
(Reuters) -Robinhood Markets reported a profit in the first quarter on Wednesday compared with a loss last year, helped by strong trading volumes and rate hikes that boosted its net interest revenue. The company reported a profit of $157 million or 18 ...
50m ago
Mexico heat wave triggers 'exceptional' power outages, president says
By David Alire Garcia and Adriana Barrera MEXICO CITY (Reuters) - Widespread recent power outages in Mexico were caused by unseasonably hot weather, the country's president said on Wednesday, assuring consumers that the national grid has sufficient...
50m ago