Sea Limited (NYSE: SE) is a holding company based in Southeast Asia. It operates three businesses, each of which hits on a major secular trend. Shopee is the leading e-commerce marketplace in the region, SeaMoney provides digital financial services, and Garena is a video game developer and publisher.
Guardians starter Gavin Williams has suffered a setback in his recovery from an elbow injury and will be shut down for at least another week. Williams, who was expected to have a major role for Cleveland this season, hurt his elbow while throwing a weighted ball during spring training in March. Williams pitched three innings in a simulated game on Saturday in Arizona, and afterward told the team he had soreness in the back of his elbow.
Spanish Prime Minister Pedro Sanchez is no stranger to high octane political battles and has successfully fought for his career in public life several times. On Wednesday evening, Sanchez said he would suspend public duties until next week to decide whether he wants to continue leading the government. The shock announcement came after a Spanish court said earlier on Wednesday it was launching a preliminary investigation into whether Sanchez's wife Begona Gomez committed a crime of influence peddling and corruption in business in her private dealings.
Flight attendants at Southwest Airlines have ratified a contract that includes pay raises totaling more than 33% over four years, as airline workers continue to benefit from the industry's recovery since the pandemic. The Transport Workers Union said Wednesday that members of Local 556 approved the contract by a margin of 81% to 19%. The union's board rejected a lower offer last summer, and flight attendants voted against a second proposal in December.
ServiceNow stock fell after the software maker reported Q1 earnings and revenue that topped estimates while guidance came in slightly below views.
Ford reported first quarter results after the bell that beat expectations on Wednesday, with its changing product game plan front and center along with its focus on gas and hybrid offerings.
Kansas' Democratic governor on Wednesday vetoed a broad package of tax cuts for the second time in three months, describing it as “too expensive” despite the bipartisan support it enjoyed in the Republican-controlled Legislature. Gov. Laura Kelly and her staff had signalled that she had misgivings about a package of income, sales and property tax cuts worth $1.5 billion over the next three years. The governor also told fellow Democrats that she believes Kansas' current three personal income tax rates ensure that the wealthy pay their fair share.
Facebook and Instagram parent company Meta said Wednesday its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms.
WASHINGTON (AP) — Jill Biden on Wednesday sounded a red horn to start the Wounded Warrior Project's annual Soldier Ride from the White House lawn, using the launch of the multiday bike ride to stress the importance of supporting service members. “My husband often says that we have many obligations as a nation but only one sacred obligation: to support you and your families when we send you into harm’s way and when you return,” she said of President Joe Biden, who is up for reelection. Jill Biden
Norfolk Southern (NSC) shares are falling during Wednesday's trading session after the company reported disappointing first-quarter results, missing analyst expectations on both revenue and adjusted EPS. The railroad freight operator cautions that the collapse of Baltimore's Francis Scott Key Bridge in March could have a substantial financial impact on the company with losses ranging from $25 million to $35 million per month, as supply chains face significant disruptions. Market Domination's Julie Hyman and Josh Lipton break down the details, providing insights into other freight stocks feeling pressure from the bridge collapse. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
The BBC has released the first-look pictures of Dope Girls, a new British drama from Doctor Who and His Dark Materials studio Bad Wolf.
The former cast members are figuring out how to appropriately mark the upcoming anniversary without co-star Matthew Perry, according to reports by Us Weekly. The series finale of the television sitcom, titled The One Where They Say Goodbye, aired on NBC in the United States on 6 May 2004, when it was watched by 52.5 million viewers. Perry had famously battled drug and alcohol addiction for years, and in his 2022 memoir, he revealed he was taking 55 Vicodin pills a day during the show's heyday.
Earlier this year, state lawmakers learned there would be a $3 billion shortfall in the transportation budget over the next several years, which could result in major cuts to huge projects. Governor Wes Moore announced in January a $150 million investment to help offset the costs, though many viewed that as a band-aid to the issue. The money that comes in to fund transportation costs is not covering what is needed, which means that big changes are required in how the budget is structured.
Photo Illustration by Luis G. Rendon/The Daily Beast/GettyHouse Speaker (R-LA) Mike Johnson trekked to Columbia University’s New York City campus on Wednesday—and was immediately greeted with a chorus of boos.The crowd loudly heckled and booed Johnson as he approached a podium and launched into his speech, railing against “antisemites” who “gnash their teeth and demand to wipe the State of Israel off the map and attack our innocent Jewish students.”Moments after making that declaration, a loud c
“I usually am so critical and frustrated by it... but optimistically at least now there’s two moons on the stage,” she joked, while sharing a photo of her recent Coachella performance
Glenn Sullivan, Sr., 54, pleaded guilty to raping a teen multiple times, resulting in pregnancy, according to prosecutors
Mr Johnson called the protesters ‘antisemitic’ and ‘lawless agitators’
Police confirm two 16-year-old boys have been arrested on suspicion of arson following the blaze.
NEW YORK — Publishing honcho David Pecker’s testimony this week at Donald Trump’s Manhattan trial opened a rare window on an unholy alliance that helped propel Trump into the Oval Office and spawned a vortex of unflattering stories smearing his political opponents and manipulating news cycles to divert the attention of the American electorate. On the witness stand just feet from the former ...
Ford announced better-than-expected first-quarter earnings even as revenue came in below predictions late Wednesday. The company also revised aspects of its 2024 outlook as its expects losses from its EV segment.
The New York man faces prison time and a $5 million fine, feds say.
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