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Etsy misses first-quarter sales, profit estimates on lower discretionary demand

(Reuters) - Etsy missed Wall Street expectations for first-quarter gross merchandise sales (GMS) and profit on Wednesday, hurt by lower demand for its handcrafted goods and personalized gifts at its

PTC forecasts quarterly revenue below estimates

(Reuters) - Industrial software maker PTC forecast quarterly revenue below estimates while also slightly tightening full year guidance on Wednesday, signaling continued weakness in demand for its

EBay forecasts Q2 revenue below estimates as consumer spending remains strained

(Reuters) - Ecommerce firm eBay forecast second-quarter revenue below Wall Street estimates on Wednesday, as demand cools for its key product categories like collector's items and auto parts, sending

Paycom forecasts Q2 revenue below estimates

(Reuters) - Paycom Software on Wednesday forecast second-quarter revenue below market estimates, hit by sluggish demand for payroll and human resource management solutions. Sticky inflation and high

Qualcomm forecast beats estimates as AI revives smartphone market

By Stephen Nellis and Arsheeya Bajwa (Reuters) - Qualcomm on Wednesday forecast fiscal third-quarter sales and adjusted profit above Wall Street expectations, driven by a faster-than-expected recovery

EBay forecasts quarterly revenue below expectations

(Reuters) - Ecommerce firm eBay forecast second-quarter revenue below Wall Street estimates on Wednesday, as demand cools for product categories like collector's items and auto parts. The company

US to probe GoPro claims Chinese firm violated its patents

WASHINGTON (Reuters) -The U.S. International Trade Commission is launching a probe into GoPro claims that patents for its cameras, systems and accessories are being violated by a Chinese firm

US moves to bar Huawei, other Chinese telecoms from certifying wireless equipment

By David Shepardson WASHINGTON (Reuters) -The Federal Communications Commission is moving to prevent Huawei, ZTE and other foreign companies deemed to pose U.S. national security concerns from

US lawmaker probes FTC work with EU to block Amazon iRobot merger

By David Shepardson WASHINGTON (Reuters) - The chair of the House Oversight Committee said on Wednesday he is investigating the Federal Trade Commission's (FTC) work with the European Commission in

US lawmaker probes FTC work with Europe to block Amazon iRobot merger

By David Shepardson WASHINGTON (Reuters) - The chair of the House Oversight Committee said on Wednesday he is investigating the Federal Trade Commission's (FTC) work with the European Commission in

On Camera

Prajwal Revanna case shows why and how sexual crimes by men in politics can go unchecked for years

It would be a disservice to the women of Hassan to look at Prajwal Revanna’s alleged abuse of power as a ‘sex scandal’. Allegations against him show what ‘absolute power corrupts absolutely’ actually means.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.