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From Canada to Japan: Little League's Global Expansion

From Canada to Japan: Little League's Global Expansion

Little League Baseball, initially a local endeavor in Williamsport, Pennsylvania, has transformed into a truly global phenomenon, organizing youth ...

JetBlue seeks to reassure investors as losses deepen

JetBlue seeks to reassure investors as losses deepen

Oct 26 (Reuters) - JetBlue Airways sought to reassure investors about its financial health on Monday despite posting a bigger-than-expected quarterly loss, as a sharp selloff in its bonds and mounting restructuring concerns cast a shadow over the airline's turnaround.

Airbnb rises on upbeat outlook, bucking broader industry caution

Airbnb rises on upbeat outlook, bucking broader industry caution

Nov 6 (Reuters) - Airbnb shares jumped nearly 12% in premarket trading on Friday after the vacation-rental firm raised its full-year revenue growth forecast betting on resilient global leisure travel demand.

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Nov 5 (Reuters) - TASER maker Axon Enterprise said on Thursday it would invest an additional $1.2 billion in drone maker Skydio and become its exclusive distributor in the US and Canada. The deal highlights growing demand for drones among police, emergency response and government agencies.

ConocoPhillips boosts dividend after beating estimates on higher oil prices

ConocoPhillips boosts dividend after beating estimates on higher oil prices

By Pooja Menon and Sheila Dang Nov 5 (Reuters) - ConocoPhillips lifted its quarterly dividend after beating Wall Street estimates for third-quarter adjusted profit on Thursday, helped by stronger crude prices and cost-cutting measures that offset a decline in output.

Mattel cuts annual forecasts as challenges pile up for new CEO

Mattel cuts annual forecasts as challenges pile up for new CEO

By Sanskriti Shekhar Nov 5 (Reuters) - Mattel on Thursday slashed its annual sales and profit forecasts ahead of the crucial holiday season, raising the stakes for new CEO Roger Lynch as he steers the Barbie maker through tepid demand and investor pressure.

Moderna lifts annual revenue forecast on strong COVID vaccine demand overseas

Moderna lifts annual revenue forecast on strong COVID vaccine demand overseas

Nov 6 (Reuters) - Moderna lifted its full-year revenue forecast on Friday, after strong international demand for its COVID-19 vaccine and payments from partnerships helped the biotech swing to profit in the third quarter.

FTSE 100 tumbles 2% as AI jitters spark global selloff

FTSE 100 tumbles 2% as AI jitters spark global selloff

Nov 6 (Reuters) - Britain's FTSE 100 was poised to log its steepest fall in over seven months and a weekly decline on Friday as AI jitters following a change in the US political landscape sparked a global selloff.

Nasdaq pares losses as chips recover, rate-hike fears linger

Nasdaq pares losses as chips recover, rate-hike fears linger

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike

Investors dive for bonds as tech slump pounds stocks

Investors dive for bonds as tech slump pounds stocks

By Marc Jones and Ankur Banerjee LONDON/SINGAPORE, Nov 6 (Reuters) - Investors fled to the safety of bonds on Friday as stocks extended their slide in both Europe and Asia after worries around the AI boom wiped trillions of dollars off the major US indexes.

Cigna raises annual profit forecast on strength in health services unit

Cigna raises annual profit forecast on strength in health services unit

By Sneha S K, Kunal Das and Amina Niasse Nov 5 (Reuters) - Cigna on Thursday raised its annual profit forecast after beating third-quarter estimates, driven by growth in its US health insurance business, specialty pharmacy and health services.

Under Armour flags broad-based weakness, sees steeper-than-expected third-quarter sales decline

Under Armour flags broad-based weakness, sees steeper-than-expected third-quarter sales decline

Nov 6 (Reuters) - Under Armour on Thursday flagged weakness across its portfolio, as the athletic apparel maker grapples with a challenging consumer environment and aggressive discounting by competitors clearing inventory.