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Rising US law firm expenses offset strong demand and rate hikes in first quarter - report
By Karen Sloan May 13 (Reuters) - Strong demand and billing rate hikes didn’t translate into major economic gains for U.S. law firms in the first quarter of 2026, new financial figures show.Rising expenses — including investments in artificial intelligence — and falling productivity cut into what...
Reuters
13 hours ago
Ultratrex Inc: Files To Withdraw IPO Plans - SEC Filing
May 13 (Reuters) - ULTRATREX INC - FILES TO WITHDRAW IPO PLANS - SEC FILINGSource text: [ID:n0001213900-26-055415]Further company coverage: [ ]
Reuters
13 hours ago
UK health minister Streeting preparing to resign, Times says
LONDON, May 13 (Reuters) - Britain's health minister Wes Streeting is preparing to resign and could quit as early as Thursday, the Times reported on Wednesday.
Reuters
13 hours ago
ECB urges banks to quickly prepare for AI-assisted cyberattacks
ECB's Elderson urges euro area banks to act despite lack of Mythos accessU.S. banks are already addressing vulnerabilitiesEven minor vulnerabilities need to be patched quickly, ECB says FRANKFURT, May 13 (Reuters) - European Central Bank board member Frank Elderson on Wednesday urged banks in...
Reuters
13 hours ago
SoftBank profit more than triples to $12 billion on OpenAI stake gains
Vision Fund booked 3.1 trillion yen quarterly gainOpenAI investment gain totals $45 billion SoftBank says FY profit is highest in Japan corporate historySon is an enthusiastic supporter of OpenAI Backing is raising concerns about financing pressuresBy Anton Bridge TOKYO, May 13 (Reuters) - Techno...
Reuters
13 hours ago
Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming
Gaza deaths, Israeli bombardment both up since ceasefireIsrael, Hamas at odds over disarmament, undermining Gaza truceIsraeli defence officials say they have warned government Hamas is rearming'The war has not stopped,' displaced Palestinian man saysBy Nidal al-Mughrabi, Maayan Lubell and Da...
Reuters
13 hours ago
Israel's Global-e slightly beats Q1 revenue estimates, raises FY guidance
OverviewIsrael e-commerce platform's Q1 revenue rose 33% yr/yr, slightly beating analyst expectationsAdjusted EBITDA margin expanded to 19.9%, up 330 bps yr/yrCompany executed $59 mln in share repurchases and raised full-year 2026 guidanceOutlookGlobal-e sees Q2 2026 GMV between $1.945 bln and $...
Reuters
13 hours ago
China's Atour Lifestyle Q1 revenue jumps 47.5% on manachised hotel expansion
OverviewChina hospitality and retail group's Q1 revenue rose 47.5% yr/yr to RMB2.81 blnAdjusted net income for Q1 grew yr/yr to RMB490 mlnCompany expanded hotel network by 20.9% yr/yr to 2,088 hotelsOutlookCompany expects 2026 net revenues to rise 24% to 28% from 2025Result DriversMANACHISED HOT...
Reuters
13 hours ago
Research Alliance Corp III: Now Sees $75 Million IPO Of 7.5 Million Class A Shares - SEC Filing
May 13 (Reuters) - RESEARCH ALLIANCE CORP III - NOW SEES $75 MILLION IPO OF 7.5 MILLION CLASS A SHARES - SEC FILINGSource text: [ID:n0001193125-26-220331]Further company coverage: [ ]
Reuters
13 hours ago
National Vision Q1 revenue rises 6.6% on higher average ticket
OverviewU.S. optical retailer's Q1 revenue up 6.6% yr/yr, slightly missing analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany expanded military store presence, adding 20 new locationsOutlookCompany reiterates 2026 net revenue guidance of $2.033 bln to $2.091 blnNational Vis...
Reuters
13 hours ago
Web3labs Global: IPO Price Expected To Be $4.00 To $5.00 Per Share - SEC Filing
May 13 (Reuters) - WEB3LABS GLOBAL INC - IPO PRICE EXPECTED TO BE $4.00 TO $5.00 PER SHARE - SEC FILINGWEB3LABS GLOBAL INC - APPLIES TO LIST CLASS A ORDINARY SHARES ON NASDAQ UNDER SYMBOL MDAT - SEC FILINGWEB3LABS GLOBAL INC - ANNOUNCES US IPO OF CLASS A ORDINARY SHARES - SEC FILINGWEB3LABS GLOBAL I...
Reuters
13 hours ago
Canada's Boyd Group Q1 sales rise 28%, slightly less than estimated
OverviewCanada collision repair operator's Q1 sales rose 28% but slightly missed analyst expectationsAdjusted EPS met analyst expectations; adjusted EBITDA rose 52% with margin expansionGrowth driven by Joe Hudson acquisition, new locations and positive same-store salesOutlookBoyd expects to ope...
Reuters
13 hours ago
Regis Q3 revenue falls on franchise weakness
OverviewUS haircare salon operator's fiscal Q3 revenue fell yr/yr due to lower franchise incomeAdjusted EPS for fiscal Q3 rose yr/yr as profitability improvedCompany-owned salon same-store sales rose 9.6%, supporting improved operating incomeOutlookCompany did not provide specific financial guid...
Reuters
13 hours ago
Cel-Sci Corp Files For Offering Of 6 Million Shares Of Common Stock- SEC Filing
May 13 (Reuters) - CEL-SCI Corp CVM.A:CEL-SCI CORP: FILES FOR OFFERING OF 6 MILLION SHARES OF COMMON STOCK- SEC FILINGSource text: [ID:n0001654954-26-004757]
Reuters
13 hours ago
Mediaon Group: Now Sees IPO Of 5.9 Million Class A Ordinary Shares - SEC Filing
May 13 (Reuters) - MEDIAON GROUP INC. - NOW SEES IPO OF 5.9 MILLION CLASS A ORDINARY SHARES - SEC FILINGMEDIAON GROUP INC. - CO OFFERING 3 MILLION CLASS A ORDINARY SHARES AND SELLING SHAREHOLDERS OFFERING 2.9 MILLION CLASS A ORDINARY SHARESSource text: [ID:n0001493152-26-022550]Further company cover...
Reuters
13 hours ago
FTSE Russell To Delete Indonesian Security With High Shareholding Concentration At Zero Price June 22
May 13 (Reuters) - FTSE Russell:FTSE RUSSELL: INDONESIAN LISTED SECURITY WITH HIGH SHAREHOLDING CONCENTRATION TO BE DELETED AT ZERO PRICE JUNE 22 - WEBSITEFTSE RUSSELL: JUNE INDEX REVIEW TO INCLUDE ICB UPDATES, QUARTERLY SHARE UPDATES, FREE FLOAT DECREASES FOR INDONESIAN SECURITIESFTSE: FURTHER DECI...
Reuters
13 hours ago
Personalis Receives Medicare Coverage For Next Personal For Immunotherapy Monitoring Across Late-Stage Solid Tumors
May 13 (Reuters) - Personalis Inc PSNL.O:PERSONALIS RECEIVES MEDICARE COVERAGE FOR NEXT PERSONAL® FOR IMMUNOTHERAPY MONITORING ACROSS LATE-STAGE SOLID TUMORS
Reuters
13 hours ago
Equinox Gold to acquire Orla Mining
May 13 (Reuters) - Equinox Gold EQX.TO said on Wednesday it would acquire Orla Mining OLA.TO in a deal that would create a North American-focused gold producer with an implied market value of about $18.5 billion.
Reuters
13 hours ago
Studio City Company Limited Announces Results Of Its Tender Offer For Any And All Of Its 7.00% Senior Secured Notes Due 2027
Studio City International Holdings Ltd MSC.N:STUDIO CITY COMPANY LIMITED ANNOUNCES RESULTS OF ITS TENDER OFFER FOR ANY AND ALL OF ITS 7.00% SENIOR SECURED NOTES DUE 2027
Reuters
13 hours ago
Varda Space Industries And United Therapeutics Collaborate To Advance Microgravity-Enabled Treatments For Rare Pulmonary Disease
May 13 (Reuters) - United Therapeutics Corp UTHR.O:VARDA SPACE INDUSTRIES AND UNITED THERAPEUTICS COLLABORATE TO ADVANCE MICROGRAVITY-ENABLED TREATMENTS FOR RARE PULMONARY DISEASE
Reuters
13 hours ago
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