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Prevost surprises as first US pope, takes name Leo XIV
'Peace be with you all,' says pope in first comment to crowdPrevost is first U.S. pope, spent many years in PeruHe was elected on just second day of conclaveBy Joshua McElwee, Crispian Balmer and Philip Pullella VATICAN CITY, May 8 (Reuters) - Cardinal Robert Prevost, a long-time missiona...Reuters
Thu, May 8
Other
Brazil pulp maker Suzano multiplies net income, but core profit misses estimates
SAO PAULO, May 8 (Reuters) - Brazilian pulp maker Suzano posted on Thursday a 6.3 billion reais ($1.11 billion) net profit in the first-quarter, multiplying from the 220 million real profit it had in the same period last year.However, its closely watched core earnings, as measured by the adjusted EB...Reuters
Thu, May 8
Other
'For us, the Pope is Peruvian': Andean nation cheers election of Pope Leo XIV
By Marco AquinoLIMA, May 8 (Reuters) - In the Peruvian coastal city of Chiclayo, some 5,000 kilometers (3,000 miles) from new Pope Leo XIV's hometown of Chicago, Catholics took to the streets and church bells rang on Thursday to celebrate the election of the former missionary who they embrace as...Reuters
Thu, May 8
Other
Judge grills Trump administration over order against law firm Susman Godfrey
Susman Godfrey represents Dominion Voting Systems in election-related litigationJudge questioned rationale for punishing firmLawyer for firm said Trump's orders seek to intimidate law firmsBy Mike Scarcella and David Thomas May 8 (Reuters) - U.S. law firm Susman Godfrey asked a judge in Washi...Reuters
Thu, May 8
Other
Aspen closes up 8% on first day of trading after IPO
By Michael LoneyMay 8 - (The Insurer) - Aspen Insurance Holdings Limited’s share price closed up 8.3% on its first day of trading following its initial public offering, while American Integrity Insurance Group closed up 5.6% on its market debut.Both companies began trading on the New York Stock Exch...Reuters
Thu, May 8
Stocks
Wolfspeed sees 2026 revenue below estimates; shares slump
May 8 (Reuters) - Chipmaker Wolfspeed WOLF.N forecast 2026 revenue below Wall Street estimates and reported a 7% decline in third-quarter revenue on Thursday, sending its shares down 11% in extended trading.The company, which manufactures chips using silicon carbide, a more energy-efficient material...Reuters
Thu, May 8
Other
Amazon, Apple seek legal fees as sanction in US consumer lawsuit
By David Thomas and Mike Scarcella May 8 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to D.Thomas@thomsonreuters.com)Apple and Amazon have asked for a combined $223,000 in sanctions against a prominent class action law firm, accus...Reuters
Thu, May 8
Other
US wants to spend billions to revamp aging air-traffic control system
Airlines say at least $31 billion is neededTrump administration wants billions for new radar, equipment, facilitiesCongress is expected to decide total funding in coming monthsBy David Shepardson WASHINGTON, May 8 (Reuters) - U.S. Transportation Secretary Sean Duffy unveiled a plan on Thursday to...Reuters
Thu, May 8
Commodities
LIVESTOCK-CME cattle higher as grilling season ramps up
By Heather Schlitz CHICAGO, May 8 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle rose on Thursday, as demand surged ahead of Mother's Day and the start of grilling season, analysts said.A tight cattle supply and strong demand from consumers and retailers has propelled c...Reuters
Thu, May 8
Stocks
Sana Biotechnology Inc reports results for the quarter ended March 31 - Earnings Summary
Sana Biotechnology Inc SANA.OQ reported a quarterly adjusted loss of 21 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -49 cents. The mean expectation of seven analysts for the quarter was for a loss of 23 cents per share. ...Reuters
Thu, May 8
Stocks
ONE Gas slips after announcing stock offering
** Shares of ONE Gas OGS.N down 1% in extended trading to $78.90 after equity offering news** Tulsa, Oklahoma-based natural gas utility announces 2 mln share offering** Co enters into forward sale agreement with sole underwriter JP Morgan ** Upon settlement of forward sale agreement, expected to oc...Reuters
Thu, May 8
Commodities
Citgo posts $82 million loss in Q1 amid weak margins
Crude utilization falls to 95% in Q1 from 98% in Q4Liquidity down to $2.1 bln from $3.8 bln in previous quarterFirst quarter was second period of consecutive lossBy Marianna Parraga HOUSTON, May 8 (Reuters) - Venezuela-owned refiner Citgo Petroleum registered an $82 million net loss in the first ...Reuters
Thu, May 8
Economic Indicator
Air Canada first-quarter loss widens as passengers skip US travel
MONTREAL, May 8 (Reuters) - Air Canada AC.TO reported a wider first-quarter loss on Thursday, owing to weaker passenger traffic to its key U.S. market amid strained trade relations between the two countries.The country's largest carrier reported a first-quarter adjusted loss of C$0.45 per share ...Reuters
Thu, May 8
Other
Sun Life Financial profit rises on growth in Asia, wealth management
May 8 (Reuters) - Sun Life Financial SLF.TO on Thursday reported a rise in first-quarter profit, as the life insurer was helped by strength in its Asian markets and wealth management business. The company's net income was C$928 million ($666.9 million), or C$1.62 per share, for the three months ...Reuters
Thu, May 8
Economic Indicator
Mexican Peso strengthens on inflation spike, post US-UK trade deal
The Mexican Peso advanced on Thursday against the Greenback as prices in Mexico accelerated near the top of Banco de Mexico’s (Banxico) inflation tolerance range. Additionally, an improvement in risk appetite due to the US/UK trade deal increased Peso’s appeal.
Fxstreet
Thu, May 8
