(Bloomberg) — US homebuilder sentiment increased in February by more than forecast, indicating an easing of mortgage rates over the past several months is helping support the housing market after a year-long rout.
One of the largest shareholders of IAA Inc. plans to vote against the company’s sale to Ritchie Bros. Auctioneers Inc., arguing that the price is too low and the deal doesn’t make strategic sense.
Roblox Corp. shares surged the most in nine months after the online video game platform reported bookings that beat analysts’ estimates, buoyed by a boom in play time over the holidays and a jump in active users.
Comparatively few people follow the Crown channel or participate in its chats—suggesting they aren’t engaging with the programming.
Airbnb Inc. shares surged the most since 2021 after the company’s sales outlook beat analysts’ estimates, signaling robust travel demand following a record year in 2022.
Mexico’s industrial park occupancy hit a record high last year as international companies increasingly relocate their supply chains to Latin America’s second-largest economy.
ASML has pressed IP theft allegations against two firms created by ‘flagbearer’ for China’s semiconductor industry
Deutsche Lufthansa AG is returning to normal flight operations after widespread software problems linked to damaged Deutsche Telekom AG broadband cables grounded hundreds of planes.
Flybe Group Plc, the distressed British carrier, is to be wound down after attempts to sell the struggling business failed.
Barclays Plc expects its competitors to lure savings customers with higher interest rates, a trend it warned will weigh on the profitability of the firm’s UK business this year.
