Asana Inc. ( ASAN ) shares are trading lower Wednesday after the company issued full-year fiscal 2026 guidance that fell well short of Wall Street expectations, overshadowing better-than-expected first-quarter earnings and revenue. What To Know: The company reported first-quarter earnings of five cents per share, beating the consensus estimate of two cents. Revenue came in at $187.27 million, slightly above...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

03:52 PM EDT, 06/04/2025 (MT Newswires) -- Starbucks' ( SBUX ) ability to offset rising labor costs with higher customer traffic is a key challenge for fiscal 2025 and 2026, RBC Capital Markets said. The brokerage said in a Tuesday note that incremental labor investments, mainly from expanded store hours across roughly 80% of Starbucks' ( SBUX ) more than...

03:53 PM EDT, 06/04/2025 (MT Newswires) -- Unusual Machines ( UMAC ) said Wednesday it leased a 17,000-square-foot facility in Orlando, Florida, for drone motor production. The facility will boost the company's US production of brushless motors for first-person view and commercial drones, according to a statement. The facility is expected to accommodate monthly production volumes of 50,000 motors, the...