Shares of social media companies including Snap Inc ( SNAP ) and Pinterest Inc ( PINS ) were down early Thursday in sympathy with Meta Platforms Inc ( META ) , which fell after reporting first-quarter financial results. What Happened: Meta beat analyst estimates on the top and bottom lines, reporting first-quarter revenue of $36.455 billion versus estimates of $36.156...

11:11 AM EDT, 04/25/2024 (MT Newswires) -- The governments of Canada and Ontario have announced a multibillion-dollar deal that will see Honda Motor Co. expand its Alliston, Ont. plant to manufacture electric vehicles and host a large EV battery plant, adding 1,000 more jobs in what the two governments say is the largest ever single investment in Canada's auto sector,...

MEXICO CITY, April 25 (Reuters) - Mining and transport conglomerate Grupo Mexico reported on Thursday a 16% drop in its first-quarter net profit, falling to $928.5 million. Revenue for the major global copper producer, which also operates sprawling freight railroads in Mexico, slid 1.6% in the quarter to total $3.8 billion. ...

WASHINGTON, April 25 (Reuters) - A top US bank regulator opted not to consider new rules that would have imposed stricter oversight on asset managers with sizeable investments in banks, even as agency officials agreed the matter merited more attention. The Federal Deposit Insurance Corporation postponed votes on two competing proposals that would have allowed the agency to conduct more...