Reuters

Booking Holdings reported higher first-quarter profit on Thursday, as strong demand for international travel offset moderating leisure travel demand in the U.S.

International travel demand is expected to remain strong this year as global air connectivity increases and travelers flock to Asian and Latin American destinations, while demand for domestic travel in North America plateaus.

The Norwalk, Connecticut-based company reported a... (continue reading...)

WASHINGTON (Reuters) - The state of Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed by fall 2028.

The Maryland Department of Transportation said the state's "planning level cost estimate is between $1.7 billion and $1.9 billion" and said it "is in line with similar projects of this scale and complexity."

(Reporting... (continue reading...)

(Reuters) - Rare earths miner MP Materials reported wider-than-expected loss in first quarter on Thursday, hurt by lower concentrate sales and weak prices of the strategic materials. MP processes rock it extracts from its Mountain Pass mine in California into rare earths concentrate. It is the second-biggest producer of rare earths outside China after Australia's Lynas Rare Earths and produces about 15% of the rare earth content consumed annually.

(Reuters) - EOG Resources beat first-quarter profit estimates on Thursday as the oil and gas firm benefited from higher oil production.

Crude oil prices in the quarter mirrored prices from the previous year as production cuts by OPEC+ countries offset lower demand, helping oil producers such as EOG Resources.

Quarterly crude oil and condensate production was up 6.5% at 487,400 barrels of oil per day (bopd) from the previous year.

(Reuters) -Jack Dorsey-led Block posted a jump in first-quarter profit on Thursday as the payments firm benefited from resilient consumer spending and its own cost cuts.

Shares of the company rose 3% in extended trading.

Payments firms have benefited from a tight labor market and wage growth that has allowed Americans to set aside worries of an economic slowdown and continue spending on travel, shopping and dining out.