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Biden administration urges US Supreme Court to reject Musk appeal in SEC dispute
Domestic

Biden administration urges US Supreme Court to reject Musk appeal in SEC dispute

By John Kruzel WASHINGTON (Reuters) – President Joe Biden’s administration on Friday urged the U.S. Supreme Court to turn away…

March 22, 2024March 23, 2024
Nike, Lululemon sink as annual forecasts disappoint
Business

Nike, Lululemon sink as annual forecasts disappoint

By Savyata Mishra (Reuters) -Nike shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in…

March 22, 2024March 23, 2024
Walmart-backed tech firm Ibotta files for US IPO
Business

Walmart-backed tech firm Ibotta files for US IPO

(Reuters) – Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it said in a…

March 22, 2024March 22, 2024
Nike warns of revenue dip as it cuts back on key products
Business

Nike warns of revenue dip as it cuts back on key products

By Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike warned on Thursday that its revenue in the first half of…

March 22, 2024March 22, 2024
Amazon appeals $34.6 million fine by French regulator over staff monitoring
Business

Amazon appeals $34.6 million fine by French regulator over staff monitoring

(Reuters) – E-commerce giant Amazon.com said on Friday it has appealed French regulator CNIL’s decision to fine the company 32…

March 22, 2024March 22, 2024
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
Business

FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%

By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end…

March 21, 2024March 21, 2024
Looming US stock changes could cause headaches for international funds
Economy

Looming US stock changes could cause headaches for international funds

By Laura Matthews and Sinead Cruise NEW YORK/LONDON (Reuters) – The looming introduction of a shorter settlement cycle for U.S.…

March 21, 2024March 21, 2024
BlackRock urges Texas fund managers to reconsider after $8.5 billion divestment
Business

BlackRock urges Texas fund managers to reconsider after $8.5 billion divestment

By Isla Binnie NEW YORK (Reuters) -A senior BlackRock executive said on Thursday the world’s largest asset manager was “dismayed”…

March 21, 2024March 21, 2024
Apollo offers $11 billion for Paramount’s Hollywood studio, source says
Business

Apollo offers $11 billion for Paramount’s Hollywood studio, source says

By Dawn Chmielewski (Reuters) – Private equity firm Apollo Global Management has offered $11 billion for Paramount Global’s Paramount Pictures…

March 21, 2024March 21, 2024
Nuclear fusion backers meet in US capital as competition with China looms
Top News

Nuclear fusion backers meet in US capital as competition with China looms

By Timothy Gardner WASHINGTON (Reuters) -Leaders in the emerging Western nuclear fusion industry are convening in Washington, D.C., this week…

March 20, 2024March 20, 2024

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