By Niket Nishant (Reuters) – Jack Dorsey-led payments technology firm Block could become a formidable…
Category: Business
Michigan lowers incentives for Ford EV battery plant to match reduced output
By Nora Eckert DETROIT (Reuters) – Ford Motor is receiving a reduced incentive package from…
Boeing deliveries drop 27% in June year-on-year
By Allison Lampert (Reuters) – Boeing said on Tuesday it delivered more commercial jets in…
Citi to cease operations in Haiti after 50 years
(Reuters) -Citigroup will wind up its operations in Haiti due to weak demand from institutional…
Metro Bank says it is in talks on potential mortgage portfolio sale
(Reuters) – British lender Metro Bank said on Monday it was in talks about a…
Walmart must face lawsuit over deceptive pricing in stores
By Jonathan Stempel (Reuters) – Walmart must face a lawsuit claiming it often charges higher…
Amazon to wind down its Astro for Business security robot
(Reuters) -Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for…
Saks owner to buy Neiman Marcus with help from Amazon, WSJ reports
(Reuters) -The parent of Saks Fifth Avenue sealed a $2.65 billion deal to buy rival…
Apple poised to get OpenAI board observer role as part of AI pact, Bloomberg News reports
(Reuters) – Apple will get an observer role on OpenAI’s board as part of a…
Walmart has held talks to sell its shuttered medical clinics, Fortune reports
(Reuters) – Walmart has held talks with potential buyers to sell its already shuttered medical…