Walmart must face lawsuit over deceptive pricing in stores
By Jonathan Stempel (Reuters) – Walmart must face a lawsuit claiming it often charges higher prices at the register than…
Category: Business
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 small- and medium-sized businesses as…
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 Neiman Marcus with help from…
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 landmark AI agreement announced last…
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 clinics, Fortune reported on Tuesday,…
EV maker Rivian denies media report on production talks with VW
SAN FRANCISCO (Reuters) -Rivian denied a media report on Tuesday that said the U.S. electric vehicle company was in early…
Exclusive-AI coding startup Magic seeks $1.5-billion valuation in new funding round, sources say
By Anna Tong and Krystal Hu (Reuters) – Magic, a U.S. startup developing artificial-intelligence models to write software, is in…
Tesla deliveries set to fall for second straight quarter
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla’s June-quarter deliveries likely fell 3.7%, the first time the top EV…
Trading app Robinhood says working to resolve service interruption
(Reuters) – Robinhood said on Monday it was working to resolve an issue causing service interruptions for some users on…
Boeing to buy Spirit Aero for $4.7 billion in effort to tackle quality lapses
(Reuters) -Boeing has agreed to buy back Spirit AeroSystems for $4.7 billion in stock, ending the near-two-decade independence of the…