By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 ended little changed on Friday, but the index registered its biggest…
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…
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…
US Senate takes up $1.2 trillion bill to avoid shutdown, midnight deadline looms
By David Morgan, Richard Cowan and Makini Brice WASHINGTON (Reuters) -The Democratic-majority U.S. Senate on Friday was trying to pass…
Apple held talks with China’s Baidu over AI for its devices, WSJ reports
(Reuters) -Apple has held preliminary talks with Baidu <9888.HK> about using the Chinese company’s generative artificial-intelligence technology in its devices…
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…
Wall Street hits record closing highs on rate-cut optimism; chip sector rallies
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) – Wall Street’s three major stock indexes on Thursday registered record closing…
Lululemon warns of slowing North America sales as spending falters
By Annett Mary Manoj (Reuters) -Lululemon Athletica forecast annual revenue and profit below expectations on Thursday as demand wanes for…
Wall Street advances with Nvidia and Fed meeting in focus
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s three major indexes closed higher on Tuesday after shares in…
SpaceX to sell satellite laser links that speed in-space communication to rivals
By Joey Roulette WASHINGTON (Reuters) -SpaceX has started selling satellite lasers, which are used for speedy in-space communications, to other…