By Nicholas P. Brown (Reuters) – At a time when its knack for innovation is in question, Nike on Wednesday announced a project to help
Category: Business
Explainer-What happens to Apple and Meta after the EU fine?
By Supantha Mukherjee STOCKHOLM (Reuters) -European Union antitrust regulators on Wednesday fined Apple 500 million euros ($570 million) and Meta 200 million euros to make
US crude stockpiles post surprise build as imports jump, EIA says
By Stephanie Kelly NEW YORK (Reuters) -U.S. crude oil stockpiles rose unexpectedly last week as imports jumped, while both gasoline and distillate inventories fell more
Gold’s record run gains further traction; market conquers $3,500/oz
By Ashitha Shivaprasad and Anjana Anil (Reuters) -Gold’s remarkable run higher is reaching new heights, with the market touching $3,500 per ounce as confidence in the U.S.
GE Aerospace CEO Culp advocates tariff-free regime for aviation industry
By Rajesh Kumar Singh CHICAGO (Reuters) -GE Aerospace CEO Larry Culp said on Tuesday he advocated re-establishing a tariff-free regime for the aerospace industry under
Reddit back up after outage affecting thousands of users worldwide
(Reuters) -Social media platform Reddit was restored after thousands of users worldwide experienced outages on Monday, according to Downdetector.com. On its status page, Reddit said
DHL to suspend global shipments of over $800 to US consumers
BEIJING (Reuters) -DHL Express, a division of Germany’s Deutsche Post, said it would suspend global business-to-consumer shipments worth over $800 to individuals in the United
China planemaker COMAC starts commercial operation in Vietnam
SHANGHAI ((Reuters)) – Two Chinese-made COMAC aircraft, branded as C909, started flying routes in Vietnam on Saturday, Commercial Aircraft Corporation of China (COMAC), the Chinese
Fed’s Hammack sees steady monetary policy as central bank seeks more data
By Michael S. Derby (Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.
OpenAI is working on X-like social media platform, the Verge reports
(Reuters) -OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar with the matter. The project