(Reuters) – Apple Inc’s vice president of services, Peter Stern, has informed colleagues that he is leaving the company, the…
Lululemon Athletica sees margin squeeze in holiday quarter; shares slump
By Granth Vanaik (Reuters) -Lululemon Athletica Inc forecast a decline in holiday-quarter gross margins on Monday as the apparel maker…
U.S. FAA proposes requiring 5G safeguards on planes by early 2024
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) said Monday it is proposing a requirement that passenger…
U.S. asks Tesla about Musk tweet on driver monitoring function
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) Monday said it was in contact with Tesla…
Mattel reannounces recall of Rock ‘n Play sleepers after more infant deaths
(Reuters) – Mattel Inc’s Fisher-Price brand on Monday reannounced the recall of about 4.7 million “Rock ‘n Play” sleepers, following…
Abercrombie, American Eagle lift holiday sales expectations
By Deborah Mary Sophia (Reuters) -Abercrombie & Fitch Co and American Eagle Outfitters Inc raised their sales forecasts for the…
UK commercial property values drop in 2022, wiping out 2021 gains – data
By Elizabeth Howcroft and Carolyn Cohn LONDON (Reuters) -UK commercial property capital values decreased by 13.3% as a whole in…
Analysis-UK housebuilders may cut dividends as surging rates deter buyers
By Aby Jose Koilparambil (Reuters) – British housebuilders may cut dividends to preserve cash and ride out a property downturn,…
BoE’s Pill sees risk of persistent inflation, even if gas prices fall
By David Milliken LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Monday that Britain is at risk…
Disney asks employees to work from office four days a week – CNBC
(Reuters) – Walt Disney Co’s top boss Bob Iger told employees to return to corporate offices four days a week…