By Foo Yun Chee BRUSSELS (Reuters) – Visa and Mastercard will extend caps on tourist card fees agreed five years…
Oil prices slip after data points to cooling U.S. economy
By Katya Golubkova TOKYO (Reuters) – Oil prices fell in early trade on Thursday after U.S. employment and business activity…
Arkhouse, Brigade Capital raise buyout offer for Macy’s to $6.9 billion, WSJ reports
(Reuters) -Arkhouse Management and Brigade Capital Management have raised their bid to buy Macy’s for about $6.9 billion, the Wall…
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…
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…
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…
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…
AI is changing banking, UBS executive says
ZURICH (Reuters) – UBS is seeing a shift in the way clients are interacting with their bankers powered by artificial…
‘Roaring Kitty’ is sued for alleged GameStop manipulation
By Jonathan Stempel NEW YORK (Reuters) – Keith Gill, the investor known as “Roaring Kitty” who helped spur the meme…
Amazon sidesteps carbon offset standard Bezos helped fund
By Virginia Furness (Reuters) – Amazon has become the first company to sidestep a global standard for verifying carbon offsets…