(Reuters) -Amazon.com is shelving several private clothing brands, a source familiar with the matter said on Thursday, as the e-commerce…
Robinhood defeats investors’ appeal over meme stock frenzy
By Jonathan Stempel (Reuters) – Robinhood Markets on Thursday defeated an appeal by investors over the stock trading platform’s decision…
Ford exec expects software to boost revenue for commercial trucks, vans
By Paul Lienert (Reuters) – Ford Motor expects to incorporate more and better software into the trucks and vans in…
US FDA approves Johnson & Johnson’s blood cancer therapy
By Mariam Sunny (Reuters) -Johnson & Johnson said on Thursday the U.S. Food and Drug Administration had approved its antibody-based…
Once worth $47 billion, WeWork shares near zero after bankruptcy warning
By Abhijith Ganapavaram and Shivansh Tiwary (Reuters) -WeWork shares approached zero on Wednesday after the one-time startup darling warned it…
White House launches AI-based contest to secure government systems from hacks
By Zeba Siddiqui SAN FRANCISCO (Reuters) – The White House on Wednesday said it had launched a multimillion-dollar cyber contest…
Congresswoman Waters ‘deeply concerned’ about PayPal’s stablecoin launch
(Reuters) – Democrat Congresswoman Maxine Waters said on Wednesday she was “deeply concerned” about payment giant PayPal launching its own…
China’s uneven recovery may deepen demand worries for U.S. luxury goods makers
By Deborah Mary Sophia and Ananya Mariam Rajesh (Reuters) – U.S. luxury companies including Michael Kors-owner Capri and Estee Lauder…
Rivian lifts 2023 EV production target, reassures on liquidity
By Abhirup Roy and Akash Sriram (Reuters) – Rivian Automotive on Tuesday raised its full-year production forecast, and its chief…
Lyft falls as fears of price war with Uber overshadow strong forecast
By Yuvraj Malik (Reuters) -Lyft signaled on Tuesday it would double down on competitive pricing to catch up with larger…