By Savyata Mishra and Aishwarya Venugopal (Reuters) – Nike is starting to lose share to upstart sneaker brands such as…
Bristol Myers to buy schizophrenia drugmaker Karuna Therapeutics for $14 billion
By Michael Erman and Manas Mishra (Reuters) -Bristol Myers Squibb on Friday agreed to buy Karuna Therapeutics for $14 billion,…
China bans export of rare earths processing tech over national security
By Siyi Liu and Dominique Patton BEIJING (Reuters) – This Dec. 21 story has been corrected to clarify that the…
Wall St ends sharply higher, rebounding with a boost from chips
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed higher on Thursday, winning back much of the previous day’s…
Giuliani seeks bankruptcy after $148 million judgment in defamation case
By Luc Cohen and Dietrich Knauth NEW YORK (Reuters) -Rudy Giuliani filed for bankruptcy on Thursday, just days after he…
Toyota recalling 1.12 million vehicles over potential air bag issue
By David Shepardson WASHINGTON (Reuters) -Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short…
FedEx tumbles after sober results, broader market slips
By Shivansh Tiwary (Reuters) -Shares of FedEx sank 12% on Wednesday following dismal results and an outlook that prompted a…
US ‘buy now, pay later’ splurges raise holiday debt hangover risk
By Lisa Baertlein and Arriana McLymore LOS ANGELES/NEW YORK (Reuters) -Roxanne Ross of Florida is one of a growing number…
Google to pay $700 million to US consumers, states in Play store settlement
By Mike Scarcella (Reuters) -Alphabet’s Google will pay $700 million and revamp its Play app store to allow for greater…
US launches Red Sea force as ships reroute to avoid attacks
By Phil Stewart and John Davison MANAMA/DUBAI (Reuters) – The United States on Tuesday launched a multinational operation to safeguard…