WOODBRIDGE, Va. (Reuters) – “Festering” inflation remains a bigger threat to the economy than the risks of Federal Reserve rate […]
Peloton, Lululemon settle lawsuit over women’s apparel line
By Jonathan Stempel NEW YORK (Reuters) – Peloton Interactive Inc has reached a settlement of a lawsuit in which Lululemon […]
Kroger seeks to end deal with Cigna’s Express Scripts over drug pricing
(Reuters) – Grocery retailer Kroger Co said on Friday it has sent Cigna Corp’s subsidiary Express Scripts a written notice […]
Nike slumps on margin warning; analysts fear more pain across sector
By Deborah Mary Sophia and Medha Singh (Reuters) -Shares of Nike Inc hit 2-1/2 year lows on Friday and rattled […]
U.S. consumers spurn cars, couches and cruises, results show
By Mehr Bedi (Reuters) – U.S. consumers are exhibiting fragility ahead of the peak period for corporate results next month, […]
In absence of EU gas price cap, some countries plan to propose their own
By Kate Abnett BRUSSELS (Reuters) – A group of European Union countries will take the unusual step of drafting their […]
IMF says Ukraine war prompts worst global food crisis since at least 2008
By David Lawder WASHINGTON (Reuters) -The Ukraine war’s disruptions to grain and fertilizer flows have prompted the worst food security […]
E-moped firm out to win over West Africa’s sceptical moto-taxi drivers
By Pulcherie Adjoha and Seraphin Zounyekpe COTONOU (Reuters) – Shrouded in exhaust fumes, Arouna Gdamassi slid silently among the motorcycles […]