MILAN (Reuters) – Gucci and Facebook have filed a joint lawsuit in California against an individual who allegedly used the […]
The Nio normal: Chinese electric carmaker seeks to plug buyers into lifestyle app
By Yilei Sun and Tony Munroe SHANGHAI (Reuters) – In Shanghai, aerospace executive Lu Hao didn’t just buy a sleek […]
Investor questions for the Fed: what about inflation, bond buying and rates?
By Saqib Iqbal Ahmed and Kate Duguid NEW YORK (Reuters) – Investors will be scrutinizing the Federal Reserve’s comments at […]
Volkswagen Mexico plans more output stoppages due to chip shortages
MONTERREY, Mexico (Reuters) – Volkswagen’s Mexico unit is planning production stoppages of two of its models next month due to […]
Top U.S. trade negotiator meets Pfizer, AstraZeneca execs on COVID-19 IP waiver
By Andrea Shalal WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Monday met virtually with top executives of drugmakers […]
Tesla edges past Wall Street target as bitcoin sales, environmental credits boost revenue
By Hyunjoo Jin and Akanksha Rana (Reuters) -Electric carmaker Tesla Inc marginally beat Wall Street expectations for first-quarter revenue on […]
CalPERS to back activist’s four director nominees in Exxon board fight
By Svea Herbst-Bayliss and Jennifer Hiller BOSTON (Reuters) -The California Public Employees’ Retirement System (CalPERS) said on Monday it plans […]
GameStop raises $551 million to accelerate e-commerce push, shares jump
(Reuters) – GameStop Corp has raised $551 million through an equity offering as the videogame retailer accelerates its shift to […]
S&P 500, Nasdaq close at record highs ahead of tech earnings wave
By Shivani Kumaresan and Noel Randewich (Reuters) – The S&P 500 and Nasdaq closed at record highs on Monday, fueled […]
Hearing on objections to Amazon union election to start May 7: labor group
(Reuters) – The labor group that did not secure enough votes from Amazon.com Inc warehouse workers in Alabama to form […]