Clear 44°. Wind: E 17 mph.
Loading advertisement…
Trending: Major winter storm predicted to bring snow, ice to Midwest and Northeast
HomeNewsNationalBusiness ( Page 409)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

H&M launches first store in Brazil with local manufacturing ambitions

(Fixes spelling error in headline) By Luciana Magalhaes SAO PAULO (Reuters) -Swedish fast-fashion retailer H&M opened its first physical store in Brazil on Saturday and launched online operations in the country, where it is already producing some items locally, including footwear and beachwear, an executive ...
by

As bikes and strollers fill Central Park, its managers want to push horse carriages out

NEW YORK (AP) — For more than 150 years, horse-drawn carriages have been trotting through Manhattan’s Central Park, weathering the arrival of the automobile, years of criticism from animal rights activists and even a mayoral administration that vowed to ban the tourist activity. But ...
by

Coca-Cola exploring sale of Costa Coffee, Sky News reports

(Reuters) -U.S. soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, which it acquired in 2018 for over $5 billion, Sky News reported on Saturday. Reuters could not immediately verify the report. ...
by

India says US trade negotiations are still going on as fresh tariffs loom

MUMBAI (Reuters) -India’s foreign minister said on Saturday that trade negotiations with Washington are continuing but there are lines that New Delhi needs to defend, just days before hefty additional U.S. tariffs are due to hit. Indian goods face additional U.S. tariffs of up to ...
by

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands. For months, Powell has ...
by

Rural Colorado mourns 6 who died from suspected gas exposure at dairy farm

Six workers who died in what authorities suspect was exposure to gas at a dairy farm include a 50-year-old father and two sons, an incident that left rural Colorado communities in mourning. Weld County Chief Deputy Coroner Jolene Weiner on Friday confirmed the identities of ...
Loading advertisement…
by

China proposes draft rules on internet platform pricing

SHANGHAI (Reuters) -China proposed rules for internet platform pricing on Saturday, seeking public comment after a raft of complaints by merchants and consumers of unfair or misleading pricing by big platforms. The draft rules for platforms selling goods or services are meant to encourage price ...
by

Taiwan’s Yageo raises offer price for Japan’s Shibaura to 7,130 yen/share to further outbid rival

TOKYO (Reuters) -Taiwan’s Yageo on Saturday raised its tender offer for Japan’s Shibaura Electronics by 7.5% to 7,130 yen per share, and extended the offer period to September 8. Yageo is in an escalating bidding war with Japanese components maker Minebea Mitsumi for Shibaura, a ...
by

Exclusive-Databricks to buy Sequoia-backed Tecton in AI agent push 

By Krystal Hu (Reuters) -Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for enterprise customers, its chief executive told Reuters on Friday. Tecton, backed by Sequoia Capital ...
by

US halts work on Orsted offshore wind project off Rhode Island

(Reuters) -The Trump administration on Friday ordered Denmark’s Orsted to halt all activities related to its Revolution Wind project off the coast of Rhode Island, according to a letter posted on the website of the Bureau of Ocean Energy Management. The stop work order is ...
by

Meta partners with Midjourney to license AI tech for future products

(Reuters) -Meta has signed a deal with generative AI lab Midjourney to license the startup’s “aesthetic technology” for the social media company’s future models and products. The technical collaboration will link the companies’ research teams, Alexandr Wang, the Facebook parent’s chief AI officer, said on ...
by

Exclusive-Fed’s Musalem says more data is needed to decide whether a September rate cut is warranted

By Howard Schneider JACKSON HOLE, Wyoming (Reuters) -St. Louis Fed President Alberto Musalem said on Friday he will need more data before deciding to support a rate cut at the Fed’s September 16-17 meeting given that inflation is above the Fed’s 2% target and is ...
First Previous405406407408409410411412413Next Last