Amazon duped millions of consumers into enrolling in Prime, US FTC says
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions of consumers into…
Day: June 21, 2023
Wall Street extends sell-off as Powell hints at further rate hikes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s congressional…
Wall Street ends lower, pausing rally as Powell testimony looms
By Stephen Culp NEW YORK (Reuters) – U.S. stocks softened on Tuesday, closing in negative territory as investors began the…
Private equity-backed Savers Value Village targets $2.7 billion valuation in US IPO
(This June 20 story has been refiled to spell out the name of Healthcare of Ontario Pension Plan in paragraph…
FedEx paring costs, grounding more planes as margin pressure persists
(This June 20 story has been corrected to change share repurchase figure to $2 billion, from $2 million, in paragraph…
Crews searching for Titanic submersible detect sounds- US Coast Guard
By Joseph Ax and Brendan O’Brien (Reuters) – Canadian aircraft detected underwater noises in the North Atlantic in the search…