Nike shares jump on leaner inventory, better margins outlook
By Savyata Mishra (Reuters) -Nike shares climbed as much as 11% on Friday as the company further trimmed its inventory…
Year: 2023
Factbox-US government shutdown: What closes, what stays open?
(Reuters) -U.S. government services would be disrupted and hundreds of thousands of federal workers would be told not to work…
Tesla’s deliveries expected to fall on plant shutdowns, soft demand
By Aditya Soni (Reuters) – Tesla may miss estimates for third-quarter deliveries due to planned factory shutdowns and soft demand…
Republicans open Biden impeachment inquiry with focus on son’s business dealings
By Makini Brice and Andy Sullivan WASHINGTON (Reuters) -Republicans leading an impeachment inquiry of President Joe Biden detailed foreign payments…
In Tesla trial over Autopilot fatality, lawyer cites ‘experimental vehicles’
By Dan Levine and Hyunjoo Jin SAN FRANCISCO (Reuters) -The lawyer representing victims of a fatal crash of a Tesla…
Uber, DoorDash lose bid to block NYC minimum wage for delivery workers
By Daniel Wiessner (Reuters) -A New York state judge on Thursday rejected a bid by Uber Technologies Inc, DoorDash Inc…
GameStop names billionaire Ryan Cohen as CEO in turnaround push
By Aditya Soni (Reuters) -GameStop on Thursday named billionaire Ryan Cohen as its CEO and chairman, tightening the activist investor’s…
Former Goldman, Blackstone analyst charged with insider trading
By Jonathan Stempel NEW YORK (Reuters) -U.S. prosecutors on Thursday announced criminal insider trading charges against a former Goldman Sachs…
Apple asks US Supreme Court to strike down Epic Games order
By Stephen Nellis (Reuters) – Apple on Thursday asked the U.S. Supreme Court to strike down an order requiring changes…
Oil climbs 3% as steep US crude stocks draw adds to supply concerns
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices surged 3% on Wednesday to the highest settlement in 2023, after a…