Emerson Electric boosts 2024 profit view on measurement tools demand
(Reuters) – Emerson Electric raised its full-year profit forecast on Wednesday on steady demand in its unit that makes valves,…
Year: 2024
Google fights $17 billion UK lawsuit over adtech practices
LONDON (Reuters) – Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of…
Apple unveils new AI-focused chip in upgraded iPad Pro
By Stephen Nellis (Reuters) -Apple unveiled its latest iPad Pro on Tuesday with a new chip for artificial intelligence computing…
TikTok lawsuit tees up novel court fight over US ban
By Mike Scarcella (Reuters) -TikTok’s new lawsuit to block a U.S. law forcing the social media company’s Chinese parent to…
Disney reports shrinking TV business, shares tumble
By Lisa Richwine and Sheila Dang LOS ANGELES (Reuters) -Walt Disney’s surprise profit in its streaming entertainment division was eclipsed…
Explainer-Why is the US government trying to ban TikTok or force Bytedance to divest?
WASHINGTON (Reuters) -TikTok and its owner Bytedance on Tuesday sued to stop a law that would give its Chinese parent…
Microsoft’s Xbox shuts multiple studios, consolidates teams in cost-cutting move
(Reuters) – Microsoft’s Xbox is shutting down a number of gaming studios including Arkane Austin, making it the latest publisher…
Boeing Starliner capsule’s first crewed test flight postponed over Atlas rocket glitch
By Joey Roulette and Steve Gorman CAPE CANAVERAL, Florida (Reuters) – The long-awaited first crewed test flight of Boeing’s Starliner…
Tyson Foods shares suffer worst one-day decline in a year over demand concerns
By Tom Polansek and Granth Vanaik (Reuters) -Tyson Foods shares suffered their worst one-day decline in a year on Monday…
Robinhood Crypto gets Wells notice from US SEC
(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice from the U.S. Securities and…