by New Posts | Jan 17, 2025 | Business
By Jonathan Stempel(Reuters) – A new lawsuit accuses Procter & Gamble of deceiving Charmin purchasers with misleading environmental claims, known as greenwashing, about how it sources its toilet paper.In a proposed class action on Thursday, eight consumers...
by New Posts | Jan 16, 2025 | Business
By Akash Sriram and Marie Mannes(Reuters) -Polestar’s new CEO said on Thursday it would take longer for the Swedish electric-vehicle maker to be profitable and delayed its expansion of sales to more countries. The company’s U.S.-listed shares fell nearly...
by New Posts | Jan 16, 2025 | Business
(Reuters) – Symbotic’s shares jumped about 14% on Thursday after the automation firm said it would buy Walmart’s robotics business for $200 million as part of an agreement to expand the retailer’s automated supply chain.The company said it...
by New Posts | Jan 15, 2025 | Business
By Mimosa SpencerPARIS (Reuters) – Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather handbags and other designer fashions, given forecasts for more market...
by New Posts | Jan 13, 2025 | Business
(Reuters) -Eli Lilly said on Monday it plans to buy Scorpion Therapeutics’ experimental cancer therapy for up to $2.5 billion in cash to expand its pipeline of cancer treatments.The company will acquire Scorpion’s experimental oral therapy, STX-478, which...
by New Posts | Jan 13, 2025 | Business
By Jonathan StempelNEW YORK (Reuters) – A unit of Bank of Montreal agreed to pay $40.7 million to settle U.S. Securities and Exchange Commission charges that it failed to supervise employees who misled investors about the attractiveness of mortgage-backed bonds...
