(Reuters) – The U.S. Securities and Exchange Commission said on Tuesday it was forming a new cryptocurrency task force to develop a comprehensive and clear regulatory framework for crypto assets.President Donald Trump, a crypto entrepreneur, has pledged his new...
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 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...
(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 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...
(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...
