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Category: Business

LL Bean agrees to injunction to end Skechers shoe lawsuit
Business

LL Bean agrees to injunction to end Skechers shoe lawsuit

By Jonathan Stempel NEW YORK (Reuters) – LL Bean, the clothing and outdoor gear company, agreed to stop selling a…

December 26, 2024January 29, 2025
MetLife expands asset management arm with up to $1.2 billion deal for PineBridge
Business

MetLife expands asset management arm with up to $1.2 billion deal for PineBridge

(Reuters) -The asset management arm of U.S. insurer giant MetLife has agreed to buy PineBridge Investments from Hong Kong billionaire…

December 23, 2024January 29, 2025
Nordstrom family will take retailer private in $4 billion deal
Business

Nordstrom family will take retailer private in $4 billion deal

By Savyata Mishra and Juveria Tabassum (Reuters) -The Nordstrom family teamed up with Mexican retailer Liverpool to clinch a $4…

December 23, 2024January 29, 2025
Elon Musk’s X lifts price for premium-plus tier to pay creators
Business

Elon Musk’s X lifts price for premium-plus tier to pay creators

(Reuters) – Elon Musk-owned X raised the price of its premium-plus plan in several markets from Dec. 21 as the…

December 23, 2024January 29, 2025
Apple approaches $4 trillion valuation as investors bet on AI momentum
Business

Apple approaches $4 trillion valuation as investors bet on AI momentum

By Shashwat Chauhan and Medha Singh (Reuters) -Apple is closing in on a historic $4 trillion stock market valuation, powered…

December 23, 2024January 29, 2025
Exclusive-Microsoft works to add non-OpenAI models into 365 Copilot products, sources say
Business

Exclusive-Microsoft works to add non-OpenAI models into 365 Copilot products, sources say

By Anna Tong and Krystal Hu Microsoft has been working on adding internal and third-party artificial intelligence models to power…

December 23, 2024January 29, 2025
Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
Business

Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue

(Reuters) -Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire…

December 20, 2024January 29, 2025
Soccer-Netflix inks US broadcast deal with FIFA for 2027 and 2031 women’s World Cups
Business

Soccer-Netflix inks US broadcast deal with FIFA for 2027 and 2031 women’s World Cups

NEW YORK (Reuters) – FIFA and Netflix have signed a deal to broadcast the 2027 and 2031 editions of the…

December 20, 2024January 29, 2025
Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue
Business

Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue

(Reuters) -Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire…

December 20, 2024January 29, 2025
Business

US asks Nvidia to probe how its chips ended up in China, Information reports

(Reuters) -The U.S. Department of Commerce has recently asked Nvidia to look into how the company’s products ended up in…

December 19, 2024

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