by iwd | Aug 17, 2024 | Economy
(Reuters) – Speculators raised their net short bets on five-year Treasuries to the largest on record in the latest week, while bearish bets on 10-year Treasury futures were the largest since January, according to data by the Commodity Futures Trading Commission...
by iwd | Aug 17, 2024 | General
By Jonathan StempelNEW YORK (Reuters) – Starbucks has been sued for a third time by a company that accused the coffee chain of stealing its concept for coffee-flavored lipstick and lip gloss.Balmuccino, whose leaders have included a sister-in-law of TV doctor...
by iwd | Aug 17, 2024 | Business
SAO PAULO (Reuters) – Media platform X said on Saturday it would close its operations in Brazil “effective immediately” due to what it called “censorship orders” from Brazilian judge Alexandre de Moraes.X claims Moraes secretly threatened...
by iwd | Aug 16, 2024 | Business
(Reuters) -Ford Motor is recalling about 85,000 Explorer SUVs equipped with the Police Interceptor Utility package over concerns of an engine fire, the National Highway Traffic Safety Administration said on Friday.In the event of an engine failure, engine oil and fuel...
by iwd | Aug 16, 2024 | Uncategorized
(Reuters) – U.S. investors cut their equity fund holdings and boosted safer positions in the seven days to Aug. 14 amid persistent concerns over an economic slowdown and recent market volatility.Investors withdrew a net $8.92 billion from U.S. equity funds in...
by iwd | Aug 16, 2024 | General
By Jody Godoy(Reuters) – As Vice President Kamala Harris focuses on price gouging in her presidential campaign, state laws and laws proposed by her colleagues in the Senate show potential paths for a crackdown on high prices.The Democratic candidate planned to...
by iwd | Aug 16, 2024 | General
WASHINGTON (Reuters) – U.S. President Joe Biden on Friday said “we are closer than we’ve ever been” to a ceasefire in Gaza “but we’re not there yet,” as talks in the region paused until next week.”I don’t want to...
by iwd | Aug 14, 2024 | Business
(Reuters) – Fast-food chain Shake Shack and Serve Robotics are partnering to use autonomous sidewalk robots to deliver orders placed on Uber Eats, the companies said on Wednesday. The partnership will cover select Shake Shack restaurants in Los Angeles, the...
by iwd | Aug 14, 2024 | Business
(Reuters) – Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also significantly cut its huge stake in Apple.Berkshire owned about 690,000 Ulta Beauty...
by iwd | Aug 14, 2024 | Business
By Sriparna Roy and Christy Santhosh(Reuters) -Eli Lilly has sent cease-and-desist letters to U.S. healthcare providers in recent days to stop the promotion of the compounded versions of its drugs for weight loss and diabetes, as their supply increases, the company...
