Rite Aid files for bankruptcy faced with high debt, opioid lawsuits
By Abinaya V and Dietrich Knauth (Reuters) -Debt-laden U.S. drugstore chain Rite Aid filed for bankruptcy protection late on Sunday…
Dollar drops against euro, flat against yen
By Karen Brettell NEW YORK (Reuters) – The dollar was mixed on Monday before a week heavy with speeches by…
FBI says US murders dropped in 2022, but theft rose
(Reuters) – Violent crimes including murder and rape declined in the United States in 2022 from a year earlier, but…
EU urges reforms, single market in Western Balkans to boost membership bids
TIRANA (Reuters) – The European Union wants to bring six Western Balkan countries closer to membership of the bloc but…
Walmart staffed up for holidays; US retailers cautious about economy
By Siddharth Cavale NEW YORK (Reuters) – Walmart signaled it has enough staff for the holidays, in another sign that…
Exclusive-US tackles loopholes in curbs on AI chip exports to China – official
By Karen Freifeld (Reuters) -The U.S. will take steps to prevent American chipmakers from selling semiconductors to China that circumvent…
UAW strike could upend GM, Ford financial strategies
By Joseph White DETROIT (Reuters) – General Motors and Ford have laid out ambitious plans to spend billions developing new…
Factbox-Rite Aid joins companies going bankrupt amid opioid litigation
(Reuters) – Drugstore chain Rite Aid is the latest U.S. company to seek bankruptcy protection following pressure from lawsuits alleging…
Snap shares jump as leaked 2024 user target exceed Wall St expectations
(Reuters) – Snap shares jumped 11% on Monday after a media report said the social media company is expected to…
Industrial metals to remain vulnerable to more softness near-term, says Goldman
(Reuters) – Goldman Sachs on Monday said it expects industrial metals markets to remain vulnerable to incremental softness in the…