Amazon duped millions of consumers into enrolling in Prime, US FTC…
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Wednesday…
Month: June 2023
KB Home quarterly revenue rises on higher demand
(Reuters) - KB Home on Wednesday posted a 3% rise in its quarterly revenue, helped by…
Rivian acquires route planning app maker Iternio – CEO
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) - Rivian has acquired Swedish EV…
FedEx paring costs, grounding more planes as margin pressure persists
(This June 20 story has been corrected to change share repurchase figure to $2 billion,…
Inside China’s underground market for high-end Nvidia AI chips
By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) - Psst! Where…
Exclusive-Tesla standard: BTC Power joins move to add to EV chargers
By Abhirup Roy SAN FRANCISCO (Reuters) - BTC Power will add Tesla's standard to its…
UBS faces big penalty over Credit Suisse’s Archegos failings -FT
(Reuters) -UBS Group AG faces hundreds of millions of dollars in penalties over Credit…
US judge orders Enbridge to shut down portions of Wisconsin pipeline…
By Clark Mindock (Reuters) - A U.S. judge has ordered Canadian energy company Enbridge to…
‘Great Resignation’ continues as quarter of workers look…
By Divya Chowdhury MUMBAI (Reuters) - A quarter of workers surveyed by PwC expect to…
Oil falls on uncertainty about Chinese economic growth
By Nia Williams (Reuters) -Oil prices fell on Monday as questions over China's…