Business News

FRANKFURT (Reuters) -Volkswagen said it was hit by a major IT outage on Wednesday, causing production at the carmaker’s namesake brand in Germany to come to a halt. Volkswagen, Europe’s …

By David Shepardson WASHINGTON (Reuters) -The International Brotherhood of Teamsters union on Wednesday asked U.S. auto safety regulators to deny a petition by General Motors to exempt its autonomous vehicle …

(Reuters) – Ryanair faces broad delivery delays of the 737 Max aircraft as Boeing deals with the latest supplier glitch afflicting the jet, with disruptions poised to linger through mid-2024, …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Sometimes markets get up a head of steam and it …

(Reuters) – Peloton Interactive and Lululemon Athletica said on Wednesday they had entered into a five-year global partnership, sending Peloton’s shares up 16.7% in aftermarket trading. Under the deal, Peloton …

(Reuters) -Uber Technologies on Wednesday named Analog Devices CFO Prashanth Mahendra-Rajah as its finance chief at a time when the ride-hailing company is gearing up for growing competition in the …

SPRING LAKE, NJ – A stunning residence located at 12 Atlantic Avenue has been listed for $4,950,000, offering a rare opportunity to own a piece of coastal luxury just steps …

(Reuters) – Meta Platforms unveiled artificial intelligence-powered chatbots, a new mixed reality headset and Ray-Ban smart glasses at its annual products conference in Menlo Park, California. Here are the key …

LONG BEACH TOWNSHIP, NJ – A newly constructed luxury residence located at 151-B Long Beach Blvd, Long Beach Township, NJ 08008, has been introduced to the market at a listing …

By Jack Queen (Reuters) – The fate of Donald Trump’s business empire hangs in the balance after a New York judge stripped control of key properties from the former U.S. …

By Josh Ye HONG KONG (Reuters) -China’s cyberspace regulator released on Wednesday names of the first batch of mobile app stores that have completed filing business details to regulators, signalling …

By Hannah Lang (Reuters) – Crypto companies are descending on Capitol Hill on Wednesday, but their push to advance industry-friendly laws is likely to be overshadowed by a fight over …

By Sinéad Carew NEW YORK (Reuters) – A global index of stocks closed Wednesday’s choppy session slightly lower to extend the previous day’s sharp sell-off, as oil prices rallied and …

By Giuseppe Fonte and Gavin Jones ROME (Reuters) -The Italian government on Wednesday cut its growth forecasts for this year and next and hiked its budget deficit targets, as rising …

By Milana Vinn (Reuters) -Pros Holdings Inc, a U.S. provider of revenue management software to airlines and other industries, is exploring options that include a potential sale, according to people …

By Jonathan Stempel (Reuters) – Apple was ordered on Wednesday to face a private antitrust lawsuit by payment card issuers accusing the company of thwarting competition for its Apple Pay …

By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK (Reuters) -Shares of marijuana companies gave back early gains on Wednesday after jumping following a U.S. Senate committee voted to advance …

By Karen Brettell and Samuel Indyk NEW YORK (Reuters) – The dollar hit a 10-month high against a basket of major currencies on Wednesday, pushing the euro to an almost …

By Stephen Nellis (Reuters) – Epic Games on Wednesday asked the U.S. Supreme Court to review the antitrust case it brought against Apple, hoping to reverse lower court rulings that …

By Diane Bartz WASHINGTON (Reuters) – The U.S. Federal Trade Commission set a date on Wednesday for its internal judge to hear its arguments on why Microsoft should not be …

BUENOS AIRES (Reuters) – Argentina’s poverty rate rose to 40.1% in the first half of 2023, the government’s INDEC statistics agency said on Wednesday, up from 39.2% in the second …

By Danielle Broadway (Reuters) – Late-night hosts Jimmy Fallon, Stephen Colbert, John Oliver, Seth Meyers and Jimmy Kimmel are bringing their shows back to television next week following the end …

By Katherine Masters NEW YORK (Reuters) -When Nike reports its results for the key back-to-school shopping season on Thursday, investors will be eyeing the performance of its Jordan brand, a …

By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – The Federal Reserve has won the near-term battle against inflation, but interest rates are likely to stay higher for longer, …

(Reuters) – Democratic Senator Elizabeth Warren asked JetBlue CEO Robin Hayes to answer if the low-cost airline privately forecast its planned $3.8 billion merger with Spirit Airlines will dramatically hike …