Business News

By Lucia Mutikani WASHINGTON (Reuters) – U.S. manufacturing output barely rose in August amid a decline in motor vehicle production, and activity could contract in the months ahead after the …

By Chris Prentice and Jonathan Stempel (Reuters) – The former head of Wells Fargo’s retail bank on Friday avoided prison time after pleading guilty to an obstruction charge related to …

By Matt Tracy (Reuters) – U.S. junk-rated companies are using a more favorable debt issuance window this year to extend billions of dollars of short-term liabilities. But they were doing …

By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar was lower on Friday, after data showing a dip in consumer sentiment, but the greenback was still poised for a …

By Amy-Jo Crowley LONDON (Reuters) – The owners of All3Media have formally kicked off a sale process for the British television production company, five people familiar with the matter told …

By Diane Bartz WASHINGTON (Reuters) – The Justice Department’s first witness when the government kicks off the second week of the Google antitrust trial will be a Verizon executive, who …

By Dawn Chmielewski, Kanjyik Ghosh and Dimpal Gulwani (Reuters) -Media entrepreneur Byron Allen has made a $10 billion bid to buy Walt Disney’s ABC television network and assets including the …

By Eric Cox and Kevin Krolicki WAYNE, Michigan (Reuters) -Striking auto workers converged on a Ford assembly plant on the outskirts of Detroit on Friday morning to show their support …

BRUSSELS (Reuters) – Pfizer’s $43 billion bid for Seagen will be decided by EU antitrust regulators by Oct. 19, a regulatory filing showed on Friday. U.S. pharmaceutical company Pfizer announced …

(Corrects length of time for actors’ strike in fifth-to-last paragraph) By Joseph White (Reuters) – He is known to quote the Bible and Nation of Islam civil rights leader Malcolm …

(Reuters) – Grocery delivery app Instacart raised its proposed price range for its initial public offering (IPO) on Friday, revising its terms to target a fully-diluted valuation of up to …

By Elizabeth Pineau and Tassilo Hummel PARIS (Reuters) -Apple pledged on Friday to update software on iPhone 12s in France to settle a dispute over radiation levels, but concerns in …

By Dan Burns (Reuters) -A walkout by more than 12,000 autoworkers on Friday could slow an outperforming U.S. economy should it drag on – even risking the first monthly net …

By Jeff Mason WASHINGTON (Reuters) – Chief executives from a wide array of U.S. companies met White House Chief of Staff Jeff Zients on Thursday to discuss refugee resettlement and …

By Nichola Groom (Reuters) – President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may be unattainable due to …

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Options contracts on SoftBank’s Arm Holdings, will debut on Nasdaq’s exchanges on Monday, offering investors a new way to bet on the fortunes …

By Dietrich Knauth NEW YORK (Reuters) – Yellow Corp received U.S. bankruptcy court approval on Friday to sell its vehicle fleet by October, while continuing to market its real estate …

(Reuters) – German premium footwear maker Birkenstock Holding’s revenue jumped 21% in the nine months ended June 30, it said in updated paperwork for a U.S. stock market listing on …

By Elizabeth Howcroft and Raphael Satter LONDON (Reuters) – Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. CoinEx, which says it …

MEXICO CITY (Reuters) – General Motors’ Mexican plants will continue operating as normal despite strike action by U.S. union workers, the company said in a statement on Friday. The United …

By Granth Vanaik and Juveria Tabassum (Reuters) – The Canadian prime minister’s warning of new taxes that might be imposed on national grocery chains is unlikely to solve the problem …

By Jonathan Stempel (Reuters) – Google agreed to pay $155 million to settle claims by California and private plaintiffs that the search engine company misled consumers about how it tracks …

By Chibuike Oguh NEW YORK (Reuters) – Shares of Planet Fitness Inc fell as much as 16% to a three-year low on Friday after the gym operator announced that Chief …

MILAN (Reuters) -Unions called for a one-day strike at Stellantis’ Melfi plant in southern Italy on Sept. 18 over lack of new details by the carmaker about its future production …