Business News

(Reuters) – Australia’s competition regulator on Wednesday re-authorised Qantas Airways Ltd and its budget arm Jetstar Airways Pty Ltd for a five-year continued coordination for two Jetstar Asian-based joint ventures …

By Dietrich Knauth (Reuters) -A Johnson & Johnson subsidiary is again asking a U.S. judge to pause tens of thousands of lawsuits alleging the company’s baby powder and other talc …

By Svea Herbst-Bayliss (Reuters) – Staple Street Capital Group LLC, the small buyout firm that owns Dominion Voting Systems, has scored a $787.5 million windfall after Fox Corp settled a …

By Blake Brittain (Reuters) – Unilever’s “I Can’t Believe It’s Not Butter!” spray is governed by different U.S. Food and Drug Administration regulations than butter and similar products, a U.S. …

(Reuters) -Western Alliance Bancorp on Tuesday posted stronger-than-expected earnings and said its deposits had stabilized after the March banking crisis, news that boosted its shares and other U.S. regional banks in …

(Reuters) – Australian financial services firm AMP Ltd said on Wednesday net cash outflows for its flagship Australian wealth management business were 30% lower in the March quarter, while the …

By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department on Tuesday said it had reached a settlement with General Motors Co to resolve the department’s allegation that the automaker discriminated …

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices were little changed on Tuesday as upbeat economic data in No. 2 oil consumer China offset concerns that possible increases in U.S. …

By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – The S&P 500 eked out a slim gain on Tuesday after strength in some big technology stocks countered disappointing quarterly …

By Dawn Chmielewski (Reuters) -Netflix Inc is winding down its DVD-by-mail business, the company said in a blog post on Tuesday, ending the service it started around 25 years ago. …

By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines Holdings Inc on Tuesday forecast a profit for the second quarter and retained its earnings outlook for the full year on “strong” …

By M. Sriram and Tanvi Mehta MUMBAI (Reuters) -About 300 people queued at Apple’s store in Mumbai on Tuesday, as fans took selfies with Chief Executive Tim Cook, who inaugurated …

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Whisper it, but Wednesday could be a pretty quiet day in Asia after …

(Reuters) – WeWork Inc said on Tuesday that it had received a non-compliance notice from the New York Stock Exchange, as its stock traded below $1 over a 30 day …

(Reuters) -Transport Canada said on Tuesday Hyundai Auto Canada Corp pleaded guilty to six different counts of criminal charges for violating the Motor Vehicle Safety Act. Hyundai Auto Canada failed …

By Rajesh Kumar Singh and Aishwarya Nair (Reuters) -Southwest Airlines Co’s said a technology failure caused a one-hour nationwide stoppage of its flights on Tuesday, another snafu for the carrier …

LONDON (Reuters) – WhatsApp and other messaging services have united to oppose Britain’s plan to force tech companies to break end-to-end encryption in private messages in its proposed internet safety …

WASHINGTON (Reuters) – Leaders of the U.S. Federal Trade Commission said on Tuesday the agency would pursue companies who misuse artificial intelligence to violate laws against discrimination or be deceptive. …

By Chris Prentice NEW YORK (Reuters) – A committee of U.S. lawmakers on Tuesday said troubled Swiss bank Credit Suisse Group hampered a multiyear investigation into the servicing of Nazi …

By Nupur Anand, Niket Nishant and Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group Inc’s profit fell 19% as dealmaking and bond trading slumped in the first quarter and it …

By Ann Saphir (Reuters) – The boards of directors at the Cleveland, St. Louis and Minneapolis Federal Reserve banks had wanted a half-point interest-rate hike before the mid-March collapse of …

By Chris Prentice and Hannah Lang NEW YORK (Reuters) -Robo-adviser Betterment LLC has agreed to pay $9 million to settle U.S. Securities and Exchange Commission charges related to misstatements, as …

By Davide Barbuscia NEW YORK (Reuters) -The U.S. government’s deadline to raise the $31.4 trillion debt ceiling could be sooner than expected, raising the prospect of a short-term debt limit …

By Manya Saini and Saeed Azhar (Reuters) – Bank of America Corp’s first-quarter profit beat analysts’ estimates as it collected hefty interest payments from customers and its bond traders had …

By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) -The U.S. and Britain should make their rules for the crypto industry much clearer to prevent firms from developing in “offshore havens”, …