Business News

By Doyinsola Oladipo and Priyamvada C (Reuters) – Shares of Airbnb Inc fell as much as 6% on Thursday after an online independent publication released a report that probed unpleasant …

By John McCrank NEW YORK (Reuters) – Assets in money market funds have soared to record levels, drawing investors with their safe-haven appeal and yields that far exceed those paid …

By Stephen Culp NEW YORK (Reuters) – U.S. stocks reversed an earlier sell-off to close higher on Thursday, and Treasury yields steadied, as investors digested weak labor market data ahead …

By Mike Stone WASHINGTON (Reuters) -The U.S. Government Accountability Office on Thursday denied Lockheed Martin Corp’s protest of the Army contract for the Future Long Range-Assault Aircraft worth as much …

By Hyunjoo Jin and Paul Lienert San Francisco (Reuters) – Tesla Inc said it plans to expand the use of cheaper, iron-based batteries to a version of its Semi heavy …

By Iain Withers LONDON (Reuters) -Investor advisory firm Glass Lewis has recommended that Barclays’ shareholders vote against its bosses’ pay because of long-term bonuses awarded to one former executive who …

(Reuters) – Canadian telecom companies said on Thursday their services in the southeastern part of the country were impacted due to widespread power outages caused by an ice storm a …

SHANGHAI/SINGAPORE (Reuters) – Morgan Stanley said on Thursday it looks forward to setting up a futures company in China after the country’s securities regulator accepted its application. China Securities Regulatory …

By Nupur Anand and Mehnaz Yasmin (Reuters) – Morgan Stanley Chief Executive James Gorman’s total compensation rose nearly 13% to $39.4 million in 2022 versus a year earlier, according to …

(Reuters) -Utility firms Dominion Energy and National Grid Plc are separately considering a potential sale of parts of their natural gas pipeline networks, the Wall Street Journal reported on Thursday, …

LOS ANGELES (Reuters) – Walt Disney Co Chief Executive Bob Iger promoted marketing President Asad Ayaz to a newly created position of chief brand officer, the company said on Thursday. …

By David Shepardson (Reuters) – Honda Motor said Thursday it is recalling 563,000 CR-V sport utility vehicles sold or registered in cold weather U.S. states because road salt may cause …

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slipped against some major currencies in thin trading Thursday, as investors consolidated positions and pondered how pivotal U.S. jobs data coming …

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were little changed on Thursday but posted a third weekly gain as markets weighed further production cuts targeted by OPEC+ and falling U.S. …

By Kanishka Singh WASHINGTON (Reuters) -The United States and Microsoft Corp reached a settlement on Thursday over the tech firm’s apparent violations of sanctions and export controls, which it disclosed …

By Jonathan Stempel and Blake Brittain (Reuters) – Sweetgreen Inc said on Thursday it was renaming its newest menu item, the “Chipotle Chicken Burrito Bowl,” two days after Chipotle Mexican …

By Hannah Lang and Manya Saini (Reuters) -Robinhood Financial LLC will pay up to $10.2 million in penalties to several states related to platform outages the company experienced in March …

(Reuters) – Boeing Co is planning to increase the output of its 737 jets to 38 planes a month by the middle of the year, Bloomberg News reported on Thursday, …

By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund chief Kristalina Georgieva said she told China’s new top economic official, Li Qiang, that China must accelerate its work to reach …

SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Thursday hinted that the government might change inflation targets, calling high lending costs “inexplicable” as he continued his push …

By David Shepardson (Reuters) – Two U.S. senators proposing to give the Biden administration new powers to ban Chinese-owned short video app TikTok on Thursday rejected criticism arguing it is …

BERLIN (Reuters) -Germany’s antitrust regulator has opened the door for measures to curb Apple after deciding that the U.S. tech giant’s market dominance makes it worthy of such measures, the …

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, but annual revisions to the data showed applications were higher this …

(This Apr. 5 story has been corrected to change jurisdiction in the case caption information) By Blake Brittain (Reuters) – Chipotle Mexican Grill Inc sued fast-casual dining rival Sweetgreen Inc …

By Tom Polansek CHICAGO (Reuters) – Mexico has found unexpected allies as it tries to limit imports of genetically modified (GM) corn: some U.S. farmers who grow the crops. Farmers …