Swedish EV maker Polestar gets Nasdaq notice on potential de-listing
(Reuters) -Swedish electric vehicle firm Polestar said on Friday it was notified by the Nasdaq for not meeting the exchange’s…
Category: Business
US, TikTok seek fast-track schedule, ruling by Dec. 6 on potential ban
By David Shepardson WASHINGTON (Reuters) -The U.S. Justice Department and TikTok on Friday asked a U.S. appeals court to set…
The Dow’s climb to a record 40,000 points
By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) – The Dow Jones Industrial Average, a laggard among the…
IMF: U.S. should keep open trade, work with China to resolve disputes
WASHINGTON (Reuters) – The U.S. would be better served by maintaining its open trade system rather than imposing new punitive…
White House’s Brainard says China’s exports can undermine investments in US
WASHINGTON (Reuters) – White House National Economic Adviser Lael Brainard said on Thursday China’s industrial capacity and exports in certain…
Comcast to unveil Netflix, Apple TV+, Peacock streaming bundle
(Reuters) – Comcast is set to launch a streaming bundle combining its Peacock service with Netflix and Apple TV+, as…
Biden hikes US tariffs on Chinese imports
(Reuters) -U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports, including electric vehicle…
Converse to cut jobs as part of Nike’s cost-savings plan, Bloomberg News reports
(Reuters) -Footwear brand Converse will cut jobs as part of parent company Nike’s on-going $2 billion cost savings plan, Bloomberg…
Paramount shares fall after CNBC reports Sony rethinking its bid
(Reuters) -Shares of Paramount Global fell more than 7% on Tuesday after CNBC reported, citing sources, that Sony Pictures is…
Kraft Heinz exploring sale of Oscar Mayer business, WSJ reports
(Reuters) -Kraft Heinz is exploring a sale of its Oscar Mayer meats business that could fetch anything between $3 billion…