NEW YORK (Reuters) – Nike Inc sued Lululemon Athletica Inc on Monday, saying that at least four of the Canadian athletic apparel company’s footwear products infringe its patents. Nike in a[...]
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January 30, 2023
Disillusioned at home, super-rich Chinese set their sights on Singapore
By Xinghui Kok and Chen Lin SINGAPORE, (Reuters) – Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family’s wealth. He’s hoping that s[...]
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Dollar General CFO Garratt to retire
(Reuters) -Dollar General Corp’s Chief Financial Officer John Garratt would retire effective June 2, the discount store chain said on Monday, adding that it will “evaluate options” f[...]
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TikTok CEO to testify before U.S. Congress over security concerns
By David Shepardson WASHINGTON (Reuters) -TikTok Chief Executive Shou Zi Chew will appear before the U.S. Energy and Commerce Committee in March, as lawmakers scrutinize the Chinese-owned video-sharin[...]
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Paramount to integrate Showtime with Paramount+
By Helen Coster (Reuters) -Paramount Global on Monday said it would integrate Showtime with Paramount+ across both streaming and linear platforms later this year, rebranding the premium tier of its st[...]
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U.S. hits Volvo Group North America with $130 million penalty over delayed recalls
By David Shepardson WASHINGTON (Reuters) – A U.S. auto safety agency said Monday it was imposing a $130 million civil penalty on AB Volvo unit Volvo Group North America, following an investigati[...]
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JPMorgan reviews oversight of traders amid boom in financial markets – sources
By Stefania Spezzati LONDON (Reuters) – JPMorgan Chase & Co. is working with KPMG to improve how the U.S. bank supervises its traders, sources with knowledge of the review told Reuters, as W[...]
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Appliance maker Whirlpool’s 2023 profit forecast beats expectations
(Reuters) – U.S. home appliances maker Whirlpool Corp forecast full-year profit above Wall Street estimates on Monday, helped by cost cuts and easing raw material prices. Shares of the appliance[...]
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JetBlue pilots approve two-year contract extension – union
By Rajesh Kumar Singh CHICAGO (Reuters) -Pilots at JetBlue Airways Corp have overwhelmingly approved a two-year contract extension, their union said on Monday. The Air Line Pilots Association (ALPA),[...]
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