By Brendan Pierson and Dietrich Knauth (Reuters) -Federal appeals court judges on Tuesday appeared skeptical of 3M’s bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itse[...]
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April 4, 2023
Walmart aims for 65% of stores to be automation serviced by 2026
By Siddharth Cavale (Reuters) -Walmart Inc on Tuesday said it expects about 65% of its stores to be serviced by automation by the end of its fiscal year 2026, just days after revealing plans to lay of[...]
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Samsung quarterly profit set to hit 14-year low amid chip glut
By Joyce Lee SEOUL (Reuters) – Samsung Electronics Co Ltd’s first-quarter profit is expected to plunge 92% to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like[...]
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Colgate plans new, cheaper, recyclable toothpaste tube
By Jessica DiNapoli and Isla Binnie NEW YORK (Reuters) – Colgate-Palmolive Co plans to launch a modified cheaper version of its recyclable toothpaste tube this year that uses less plastic and is[...]
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Branson’s Virgin Orbit files for bankruptcy after launch failure squeezed finances
By Joey Roulette WASHINGTON (Reuters) -Virgin Orbit Holdings Inc, founded by billionaire Richard Branson, filed for Chapter 11 bankruptcy protection on Tuesday after the satellite launching business s[...]
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Dogecoin jumps as Musk’s Twitter flips logo to Shiba Inu dog
(Reuters) – Dogecoin’s Shiba Inu dog replaced Twitter’s blue bird as the social media company’s logo on Monday, helping the meme coin add as much as $4 billion to its market va[...]
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Stocks, yields fall; data suggests U.S. economy cooling
By Caroline Valetkevitch NEW YORK (Reuters) – World stock indexes declined on Tuesday, with all three major U.S. stock indexes ending lower, while the U.S. dollar fell to a two-month low and Tre[...]
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UK businesses more upbeat about sales despite weak growth
By David Milliken LONDON (Reuters) – Most British businesses expect their sales to rise over the coming year – an improvement from late 2022 – despite seeing no sales growth over the[...]
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US charges Frank financial aid startup’s founder with defrauding JPMorgan
By Jonathan Stempel NEW YORK (Reuters) -The U.S. government on Tuesday filed criminal charges accusing Charlie Javice, the founder of the now-shuttered college financial aid company Frank, of defraudi[...]
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