By Clark Mindock (Reuters) -A group of 22 states and U.S. territories on Wednesday moved to block a proposed $10.3 billion settlement that would resolve claims against 3M Co over water pollution tied[...]
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July 26, 2023
In challenge to Tesla, automakers launch US EV charging network
By Abhirup Roy and Jarrett Renshaw (Reuters) -Seven major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the U.S., in a challenge to Tesla and a b[...]
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Chipotle sales disappoint Wall St as price hikes taper
By Deborah Mary Sophia and Kailyn Rhone (Reuters) -Chipotle Mexican Grill missed Wall Street estimates for quarterly sales on Wednesday as a pause in months-long price hikes hurt its top line, sending[...]
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United Airlines details temporary Newark, New Jersey airport flight cuts
By David Shepardson WASHINGTON (Reuters) – United Airlines said on Wednesday its decision to cut about 15 flights from its daily schedule in Newark in August and early September will affect less[...]
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US commercial property delinquencies rise further in July -report
By Matt Tracy (Reuters) – Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing the late payment rate up by 34 basis points from June t[...]
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Samsung going in ‘right direction’ in China market, mobile chief says
By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ mobile chief said Samsung is “going in the right direction” in China, the world’s largest mobile market, as it seeks t[...]
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U.S. stocks close little changed as Fed leaves door open
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) – U.S. stocks ended Wednesday little changed following a Federal Reserve rate hike that left the door open for future hikes, but the Dow scor[...]
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Mattel expects Barbie bounceback to spark toy sales
By Savyata Mishra (Reuters) -Mattel is banking on the box office success of the “Barbie” movie to help drive doll sales in the second half of the year, CEO Ynon Kreiz said on Wednesday, as[...]
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Brazil’s postal service inks deal with Shopee to sell products to Asia
(Reuters) – Brazil’s postal service Correios said on Wednesday it has signed an agreement with Singaporean shopping app Shopee to boost exports of Brazilian products to Southeast Asian mar[...]
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