By Foo Yun Chee BRUSSELS (Reuters) -Photoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to proposing remedies to res[...]
Read more
November 15, 2023
More peas please? Thanksgiving meal costs Americans less this year
By Howard Schneider WASHINGTON (Reuters) – With gas prices and airfares falling it will be cheaper for Americans to get to Grandma’s or wherever they celebrate Thanksgiving this year, and[...]
Read more
World stocks scale 2-month high, boosted by rate cuts bets
By Koh Gui Qing and Danilo Masoni NEW YORK/MILAN (Reuters) – World shares extended gains on Wednesday and the dollar stemmed losses as expectations of an end to a global rate hike cycle spurred[...]
Read more
Airfare to leisure destinations to cost less this winter, WestJet CEO says
By Allison Lampert MONTREAL (Reuters) – Airfare to popular international leisure destinations should cost less this winter and next summer than a year ago as carriers add capacity, the CEO of Ca[...]
Read more
Nikola founder Trevor Milton seeks probation after fraud conviction
By Jonathan Stempel NEW YORK (Reuters) – Trevor Milton, the convicted founder of electric- and hydrogen-powered truck maker Nikola, is seeking to avoid prison, with his lawyers saying his case d[...]
Read more
Dollar gains on retail sales data, Fed rate cut date unclear
By Herbert Lash NEW YORK (Reuters) -The dollar gained on Wednesday after still strong U.S. retail sales fell less than expected in October, a reminder for the market that a definitive date for the Fed[...]
Read more
Elon Musk denies report of potential Starlink IPO in 2024
(Reuters) – Elon Musk on Wednesday denied a report that his rocket company SpaceX was discussing an initial public offering (IPO) for its satellite internet business, Starlink, as soon as 2024.[...]
Read more
France’s top court demands new trial over $2 billion UBS fine
By Tassilo Hummel, Mathieu Rosemain and Noele Illien PARIS (Reuters) – France’s top court on Wednesday ruled a new trial should be held over a 1.8 billion-euro ($1.95 billion) fine against[...]
Read more
REI accused of widespread labor law violations at unionized US stores
By Daniel Wiessner (Reuters) – REI, the camping and outdoor sports equipment retailer, was accused on Wednesday of dozens of violations of U.S. labor law at eight retail stores that have unioniz[...]
Read more