By Mike Scarcella (Reuters) – Amazon.com Inc must face consumer claims that its pricing practices artificially drove up the cost of goods sold by other retailers in violation of U.S. antitrust l[...]
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March 27, 2023
Carnival posts smaller loss on strong travel demand, higher ticket pricing
By Ananya Mariam Rajesh and Doyinsola Oladipo (Reuters) -Cruise operator Carnival Corp on Monday reported a smaller-than-expected quarterly loss and beat estimates for revenue, helped by strong demand[...]
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U.S. issuing new childcare guidance for semiconductor chips subsidy program
By David Shepardson WASHINGTON (Reuters) -The Biden administration on Monday will release new guidance for its $52 billion U.S. semiconductor manufacturing and research program detailing how companies[...]
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Dash don’t dine: U.S. consumers getting selective with leisure reservations
By Doyinsola Oladipo NEW YORK (Reuters) – U.S. consumers are increasingly canceling dinner, night club, and pool cabana reservations as they grow more selective with discretionary spending, acco[...]
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U.S. Supreme Court turns away challenge to Trump’s tariffs on steel imports
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a challenge to U.S. steel import tariffs imposed in 2018 under former President Donald Trump – a pol[...]
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Pakistan defers decision on drug price rise as pharma firms struggle
(Adds names of medicines in short supply, paragraph 11) By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) -Pakistan on Monday deferred a decision on a request by pharmaceutical firms to rai[...]
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Salesforce avoids proxy fight with Elliott after improved results
By Svea Herbst-Bayliss (Reuters) – Salesforce Inc and Elliott Management on Monday reached an agreement where the activist investor ends its board room challenge as the software company focuses[...]
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Ferrari sees extended life for roaring combustion engines after EU deal
By Lisa Jucca and Giulio Piovaccari MILAN (Reuters) -The head of Ferrari on Monday welcomed plans to exempt cars that run on e-fuels from the European Union’s planned 2035 phase-out of new combu[...]
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Barclays calls allegations against former CEO Staley ‘serious and new’
By Iain Withers LONDON (Reuters) – Barclays has said recent allegations against its former Chief Executive Jes Staley are “serious and new”, after U.S. lawsuits alleged he had a clos[...]
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