By Aditya Soni and Max A. Cherney (Reuters) -Apple unveiled a long-awaited AI strategy on Monday, integrating its new “Apple Intelligence” technology across its suite of apps including Sir[...]
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June 11, 2024
UAW reaches tentative agreement with Ultium Cells
By Nora Eckert (Reuters) -The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build electric vehicle batteries fo[...]
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Australia business conditions soften in May, cost pressures pick up
SYDNEY (Reuters) – Australian business conditions eased further in May to below their long-run average as growth in sales and profits slowed, a survey showed on Tuesday, while cost pressures sho[...]
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In China, a search for identity boosts Lululemon, premium sportswear brands
By Casey Hall SHANGHAI (Reuters) – Premium sportswear brands are enjoying robust growth in China as they take to directly courting their main customers, posing yet another setback to megabrands[...]
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Japan ministry believes Toyota’s misconduct may violate UN standards, Yomiuri reports
TOKYO (Reuters) – Japan’s transport ministry has concluded that six cases of irregularities in vehicle certifications by Toyota Motor may also violate United Nations standards, the Yomiuri[...]
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White House close to tapping Goldsmith Romero to head FDIC, WSJ reports
By Douglas Gillison and Chris Prentice WASHINGTON (Reuters) -The White House is close to naming derivatives regulator Christy Goldsmith Romero to replace Martin Gruenberg to head the Federal Deposit I[...]
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Exclusive-Apollo, Kyndryl in bid for DXC Technology, sources say
By Greg Roumeliotis and Milana Vinn (Reuters) -Buyout firm Apollo Global and Kyndryl Holdings, the information technology services provider that was spun out of IBM, are in talks about a joint bid for[...]
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S&P 500, Nasdaq post record closing highs; Fed meeting, CPI ahead
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 and Nasdaq eked out record closing highs on Monday, although investors were cautious ahead of this week’s consumer prices repo[...]
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