(Reuters) -Meta Platforms has canceled plans for a premium mixed-reality headset intended to compete with Apple’s Vision Pro, the Information reported on Friday. The company told employees at it[...]
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August 23, 2024
U.S. Justice Department accuses RealPage of driving up rents
By Jody Godoy NEW YORK (Reuters) – The U.S. Department of Justice and eight states sued RealPage on Friday, accusing the property management software company of using algorithms to help landlord[...]
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Nestle CEO Schneider was ousted after underperformance, sources say
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -Nestle CEO Mark Schneider was ousted in a sudden decision by the world’s biggest foodmaker as a result of the group’s underperforman[...]
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Nestle CEO Schneider was ousted after underperformance, sources say
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -Nestle CEO Mark Schneider was ousted in a sudden decision by the world’s biggest foodmaker as a result of the group’s underperforman[...]
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Analysis-Walmart’s exit raises questions about JD.com’s future
By Casey Hall and Sophie Yu SHANGHAI/Beijing (Reuters) – E-commerce retailer JD.com needs to convince investors of its relevance amid a stagnant Chinese e-commerce market, aggressive price war a[...]
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Airlines fly over Afghanistan as Middle East becomes the greater risk
By Joanna Plucinska and Lisa Barrington LONDON/SEOUL (Reuters) -Singapore Airlines, British Airways and Lufthansa have increased their flights over Afghanistan after years of largely avoiding it now t[...]
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US job market may be near tipping point, research shows
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were cheered that the steam seemed to come out of[...]
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Third Point sees room for Apple stock price to climb, letter says
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire hedge fund manager Daniel Loeb sees room for Apple’s stock price to climb, especially if the technology company successfully harnesses arti[...]
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Sterling rises to highest in over two years versus dollar
(Reuters) – Sterling rose to a more than two-year high versus the dollar on Friday, as investors took comfort from signs of strength in the British economy at a time when the United States is ex[...]
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