By Jonathan Stempel (Reuters) – Hershey is facing a renewed, larger lawsuit claiming it misled consumers about the amount of artistic detail they would find on several Reese’s peanut butte[...]
Read moreMay 17, 2024
US labor board will suspend case against SpaceX pending company’s legal challenge
By Daniel Wiessner (Reuters) -The U.S. National Labor Relations Board told a federal judge in Texas that it will suspend an administrative case accusing SpaceX of illegally firing engineers critical o[...]
Read moreFactbox-Boeing faces multiple probes after mid-air MAX door plug blowout
(Reuters) – Boeing is facing heightened scrutiny from U.S. regulators and prosecutors into its safety and quality practices following the Jan. 5 panel blowout on an Alaska Airlines 737 MAX 9. Th[...]
Read moreExclusive-VW and Renault end talks to develop affordable EV, sources say
By Gilles Guillaume and Christina Amann PARIS/BERLIN (Reuters) -Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, four sources fam[...]
Read moreDollar mostly flat as market mulls inflation outlook
By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) -The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve interes[...]
Read moreMicrosoft to release next ‘Call of Duty’ game on subscription service, source says
By Peter Frontini and Yuvraj Malik (Reuters) -Microsoft plans to release the coming installment of the “Call of Duty” videogame to its subscription service, in a departure from its longtim[...]
Read moreProxy adviser Glass Lewis urges Hess shareholders accept Chevron offer
By Gary McWilliams HOUSTON (Reuters) -Hess shareholders should vote in favor of Chevron’s $53 billion all-stock offer at the oil company’s May 28 special meeting, proxy adviser Glass Lewis[...]
Read moreDespite consumer watchdog’s US Supreme Court win, agency powers still on chopping block
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court’s decision safeguarding the Consumer Financial Protection Bureau – the nation’s consumer finance watchdog – e[...]
Read moreHedge funds squeezed from short bets amid surging meme stocks, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched bearish stock bets early this week at some of the highest rates in three years as U.S. meme stocks rallied sharply, a Goldman note seen b[...]
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