Apple rolled out its much-anticipated iPhone X and cellular Watch
2017-09-12 19:21:35 UTC
CUPERTINO, Calif. (Reuters) - Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Apple Chief Executive Tim Cook called “the biggest leap forward since ...
Whole Foods' Competitors Fear Amazon Price Cuts
2017-08-25 06:36:18 UTC
(Reuters) - Amazon said it will cut prices on a range of popular goods as it completes its acquisition of Whole Foods Market, sending shares of rival grocers tumbling on fears that brutal market share battles will intensify.
Amazon’s $13.7 bill...
Trump disbanded business councils after CEOs exit
2017-08-16 18:35:17 UTC
WASHINGTON/NEW YORK (Reuters) - U.S. President Donald Trump disbanded two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest at his remarks blaming violence in Charlottesville, Virginia, not only on white nat...
Apple to launch 'Call Watches' without needing an iPhone
2017-08-04 22:52:29 UTC
(Reuters) - Apple Inc plans to release a version of its smartwatch later this year that can connect directly to cellular networks, Bloomberg reported on Friday, citing people familiar with the matter.
Some of the new models for the Apple Watch ...
Trump wants to cut legal immigration by 50 percent
2017-08-02 20:42:22 UTC
WASHINGTON/NEW YORK (Reuters) - After a crackdown on "Undocumented Immigrants" that has sharply reduced the number of border crossings from Mexico, U.S. President Donald Trump is now turning his attention to reducing the number of legal immigrants...
Facebook's Sheryl Sandberg: We need to start paying women well
2017-07-31 04:47:45 UTC
LONDON (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg called on governments and companies to do more to close the gender pay gap on Sunday and said both girls and boys should be encouraged to become leaders from an early age.
Hottest Tech startups don't need venture capital money
2017-07-24 07:00:59 UTC
NEW YORK (Reuters) - U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge - some of the hottest tech startups that sell the coins just don't need their money.
Only a few...
ExxonMobil Fined $2M for Russia Sanctions Breach Under CEO Tillerson
2017-07-22 08:02:32 UTC
<blockquote>Washington - The U.S. Treasury Department has fined ExxonMobil $2 million for violating U.S. sanctions against Russia three years ago, when Secretary of State Rex Tillerson served as the oil company’s CEO.
The Treasury said ExxonMo...
Brexit EU hub: Morgan Stanley & Citigroup choosing Frankfurt
2017-07-19 16:48:26 UTC
FRANKFURT/LONDON (Reuters) - Morgan Stanley has chosen Frankfurt to be the new base for its European Union operations as Britain prepares to leave the bloc, according to a source familiar with the matter, becoming the latest U.S. bank to pick the ...
US auto industry has been bracing for a downturn
2017-07-03 16:51:23 UTC
The U.S. auto industry has been bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. A glut of nearly new used vehicles poses competition for new vehicle sales and automakers have relied increasingly on high consu...
Tesla Model 3 passed all regulatory requirements for production
2017-07-03 06:23:42 UTC
Tesla Inc's high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night.
Musk said in May that Tesla was on track to begin production of the $35,000 ...
Shortlisted bidders in race to buy $10b valued Global Logistic Properties Ltd
2017-07-03 05:50:18 UTC
SINGAPORE — Global Logistic Properties Ltd said on Monday it had received "firm proposals" from shortlisted bidders, days after sources told Reuters that suitors had narrowed to a management-backed Chinese consortium and a group led by Warburg Pin...
Sweden’s Museum of Failure displays flops
2017-06-08 04:04:15 UTC
HELSINGBORG, SWEDEN – Green Heinz ketchup? Fat-free Pringles? Colgate frozen lasagna? You don’t need to be an expert to know these products weren’t successful.
Which is why these creations, with dozens of others, feature in the new Museum of Fa...
Facebook focuses on Vox, BuzzFeed and others for video service
2017-05-24 20:47:43 UTC
NEW YORK — Facebook has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with a...
General Electric: We're very supportive of NAFTA
2017-05-12 19:35:46 UTC
MONTERREY, MEXICO — General Electric Co's chief executive on Friday praised Mexico as a big part of its future growth and said the company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S. far-right nationalist Pres...
Warning directed at Trump: Mexico outlines plans for alternatives on trade
2017-05-12 18:44:03 UTC
In the warning directed at the U.S. far-right nationalist President Donald Trump, Mexican Economy Minister Ildefonso Guajardo, outlines plans for alternatives on trade.
He sent a stark message to Trump, saying an upcoming visit by Mexican offic...
German's Aldi is going to beat the largest US retailer at its own game
2017-05-11 06:57:56 UTC
German grocery chain Aldi is going to beat the largest US retailer at its own game: low prices.
Already with 1,600 U.S. stores, Aldi’s internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Store...
America's Bad Health Care System Is Getting Worse
2017-05-05 01:42:08 UTC
WASHINGTON — GOP House majority approved a bill to repeal Obamacare, which enabled 20 million more Americans to get health insurance.
Democrats say it would make insurance unaffordable for those who need it most and leave millions more uninsur...
Trump's Tax Plan With Big Cuts For Businesses Like His
2017-04-26 18:33:19 UTC
WASHINGTON — Trump proposed slashing the U.S. tax rate on corporate and pass-through business profits to 15 percent from 35 percent or more, while also offering tax cuts to average Americans in a rough outline of his tax policy goals.
France, Airbus and Leonardo, Italy major deal with Iran Air
2017-04-10 07:09:56 UTC
IranAir has signed a contract to buy 20 planes from turboprop maker ATR, Iranian deputy transport minister was quoted as saying on Monday.
The deal comes after Iran, which had not directly purchased a Western-built plane in nearly 40 years, sig...
German service sector growth to a 15-month high
2017-04-05 09:20:08 UTC
BERLIN, April 5 - Growth in Germany's services sector accelerated further in March, a survey showed on Wednesday, suggesting Europe's largest economy will post healthy growth in the first quarter.
Markit's final services index rose to a 15-mont...
China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims
2017-04-05 07:31:58 UTC
China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims.
MEXICO CITY/BEIJING — Trump has criticized carmakers including General Motors for shifting production south of the border. Under...
Michael Flynn Failed To Disclose Payments From Russia
2017-04-02 01:52:51 UTC
Washington — Michael Flynn, Trump's former national security adviser, failed to disclose payments from a Russian television network and a second firm linked to Russia in a February financial disclosure form, according to documents released by the ...
UK and Gulf Arab states seeking free trade deal
2017-03-26 16:55:50 UTC
By Tom Finn |
LONDON/ DOHA — Gulf Arab states are pressing for an early deal on free trade with Britain to secure preferential arrangements after Brexit, and could have a draft agreement ready within months, Gulf officials say.
Unexpected Increase Of Americans Filing For Unemployment Benefits
2017-03-23 17:43:18 UTC
By Lucia Mutikani |
WASHINGTON — An unexpected increase in the number of Americans filing for unemployment benefits last week, data on Thursday showed. Still, the labor market continues to tighten, which together with the strength in housing, ...