By Mike Scarcella (Reuters) – A $4.7 billion U.S. verdict against the National Football League over the cost of its…
Year: 2024
Nike plots $100-and-less sneakers to lure price-conscious shoppers
By Aishwarya Venugopal and Ananya Mariam Rajesh (Reuters) – Nike will roll out new $100-and-under sneakers in countries around the…
Aramco to buy 10% stake in Renault, Geely thermal engines JV
(Reuters) -Saudi Aramco will take a 10% stake in Horse Powertrain, the thermal engines joint venture between Renault and Geely,…
Colombia central bank cuts benchmark interest rate to 11.25%
By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) – Colombia’s central bank cut the benchmark interest rate by 50 basis…
Nike stock set for worst day as gloomy sales forecast fans growth concerns
By Ananya Mariam Rajesh (Reuters) -Nike shares slumped as much as 20.6% in afternoon trade on Friday and were on…
Biden acknowledges age, bad debate performance but vows to defeat Trump
By Steve Holland, David Morgan and Nandita Bose RALEIGH, North Carolina (Reuters) -President Joe Biden said on Friday he intended…
US Supreme Court blocks Purdue Pharma bankruptcy settlement
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday blocked OxyContin maker Purdue Pharma’s bankruptcy settlement that…
Fed’s Bostic says inflation moving in ‘right direction,’ sees one Q4 rate cut
By Howard Schneider WASHINGTON (Reuters) – Inflation in the U.S. “appears to be narrowing” and that should allow the Federal…
Top US carriers say roaming customers facing connectivity issues
(Reuters) – Major U.S. telecom service providers said on Thursday some of their users traveling overseas were having connectivity problems…
Texas power demand to break June, July records in heat wave, grid operator says
By Scott DiSavino (Reuters) – The Texas power-grid operator forecast electricity use will break the peak demand record for June…