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Category: Business

Business

X to close operations in Brazil ‘effective immediately’

SAO PAULO (Reuters) – Media platform X said on Saturday it would close its operations in Brazil “effective immediately” due…

August 17, 2024January 27, 2025
Business

FTC sues Asbury Automotive for charging Black, Latino customers more

By Jody Godoy WASHINGTON (Reuters) -The U.S. Federal Trade Commission sued Asbury Automotive Group on Friday, alleging that three of…

August 17, 2024January 27, 2025
Business

Exclusive-Boeing, Lockheed Martin in talks to sell rocket-launch firm ULA to Sierra Space

By Joey Roulette and Mike Stone WASHINGTON (Reuters) -Boeing and Lockheed Martin are in talks to sell their rocket-launching joint…

August 17, 2024January 27, 2025
Business

Nike shares jump as Ackman’s return sparks turnaround hopes

By Ananya Mariam Rajesh (Reuters) – Nike shares gained nearly 4% on Thursday as investors hoped the return of billionaire…

August 15, 2024January 27, 2025
Business

Texas adds UK lender NatWest to energy ‘boycott’ list over financing restrictions

By Ross Kerber (Reuters) -Texas’ comptroller said on Wednesday it had added Britain’s NatWest to a list of firms that…

August 15, 2024January 27, 2025
Business

Bank of America partners with FIFA as first-time sponsor for 2026 World Cup

(Reuters) – Bank of America is partnering with FIFA to become a sponsor for the 2026 World Cup, soccer’s global…

August 15, 2024January 27, 2025
Business

Lilly demands doctors stop selling copycat weight-loss drugs

By Sriparna Roy and Christy Santhosh (Reuters) -Eli Lilly has sent cease-and-desist letters to U.S. healthcare providers in recent days…

August 14, 2024January 27, 2025
Business

Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple

(Reuters) – Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during…

August 14, 2024January 27, 2025
Business

Paramount Global begins planned layoffs with 15% job cuts in US

(Reuters) – Paramount Global will begin laying off 15% of its workforce in the United States starting Tuesday as part…

August 13, 2024January 27, 2025
Business

Lockheed Martin, General Dynamics to build their own rocket motors

(Reuters) -Lockheed Martin said on Tuesday it had signed an agreement with peer General Dynamics to build solid rocket motors,…

August 13, 2024January 27, 2025

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