With supply chain channels snarled by the effects of the COVID-19 pandemic, major retailers like Target Corp. and Home Depot Inc. are taking matters into their own hands, chartering ships to deliver goods in time for the important holiday season. Retailers large and small, consumer packaged goods companies andRead More →
© Reuters. FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the NYSE in New York (Reuters) – Large block trades on Friday causing a wave of selling in a clutch of companies were driven by sales of more than $10Read More →
© Reuters. FILE PHOTO: A Volkswagen logo is pictured in a production line at the Volkswagen plant in Wolfsburg FRANKFURT (Reuters) – Volkswagen (DE:) and FiatChrysler could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros respectively, if they fail to meet the European Union’sRead More →
Lyft Inc. reported better sales than expected in its first quarterly earnings report as a public company Tuesday, but also disclosed massive losses that weighed on the stock until executives said on a conference call that they do see a path to profitability. Lyft LYFT, -2.03% went public in MarchRead More →
© Reuters. Apple watches are seen at a new Apple store in Chicago By Manas Mishra (Reuters) – The Apple Watch was able to detect irregular heart pulse rates that could signal the need for further monitoring for a serious heart rhythm problem, according to data from a large studyRead More →
© Reuters. Night shot of illuminated city business district in Brussels By Francois Aulner and Foo Yun Chee LUXEMBOURG/BRUSSELS (Reuters) – EU judges dealt a possible blow to an EU crackdown against tax avoidance by global multinationals on Thursday by annulling an order by the EU executive against a BelgianRead More →
