By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday argued in federal court for a preliminary injunction…
Category: Business
Facebook to end news access in Canada over incoming law on paying publishers
By Ismail Shakil and David Ljunggren OTTAWA (Reuters) -Meta Platforms Inc plans to end access to news on Facebook and…
Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and…
Warren Buffett’s charitable giving tops $51 billion
By Jonathan Stempel (Reuters) -Warren Buffett has donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his…
Overstock shares jump after winning auction for Bed Bath & Beyond assets
By Deborah Mary Sophia and Chibuike Oguh (Reuters) -Shares of Overstock.com jumped on Thursday after the online retailer won an…
Amazon duped millions of consumers into enrolling in Prime, US FTC says
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions of consumers into…
Rivian acquires route planning app maker Iternio – CEO
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) – Rivian has acquired Swedish EV route planning app maker Iternio…
Lockheed still working with US government on F-35 jet
(Reuters) – U.S. defense contractor Lockheed Martin said on Wednesday it was continuing to work with the government on capability…
US needs ‘comprehensive legislation’ to address AI risks -Schumer
By David Shepardson and Richard Cowan WASHINGTON (Reuters) -U.S. Senate Majority Chuck Schumer on Wednesday called for “comprehensive legislation” to…
FedEx paring costs, grounding more planes as margin pressure persists
(This June 20 story has been corrected to change share repurchase figure to $2 billion, from $2 million, in paragraph…