By Nicholas P. Brown NEW YORK (Reuters) -Nike on Thursday said it is working on a motorized footwear system to…
Beyond Meat short interest surges past 100% of public shares, Ortex data shows
(Reuters) -Short interest in shares of plant-based meat seller Beyond Meat surged more than 100% of its publicly available shares,…
Apple loses UK lawsuit over app store commissions
LONDON (Reuters) -Apple on Thursday lost a London lawsuit accusing the U.S. tech company of abusing its dominant position by…
Trump urges US cattle ranchers to lower prices as he touts tariffs
By Leah Douglas and Tom Polansek WASHINGTON (Reuters) -President Donald Trump on Wednesday said U.S. cattle ranchers are benefiting from…
Netflix slumps, as investors start to question its lofty valuation
By Kritika Lamba and Kanchana Chakravarty -Netflix shares fell more than 8% on Wednesday, as the streaming giant’s outlook for…
Uber rebrands ‘Green’ as ‘Electric’, offers US drivers $4,000 to switch to EVs
(Reuters) -Uber Technologies said on Wednesday it is rebranding its “Uber Green” service as “Uber Electric” and launching a $4,000 grant…
Gold miners set for bumper profits after bullion’s record rally
By Sumit Saha and Pranav Mathur (Reuters) -Gold miners are on track to deliver stellar third-quarter earnings, fueled by a…
Britain takes aim at Apple and Google’s dominance in smartphones
LONDON (Reuters) -Britain on Wednesday moved to loosen the grip of Apple and Google in smartphones by designating them as…
US banks’ surge in loans to private creditors may pose risks, Moody’s says
(Reuters) -U.S. banks’ loans to private credit providers have surged to nearly $300 billion, Moody’s said in a report on…
Nasdaq CEO sees robust IPO market amid shutdown; profit tops on higher trading
By Ateev Bhandari (Reuters) -Nasdaq beat Wall Street expectations for third-quarter profit on Tuesday as persistent volatility boosted trading volumes,…
