US consumer spending rises in November; monthly inflation benign
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased in November amid strong demand for a range of goods and…
Soccer-Netflix inks US broadcast deal with FIFA for 2027 and 2031 women’s World Cups
NEW YORK (Reuters) – FIFA and Netflix have signed a deal to broadcast the 2027 and 2031 editions of the…
Starbucks workers’ union set to strike in US cities as bargaining talks hit impasse
By Gursimran Mehar and Savyata Mishra (Reuters) -The workers’ union representing over 10,000 baristas at Starbucks said its members will…
Top Biden environmental official to step down on Dec. 31
By David Shepardson WASHINGTON (Reuters) – The head of the Environmental Protection Agency plans to step down on Dec. 31…
More hawkish Fed policy committee may increase dissent in 2025
By Ann Saphir (Reuters) – A slightly more hawkish set of Federal Reserve regional bank presidents will become voters on…
Nike profits and sales beat forecasts, shares surge 11%
(Reuters) – Nike beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to…
FedEx to spin off its less-than-truckload freight business
(Reuters) -FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks to restructure its operations…
US mortgage rates rise after three straight weekly declines
WASHINGTON (Reuters) – U.S. mortgage rates increased this week following three straight weekly declines and could rise further after the…
Exclusive-Power failed at SpaceX mission control before September spacewalk by NASA nominee
By Marisa Taylor and Joey Roulette WASHINGTON (REUTERS) – A September power outage at a California facility of SpaceX, the…
Arm, Qualcomm lawyers grill ex-Apple exec in chip design battle
By Tom Hals WILMINGTON, Delaware (Reuters) – Attorneys for Arm and Qualcomm grilled a former Apple executive on Tuesday about…