Feds: Goodyear knew of defective RV tires as early as 2002
DETROIT (AP) — Federal investigators say Goodyear knew that some of its recreational vehicle tires could fail and cause severe…
June 7, 2022
Dollar Hits 2-decade High Vs Yen, Sterling Struggles
By Samuel Indyk LONDON (Reuters) – The U.S. dollar rose to a two-week high as rising U.S. Treasury yields supported…
Ted Baker Shares Slide After Preferred Bidder Walks Away
By Pushkala Aripaka and Yadarisa Shabong (Reuters) -Ted Baker shares tumbled by more than 20% on Tuesday after the company…
Spanish judge to seek testimony from NSO on Pegasus spyware
BARCELONA, Spain (AP) — A Spanish judge will travel to Israel to seek testimony from the head of tech company…
Facing huge inventory, Target cuts vendor orders, prices
NEW YORK (AP) — Target is canceling orders from suppliers, particularly for home goods and clothing, and it’s slashing prices…
After rough run, Kohl’s surges on potential takeover
Shares of Kohl’s spiked more than 11% Tuesday after the retailer said that it is in advanced talks to be…
Citigroup To Hire 3,000 In Asia Institutional Banking Business In Growth Push -Asia CEO
(Corrects to say in the fourth last paragraph uncertainty related to China’s economic situation will continue in the short term)…
Russia claims advances in Ukraine amid barrages, troop boost
KYIV, Ukraine (AP) — Russia claimed Tuesday it has occupied large swaths of eastern Ukraine after a relentless, weekslong barrage…
Credit Suisse Appoints Huang As Head Of APAC Asset Management
By Selena Li HONG KONG (Reuters) – Credit Suisse has appointed Min Huang to lead its asset management business in…
Airline SAS Shares Hit Record Low As Sweden Says No To More Cash
By Anna Ringstrom and Stine Jacobsen STOCKHOLM (Reuters) -The Swedish government will not inject new capital into SAS, its industry…