Coach owner’s Michael Kors deal creates US giant to take on European luxury rivals
By Aishwarya Venugopal (Reuters) -Coach parent Tapestry will buy Michael Kors owner Capri Holdings in a deal valued at $8.5…
August 10, 2023
Tutoring firm settles US agency’s first bias lawsuit involving AI software
By Daniel Wiessner (Reuters) – A China-based tutoring company has agreed to settle a U.S. government agency’s novel lawsuit claiming…
US dollar recovers from inflation-related losses; yen slumps
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar reversed losses on Thursday, led by gains against the yen, as…
Gold Slightly Declines as Alibaba Reports Positive Earnings
U.S. Stock Market Ends Higher as Dow Jones Gains 150 Points As the trading day came to a close, U.S….
United cancels some Hawaii flights due to Maui wildfires; Alaska Air flags delays
(Reuters) -United Airlines Holdings said on Thursday that it had canceled flights to Kahului Airport in Hawaii’s Maui and would…
US NTSB cites United crew failure in Boeing 777 altitude loss incident
By David Shepardson WASHINGTON (Reuters) -The National Transportation Safety Board on Thursday cited United Airlines crew failure in a December…
US Senator Joe Manchin says ‘thinking seriously’ about leaving Democratic Party
By Moira Warburton WASHINGTON (Reuters) – U.S. Senator Joe Manchin, a maverick Democrat who has often bucked party leadership, told…
Murder of Ecuador presidential candidate spooks voters in unsettled election
By Alexandra Valencia and Tito Correa QUITO (Reuters) – The murder of Ecuadorean presidential candidate Fernando Villavicencio has made some…
Oil settles lower as US rate hike fears subside, China demand weighs
By Laura Sanicola (Reuters) -Oil prices settled lower on Thursday, with Brent crude holding close to January highs, as speculation…
Biden expands US aid for Hawaii as wildfires grip Maui
By Nandita Bose SALT LAKE CITY (Reuters) -President Joe Biden on Thursday expanded federal aid to Hawaii and promised help…