Ford Motor Co sues Blue Cross Blue Shield in antitrust case over ‘astronomical’ profit
By Mike Scarcella (Reuters) – Ford Motor Co sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing…
2023
Australia’s Coles to take $17 million provision to compensate underpaid staff
(Reuters) – Australian No. 2 supermarket chain Coles Group Ltd said on Friday it would take an additional provision of…
Hackers Use Flaw In Popular File Transfer Tool To Steal Data, U.S. Researchers Say
By Zeba Siddiqui SAN FRANCISCO (Reuters) – Hackers have stolen data from the systems of a number of users of…
Lululemon outlook lift thrills Wall St as yogawear stays in vogue
By Deborah Mary Sophia (Reuters) – Lululemon Athletica Inc raised its annual sales and profit forecasts on Thursday as wealthy…
South Korea revised Q1 GDP +0.3% q/q, unchanged from earlier estimate
SEOUL (Reuters) – South Korea’s economy grew 0.3% in the first quarter from the previous quarter, revised central bank data…
JetBlue to spin-off Spirit Airlines’ holdings at NY airport
(Adds media packaging code SPIRIT AIRLINES-M&A/JETBLUE AIRWAYS) (Reuters) -JetBlue Airways Corp said on Thursday it would sell Spirit Airlines Inc’s…
Wall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer
By Herbert Lash and Shreyashi Sanyal (Reuters) – The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday…
Michael Jordan’s 1992 Olympic practice jersey up for auction
By Jorge Garcia LOS ANGELES (Reuters) – A sweat-stained jersey worn by U.S. basketball legend Michael Jordan in a practice…
Boeing delays debut crewed Starliner spaceflight over new issues
By Joey Roulette WASHINGTON (Reuters) -Boeing Co will stand down from late preparations for its first crewed Starliner test flight…
Broadcom forecasts third-quarter revenue above estimates on AI boost
By Tiyashi Datta (Reuters) – Broadcom Inc forecast third-quarter revenue above market estimates on Thursday, as it benefits from massive…