(Reuters) – Uber Technologies launched “XXL” rides with extra trunk space on Wednesday, betting on increased demand stemming from Thanksgiving holiday travelers, as the ride-hailing company seeks to overcome a slowdown in its mainstay app-based taxi business. The Uber XXL service, catered toward airport travel, is available in more than 60 airports globally, including 40…
(Reuters) -TJX Cos raised its annual profit forecast on Wednesday, benefiting from lower costs and strong demand from cash-strapped customers flocking to its off-price stores for products such as apparel and footwear. The TJ Maxx and Marshalls parent has hit the right spot as customers continue to hunt for value and better deals even as…
WASHINGTON (Reuters) – China’s defense minister declined a meeting with U.S. Defense Secretary Lloyd Austin during a meeting of defense leaders in Laos, a move the Pentagon chief said on Wednesday was unfortunate. Multilateral gatherings of national security officials in Asia have been used in the past for meetings between U.S. and Chinese defense leaders,…
(Reuters) – Elon Musk’s government efficiency panel said in a Wall Street Journal opinion story on Wednesday that they will apply recent Supreme Court rulings that can be used to take power away from federal agencies to reduce rules the panel finds unnecessary, costly and inefficient. Musk, the billionaire CEO of Tesla and SpaceX, and…
