Altria-backed cannabis producer Cronos explores sale
By Anirban Sen NEW YORK (Reuters) -Cronos Group Inc, the Canadian cannabis producer backed by cigarette maker Altria Group Inc,…
Business
US labor agency sues Starbucks over treatment of Seattle workers
By Jonathan Stempel NEW YORK (Reuters) -The National Labor Relations Board on Thursday sued Starbucks over the coffee chain’s refusal…
Biden admin seeks emergency order halting ban on social media company contacts
(This July 6 story has been corrected to fix the court where filing was made in paragraphs 1-3) (Reuters) –…
JPMorgan’s Dimon, Staley urge end to shareholders’ Jeffrey Epstein lawsuit
By Jonathan Stempel NEW YORK (Reuters) – Jamie Dimon and Jes Staley do not agree on who to blame for…
Mercedes-Benz picks Tesla’s charging standard for N.America EVs from 2025
(Reuters) -German automaker Mercedes-Benz said on Friday its electric vehicles in North America will adopt the Tesla-developed charging technology from…
Norway wealth fund excludes Power Construction Corp of China
OSLO (Reuters) – Norway’s $1.4 trillion sovereign wealth fund has excluded Power Construction Corp of China from its portfolio and…
Canada posts strong job gains in June, raising odds of rate hike
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s economy added far more jobs than expected in June, data showed…
U.S. equity funds draw inflows for second week amid inflation relief
(Reuters) – U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5,…
Fed interest-rate hike seen a lock for July
(Reuters) -The Federal Reserve will likely raise its benchmark interest rate later this month to a 5.25%-5.5% range, traders bet…
Instant View: June US jobs growth cooled, but wages won’t comfort Fed
NEW YORK (Reuters) – U.S. job growth slowed more than expected in June after surging in the prior month, but…