Electric truck maker Nikola receives delisting notice
(Reuters) – Nikola Corp said on Thursday Nasdaq gave the electric truck maker a delisting notice for not meeting its…
Business
Dollar Tree cuts profit target on slowing demand, higher costs; shares slump
By Aatrayee Chatterjee and Granth Vanaik (Reuters) -Dollar Tree Inc on Thursday trimmed its full-year profit forecast after missing quarterly…
Medtronic’s profit forecast hit by stronger dollar, inflation
By Bhanvi Satija and Raghav Mahobe (Reuters) -Medtronic Plc on Thursday forecast annual profit below Wall Street estimates, as a…
U.S. triple-A credit rating put on downgrade notice by DBRS
LONDON (Reuters) -The United States was put on review for a downgrade by credit rating agency DBRS Morningstar on Thursday…
Orders surge for trans designer after Target pulls products
LONDON (Reuters) – Transgender designer Erik Carnell has seen a surge in demand for his pins, prints, stickers and T-shirts…
Alibaba says to hire this year, refuting layoff rumours
SHANGHAI (Reuters) -Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this year, dismissing rumours circulating…
Best Buy says demand weakness to bottom out by year end, sales decline narrows
By Savyata Mishra (Reuters) -Best Buy Co Inc on Thursday posted a smaller-than-expected drop in comparable sales and said inflation-induced…
Canada April factory sales most likely down 0.2% – Statscan flash estimate
OTTAWA (Reuters) – Canadian factory sales most likely fell 0.2% in April from March, largely driven by the food and…
Italy probing China’s possible growing influence on Pirelli -sources
By Giuseppe Fonte and Giulio Piovaccari MILAN (Reuters) – The Italian government, which is assessing tyre maker Pirelli’s new shareholder…
Chanel flags weaker U.S. sales, sees pickup in China
By Mimosa Spencer PARIS (Reuters) – Chanel sales in the United States, one of the luxury label’s top three markets,…