Peloton recalls 2.2 million exercise bikes over seat issue
(Reuters) -Peloton Interactive Inc will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue,…
Business
Italy’s antitrust watchdog probes Apple over alleged app market abuse
By Alvise Armellini and Elvira Pollina ROME (Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe…
Facebook owner Meta announces tests of generative AI ads tool
By Katie Paul and Sheila Dang NEW YORK (Reuters) – Social media giant Meta Platforms Inc joined the generative AI…
Disney shares fall most since Iger’s return after streaming subscriber losses
By Aditya Soni (Reuters) -Walt Disney Co shares ended down more than 8% on Thursday as a surprise drop in…
Stocks, yields fall after data seen halting more Fed rate hikes
By Herbert Lash NEW YORK (Reuters) -A gauge of global stock performance slid on Thursday after U.S. jobless claims and…
PacWest shares plunge after it reports drop in deposits
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said…
Key Fed emergency lending little changed in latest week
NEW YORK (Reuters) – Emergency liquidity borrowing from the Federal Reserve was little changed in the latest week, the central…
Factbox: Brokerage Robinhood joins trend of around-the-clock stock trading
NEW YORK (Reuters) – Robinhood Markets Inc said on Wednesday after markets closed that it would launch 24/5 trading for…
US ‘YouTuber’ pilot who intentionally crashed small plane agrees to plea deal
By David Shepardson WASHINGTON (Reuters) – The pilot of a small private plane who posted a video of himself intentionally…
UAE’s Royal Group looking at opportunities in US market – chair
DUBAI (Reuters) – The chairman of Abu Dhabi-based conglomerate Royal Group, Sheikh Tahnoon bin Zayed Al Nahyan, said on Thursday…