Peloton identifies defect in seat posts after reports of injuries
(Reuters) – Peloton Interactive Inc on Thursday said that it had identified a defect involving seat posts in its original…
Business
India’s Go First, lessors lock horns as bankruptcy hearings begin
By Arpan Chaturvedi and Siddhi Nayak NEW DELHI (Reuters) – Indian airline Go First’s effort to start insolvency proceedings has…
US job growth accelerates despite interest rate hikes
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in April while wage gains increased solidly, pointing to persistent…
St. Louis Fed’s Bullard says rate increase this week was good ‘next step’
WASHINGTON (Reuters) – The quarter point rate increase approved by the Federal Reserve this week was “a good next step”…
Apple’s results send shares surging to nine-month high
By Noel Randewich (Reuters) – Apple’s stock surged nearly almost 5% on Friday, hitting a nine-month high and on track…
US safety board to hold forum on runway near-miss incidents
By David Shepardson WASHINGTON (Reuters) -The U.S. National Transportation Safety Board (NTSB) will hold a May 23 forum on the…
Further improvement seen in weak Q1 U.S. earnings forecast -Refinitiv data
By Caroline Valetkevitch NEW YORK (Reuters) -The estimated decline in first-quarter S&P 500 earnings has improved from last week and…
US weekly oil & gas rig count falls by the most since February -Baker Hughes
By Scott DiSavino (Reuters) -U.S. energy firms cut the most oil and natural gas rigs in a week since February,…
7-Eleven spin-off would jeopardise growth, CEO says, pushing back at ValueAct
By Ritsuko Shimizu TOKYO (Reuters) – A spin-off of 7-Eleven would jeopardise the convenience store chain’s future growth by cutting…
CNH Industrial raises revenue guidance on robust tractor demand
By Bianca Flowers and Giulio Piovaccari MILAN (Reuters) – Agricultural and construction machine maker CNH Industrial on Friday raised its…