Google, Sonos head to trial in contentious smart speaker patent fight
By Blake Brittain (Reuters) – Sonos Inc and Alphabet’s Google LLC will face off in a San Francisco federal trial…
Business
AMC positive about box office recovery as ‘Ant-Man’ lifts quarter
By Tiyashi Datta (Reuters) -AMC Entertainment Holdings Inc on Friday provided an upbeat assessment of box office recovery this year,…
PBF Energy boosts buyback plan, beats Q1 on robust margins
By Sourasis Bose (Reuters) -PBF Energy Inc boosted its share buyback authorization to $1 billion after soaring margins helped the…
Air Canada raises full-year core profit outlook on strong demand
(Reuters) -Air Canada on Thursday raised its full-year forecast for core profit, citing a stronger-than-anticipated demand environment and lower-than-expected fuel…
Apple stakes future growth on emerging markets, starting with India
By Stephen Nellis (Reuters) -When Apple Inc surprised investors this week with a rise in iPhone sales despite a slump…
Spain gives Vivendi approval to raise stake in media group Prisa
MADRID (Reuters) – Spanish media company Prisa said on Friday its second-largest shareholder Vivendi, had obtained the Spanish government’s go-ahead…
Cigna’s health insurance strength drives profit forecast raise
By Leroy Leo and Khushi Mandowara (Reuters) -Cigna Group on Friday raised its annual profit forecast after lower medical costs…
Spain’s unions and employers agree to raise wages by 4% in 2023
MADRID (Reuters) – Spain’s main unions and representatives of employers reached a preliminary agreement on Friday to grant a 4%…
Carvana shares soar on upbeat forecast, short squeeze
By Kannaki Deka (Reuters) – Carvana Co’s shares soared as much as 55% on Friday after the struggling online used-car…
Canada’s jobs market stays resilient despite signs of cooling economy
By Ismail Shakil OTTAWA (Reuters) -Canada’s economy added far more jobs than expected in April and the jobless rate stayed…