Dollar gains on rising US yields, British inflation lifts pound
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The dollar strengthened on Wednesday, lifted by rising Treasury yields, though…
Business
Amazon must face driver’s spying claims in US court
By Daniel Wiessner (Reuters) – Amazon.com Inc must face a proposed U.S. nationwide class action accusing the company of illegally…
Factbox-Canadian public servants’ strike: demands and impact
By Ismail Shakil OTTAWA (Reuters) – About 155,000 federal workers in Canada walked off the job on Wednesday after failing…
US Boy Scouts exits Chapter 11 bankruptcy after abuse settlement
By Dietrich Knauth (Reuters) -The Boys Scouts of America said on Wednesday it had emerged from bankruptcy after battling back…
L’Oreal beats expectations with strong sales in U.S., Europe
By Mimosa Spencer PARIS (Reuters) -L’Oreal reported a 13% rise in first-quarter sales, beating expectations thanks to strong business in…
Morgan Stanley beats estimates as wealth management shines
By Manya Saini and Tatiana Bautzer (Reuters) – Morgan Stanley’s profit beat expectations as wealth management revenue climbed in the…
Snap expands AI chatbot with ability to create images
By Sheila Dang (Reuters) -Snap Inc on Wednesday said its artificial intelligence chatbot will now be able to respond to…
United Airlines warns of macro risks, says ready to act if economy softens further
By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines Holdings Inc on Wednesday said macroeconomic risks have increased following turmoil…
Exclusive-Gucci Milan site inspected in EU antitrust inquiry
By Emilio Parodi and Foo Yun Chee MILAN/BRUSSELS (Reuters) -European Union antitrust regulators have started inspecting a facility of luxury…
Tesla shorts mark-to-market profits up in April, down YTD -S3 Partners
NEW YORK (Reuters) – Tesla Inc short sellers have $2.16 billion in mark-to-market profits for April so far, but shorts…