Omicron-hit Christmas Weighs On Lululemon’s Holiday Quarter
By Deborah Mary Sophia (Reuters) -Lululemon Athletica Inc said on Monday the Omicron coronavirus variant had dented its holiday-quarter performance,…
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U.S. Wholesale Inventories Rise Strongly, Seen Boosting Q4 Growth
By Lucia Mutikani WASHINGTON (Reuters) -U.S. wholesale inventories increased more than initially thought in November, suggesting that the restocking of…
Take-Two To Buy “FarmVille” Maker Zynga For $11 Billion In Mobile Gaming Push
By Nivedita Balu and Tiyashi Datta (Reuters) -Take-Two Interactive said on Monday it would buy Zynga for $11.04 billion in…
U.S. Senator Warren Calls On Fed To Release More Ethics Scandal Information
(Reuters) – U.S. Senator Elizabeth Warren sharpened her criticism of the Federal Reserve on Monday over its handling of an…
Wall Street Opens Lower As Big Tech Tumbles
(Reuters) – Wall Street’s main indexes opened lower on Monday as heavyweight technology stocks dropped on expectations of a high…
Tilray Posts Surprise Profit On Cost Cuts, Pledges More Savings
(Reuters) -Canadian cannabis producer Tilray Inc on Monday reported a surprise quarterly profit helped by savings achieved from its reverse-merger…
Take-Two Buys FarmVille Maker Zynga For $11 Billion In Mobile Gaming Push
(Reuters) -Take-Two Interactive is buying “Farmville” creator Zynga in an $11.04 billion deal, the “Grand Theft Auto” maker said on…
Natural Disasters Cost Insurers $120 Billion In 2021, Munich Re Says
By Tom Sims and Alexander Hübner FRANKFURT (Reuters) – Marked by devastating hurricanes and cold snaps in the United States,…
Lululemon Warns Of Lackluster Holiday Quarter Over Omicron Hit
(Reuters) -Lululemon Athletica Inc said on Monday it expects the Omicron coronavirus variant to have dented holiday-quarter results as the…
Lawmakers Urge U.S. Treasury’s Yellen To Back Review Of IMF Surcharges
By Andrea Shalal WASHINGTON (Reuters) – Sixteen Democratic lawmakers are urging U.S. Treasury Secretary Janet Yellen to back a review…