Clothiers bet on ‘cooling’ fabrics as global temps rise
By Katherine Masters NEW YORK (Reuters) – Retailers such as Macy’s and Columbia Sportswear are expanding their use of “breathable”…
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End in sight for U.S. insider trading case over healthcare leaks
By Jonathan Stempel NEW YORK (Reuters) -A long-running federal insider trading case based on leaks about planned changes to Medicare…
US opens probe into 280,000 new Tesla vehicles over steering issue
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said Tuesday they have opened an investigation into 280,000 new Tesla…
Ukraine sees economy growing by about 5% in 2024
KYIV (Reuters) -Ukraine expects its economy to grow by about 5% next year, driven by investment in reconstruction and stronger…
Meta prepares AI-powered chatbots in attempt to retain users – FT
(Reuters) – Meta Platforms is preparing to launch a range of artificial intelligence (AI) powered chatbots that exhibit different personalities…
Zimmer Biomet’s downbeat 2024 view hits shares after forecast raise
By Mariam Sunny (Reuters) -Zimmer Biomet Holdings on Tuesday raised its full-year profit forecast after beating second-quarter estimates on demand…
Caterpillar’s 2023 margin forecast, upbeat results send shares to record high
By Shivansh Tiwary (Reuters) -Caterpillar Inc said on Tuesday that strong demand for heavy machinery from construction and mining industries…
TSMC leads in advanced chip packaging wars, LexisNexis patent data says
By Max A. Cherney (Reuters) – Taiwanese chipmaker TSMC has developed the most expansive arsenal of patents surrounding advanced chip…
Pfizer considers cost cuts as demand for COVID products falls
By Bhanvi Satija and Michael Erman (Reuters) -Pfizer on Tuesday said it will launch a cost-cutting program if its COVID-19…
Marathon Petroleum profit beats forecasts but slumps 63% on lower refining margins
By Laura Sanicola and Arshreet Singh (Reuters) – U.S. refiner Marathon Petroleum Corp reported a 63% drop in second-quarter profit…