Author Archives: Syndicated Content
Online furniture retailer Wayfair to cut 1,650 jobs to trim costs
(Reuters) -Online furniture retailer Wayfair said on Friday it would lay off about 1,650 employees, or 13% of its global workforce, as it looks to trim costs. The company's shares rose about 8% in pre...
Thomson Reuters Jan 19, 2024
India's Paytm's Q3 revenue rises on strong payments business, loan growth
BENGALURU (Reuters) -Indian digital payments firm Paytm posted a 38% rise in third-quarter revenue on Friday, helped by its payments business and strong loan growth in the financial services segment. ...
Thomson Reuters Jan 19, 2024
Explainer-How is the 'war on the administrative state' faring at the Supreme Court?
By John Kruzel WASHINGTON (Reuters) - Three cases before the U.S. Supreme Court will help determine the advance of the conservative push called the "war on the administrative state" that aims to weake...
Thomson Reuters Jan 19, 2024
Hardline US Republicans who cried 'wolf' side-lined by spending deal
By David Morgan WASHINGTON (Reuters) - Hardline Republicans who repeatedly brought the U.S. House of Representatives to a halt last year were sidelined in this month's bipartisan push to avert a gover...
Thomson Reuters Jan 19, 2024
Marketmind: Hot chips, China dips and UK retail swoons
A look at the day ahead in U.S. and global markets from Mike Dolan A fresh burst of chipmaker excitement around artificial intelligence and some punchy U.S. jobs data have reinvigorated Wall St and To...
Thomson Reuters Jan 19, 2024
Fire truck boom highlights divide in US manufacturing
By Timothy Aeppel (Reuters) - Anyone looking around Oshkosh's cavernous fire truck factory in Appleton, Wisconsin, for evidence of the longest U.S. manufacturing slump in two decades could be forgiven...
Thomson Reuters Jan 19, 2024
Analysis: British Columbia boosts power plan but electrifying LNG proving big challenge
By Rod Nickel WINNIPEG, Manitoba (Reuters) - British Columbia boosted its C$36 billion ($26.7 billion) plan to expand its grid over the next decade, but Canada's Pacific Coast province will still fall...
Thomson Reuters Jan 19, 2024
Exclusive - Spirit Airlines presses JetBlue to appeal merger block: sources
By Anirban Sen and Rajesh Kumar Singh (Reuters) - Spirit Airlines is seeking to convince JetBlue Airways to appeal a decision by a federal judge to block the tie-up between the sixth and seventh large...
Thomson Reuters Jan 19, 2024
Binance heads to court, seeking dismissal of SEC fraud lawsuit
(Reuters) - Binance is due to square off against the U.S. Securities and Exchange Commission in a Washington courtroom on Friday, marking the second high-profile hearing this week involving the regula...
Thomson Reuters Jan 19, 2024
Biden administration taking heat from all sides over Louisiana LNG project
By Timothy Gardner and Curtis Williams WASHINGTON (Reuters) - The Biden administration faces mounting pressure over whether to approve a massive new Louisiana LNG export project, with environmentalist...
Thomson Reuters Jan 19, 2024
