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Shopping News / Articles
Chipmaker CXMT sues Pentagon over ‘Chinese military company’ designation | 92.7 The Van WYVN | Holland's Classic Hits
7+ hour, 46+ min ago (413+ words) By Che Pan and Mrinmay Dey Aug 28 (Reuters) – China’s top memory chipmaker, ChangXin Memory Technologies, sued the Pentagon on Friday over being placed on a list of companies the U.S. says are aiding Beijing’s military. “CXMT is not affiliated…...
New York Stock Exchange opens Texas headquarters in latest nod to Y’all Street
1+ day, 8+ hour ago (348+ words) NEW YORK, Aug 27 (Reuters) – The New York Stock Exchange has opened a new regional headquarters in Dallas, joining Wall Street’s expedition to the financial boomtown known as Y’all Street. A number of large companies are relocating their headquarters to Texas,…...
Virgin Australia to trim capacity after profit beat, sees stronger revenue
1+ day, 7+ hour ago (256+ words) Aug 28 (Reuters) – Virgin Australia said on Friday it expected to trim domestic capacity by 3% in line with rival Qantas Airways in the first half, supporting revenue growth, after reporting better-than-expected full-year earnings. Australia’s No. 2 airline reported underlying net profit after…...
HP’s PC shipments drop overshadows strong revenue growth, shares slide
2+ day, 7+ hour ago (398+ words) Aug 26 (Reuters) – HP said on Wednesday its PC unit shipments and margins declined in the third quarter as price increases to offset rising memory chip costs proved to be insufficient, sending its shares down 9% in extended trading. That overshadowed strong…...
US says Chinese hackers broke into Justice Department, NASA, Federal Reserve, Senate
2+ day, 15+ hour ago (217+ words) By Raphael Satter and AJ Vicens WASHINGTON, Aug 26 (Reuters) – The United States said on Wednesday it had disrupted a Chinese hacking operation responsible for break-ins and attempts on the U.S. Justice Department, NASA, the Federal Reserve, the Senate, and other…...
Mark Walter’s TWG is working with regulators, says ‘no fraud’
2+ day, 15+ hour ago (549+ words) By Arasu Kannagi Basil Aug 26 (Reuters) – Billionaire Mark Walter’s holding company, TWG Global, is working with U.S. regulators to address concerns over related-party investments on the books of his insurance companies, the firm said in a statement on Wednesday,…...
China flexes its auto-safety chops with huge recall of Tesla, other cars
2+ day, 23+ hour ago (725+ words) SHANGHAI/BEIJING, Aug 26 (Reuters) – A huge recall in China last week aims to address a long-standing fear of EV owners: potentially being trapped in their cars when the power fails. It also highlights how Beijing is now spearheading new auto…...
California AG says no settlement talks scheduled with Paramount
3+ day, 7+ hour ago (388+ words) LOS ANGELES Aug 25 (Reuters) – California Attorney General Rob Bonta said on Tuesday there are no settlement talks scheduled with Paramount Skydance to resolve the antitrust suit seeking to block the studio’s proposed $110 billion acquisition of Warner Bros Discovery. Bonta said…...
European shares flat ahead of Nvidia earnings
2+ day, 23+ hour ago (354+ words) Aug 26 (Reuters) – European shares were largely flat on Wednesday as investors braced for Nvidia’s earnings report, while hopes that the Strait of Hormuz may reopen soon pushed oil prices lower. The pan-European STOXX 600 was up 0.06% at 656.87, as of 0823 GMT, with…...
Deloitte to pay $21.5 million to settle US government probe over DEI
3+ day, 7+ hour ago (355+ words) WASHINGTON, Aug 25 (Reuters) – Accounting firm Deloitte will pay $21.5 million to settle a U.S. Department of Justice probe over diversity, equity and inclusion practices, which President Donald Trump’s administration has cracked down on during his second term in office. The settlement marks…...
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