Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Nike to streamline operations, misses quarterly sales estimates on weak demand
(Reuters) -Nike said on Thursday it was seeking $2 billion in savings over the next three years by streamlining operations, after it missed quarterly sales estimates due to a weak North American whole...
Dec 21, 2023
Synlait, A2 Milk appoint arbitrator for ongoing arbitration process
(Reuters) - New Zealand's Synlait said on Friday an arbitrator has been appointed for the arbitration process with its second-largest stakeholder A2 Milk Co and both the companies are working on an ag...
Dec 21, 2023
Apple cannot repair older out-of-warranty watches during ban – Bloomberg News
(Reuters) -Apple customer service teams were informed in a company memo this week that it will no longer replace out-of-warranty models going back to Apple Watch Series 6, Bloomberg News reported on T...
Dec 21, 2023
GM says Cadillac Lyriq, Chevrolet Blazer EV to temporarily lose tax credit
WASHINGTON (Reuters) - General Motors said Thursday it expects its Cadillac Lyriq and Chevrolet Blazer EV will temporarily lose eligibility for a U.S. electric vehicle tax credit starting Jan. 1. The ...
Dec 21, 2023
Argentina presidential decree unveiled, investors keep ‘close eye’ on congress
By Lucinda Elliott and Jorge Otaola BUENOS AIRES (Reuters) -Argentine sovereign debt rose on Thursday and stocks dipped after early gains, as financial markets cautiously welcomed a presidential decre...
Dec 21, 2023
Paychex’s quarterly revenue growth slows on weak client spending
(Reuters) - Payroll services provider Paychex reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses and a slower pace of hiring, sending it...
Dec 21, 2023
California sues Kroger unit for rejecting job seekers with criminal records
By Daniel Wiessner (Reuters) - California filed a lawsuit against Kroger Co subsidiary Ralph's Grocery Co on Thursday, accusing it of violating state law by screening out hundreds of job applicants ba...
Dec 21, 2023
Microsoft ending support for Windows 10 could send 240 million PCs to landfills – report
By Akash Sriram (Reuters) - Microsoft Corp's plan to end support for Windows 10 operating system could result in about 240 million personal computers (PCs) being disposed, potentially adding to landfi...
Dec 21, 2023
Mortgage rates continue to soften – Freddie Mac
By Amina Niasse NEW YORK (Reuters) - Mortgage rates fell to a six-month low this week to the lowest figure since June, indicating relief has come to prospective buyers on the back of a rallying bond m...
Dec 21, 2023
Ozy Media sues Semafor, founder Ben Smith for allegedly stealing trade secrets
NEW YORK (Reuters) - Ozy Media on Thursday sued startup news outlet Semafor and its founder Ben Smith for allegedly stealing trade secrets from the U.S. media and entertainment company, court records ...
Dec 21, 2023
