Year: 2024

(Reuters) -Advance Auto Parts said on Thursday it will close about 500 stores by mid-2025 and cut some jobs as demand for vehicle parts takes a hit from fewer consumers…

(Reuters) -The U.S. Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft (NASDAQ:MSFT)’s cloud computing business, sources familiar with the matter told Reuters on Thursday.…

By Ilona Wissenbach FRANKFURT (Reuters) – Elon Musk’s hugely successful rockets-to-satellites SpaceX venture would raise anti-trust concerns if it had to operate in Europe, the head of aerospace group Airbus…

WASHINGTON (Reuters) – The U.S. Treasury Department said on Thursday that New York-based insurer MetLife (NYSE:MET)’s unit, American Life Insurance (NS:LIFI) Company, agreed to settle its potential civil liability for…

LONDON (Reuters) – A Republican sweep in the U.S. elections puts rating agency Morningstar DBRS “more on alert” regarding the country’s fiscal accounts, managing director for global sovereign ratings Nichola…

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -Wall Street’s main indexes were subdued on Thursday after monthly producer prices rose as expected, with investors awaiting Fed Chair Jerome Powell’s…

(Reuters) -The Center for Countering Digital Hate said on Thursday it would leave Elon Musk-owned social media site X, citing concerns that upcoming changes to the platform’s terms of service…