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Kohl’s CEO Kingsbury to step down
(Reuters) – Kohl’s (NYSE:KSS) said on Monday that Tom Kingsbury plans to step down as CEO, effective Jan. 15, 2025, and will be replaced by Ashley Buchanan. The company said…
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US rejects bid to rethink new automobile automatic emergency braking rules
WASHINGTON (Reuters) – The National Highway Traffic Safety Administration said on Monday it will not reconsider a landmark rule finalized in April requiring nearly all new cars and trucks by…
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Meta faces April trial in FTC case seeking to unwind Instagram merger
By Jody Godoy NEW YORK (Reuters) – Facebook owner Meta Platforms (NASDAQ:META) will face trial in April over the U.S. Federal Trade Commission’s allegations that the social media platform bought…
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After-hours movers: Zoom, Agilent, HanesBrands, Kohl’s
After-Hours Stock Movers: Zoom (NASDAQ:ZM) shares fell 4% after it reported third quarter results and guidance that was slightly ahead of consensus views. Total revenue for the third quarter was…
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Google’s US antitrust trial over online ad empire draws to a close
By Jody Godoy and David Shepardson ALEXANDRIA, Virginia (Reuters) – The U.S. Justice Department told a federal judge Alphabet (NASDAQ:GOOGL)’s Google illegally dominated online advertising technology in seeking a second…
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Zoom raises annual revenue forecast
(Reuters) -Zoom Video Communications raised its forecast for fiscal 2025 revenue on Monday, anticipating robust demand for its online video conferencing software as it expands its product portfolio, and clients…
