Stocks tumble on latest tariffs, soft jobs data
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks slumped on Friday, with the S&P on track for its biggest daily…
Apple’s tariff-fueled iPhone sales surge raises doubts about sustainability
By Harshita Mary Varghese and Joel Jose (Reuters) -Apple’s best revenue growth in three years failed to impress, with shares…
Amazon tumbles after cloud computing growth disappoints investors
By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant’s results fanned…
US winds down exports of LPG to Venezuela, Treasury says
WASHINGTON (Reuters) -The Trump administration on Monday wound down a license allowing shipments of liquefied petroleum gas (LPG) to Venezuela’s…
Tesla short sellers set to pocket about $1.4 billion in profits after stock slump
(Reuters) -Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on…
Apple takes fight against $587 million EU antitrust fine to court
By Foo Yun Chee BRUSSELS (Reuters) -Apple took a challenge against EU regulators to Europe’s second highest court on Monday…
Exxon signals lower oil, gas prices could hit second-quarter profit
By Sheila Dang HOUSTON (Reuters) -Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter…
Ford accuses law firms of fraudulent overbilling, including a 57-1/2 hour workday
By Jonathan Stempel (Reuters) – Ford sued several California lawyers and law firms on Wednesday, accusing them of fraudulently inflating…
Walmart plans job cuts in restructuring push to simplify operations
(Reuters) -U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify…
Nike set to raise prices next week, plans to sell on Amazon again
(Reuters) -Nike is planning to raise prices of some products from next week and will sell items on Amazon after…