By Ananya Mariam Rajesh (Reuters) - Nike is expected to forecast full-year profit below Wall Street estimates, as demand for the sportswear giant's products from wholesalers such as Foot Locker and Hibbett wanes in the United States due to still-high…
By Mike Spector, Joseph White and Dietrich Knauth NEW YORK (Reuters) - U.S. electric truck manufacturer Lordstown Motors filed for bankruptcy protection on Tuesday and put itself up for sale after failing to resolve a dispute over a promised investment…
By Hilary Russ and Caroline Valetkevitch (Reuters) -Workers at dozens of U.S. Starbucks locations held strikes on Sunday to express their outrage over accusations by the baristas' union that managers at several U.S. cafes removed rainbow flags and decorations supporting…
By Lisa Baertlein and Bianca Flowers (Reuters) - Workers at aerospace supplier Spirit AeroSystems were the latest U.S. union employees to reject a contract their leaders negotiated with their employer, joining freight railroad employees, airline pilots and others who are…
By Yuvraj Malik (Reuters) -A group of buyers including Fortress Investment Group may take over Vice Media after the consortium's $225-million offer for the bankrupt company emerged as the only "qualified" bid on the table, according to a legal filing. Thursday's…
By Howard Schneider WASHINGTON (Reuters) -Further Federal Reserve rate increases are "a pretty good guess" of where the central bank is heading if the economy continues in its current direction, Fed Chair Jerome Powell said in remarks on Wednesday to…
By Joanna Plucinska and Valerie Insinna PARIS (Reuters) -Ukraine is in negotiations with Western arms manufacturers to boost production of weapons, including drones, and could sign contracts in coming months, a Ukrainian minister told Reuters. Since Russia's invasion of Ukraine…
FRANKFURT (Reuters) -The European Central Bank should err on the side of further interest rate hikes as inflation could come in even higher than it expects, two ECB policymakers said on Monday, even as the bank's chief economist opened the…
(Reuters) -BlackRock, the world's biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure to the cryptocurrency, as the asset class comes under intense regulatory scrutiny. BlackRock's iShares Bitcoin Trust will…
By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Thursday granted a request from prosecutors to try some of their charges against Sam Bankman-Fried in a second trial next year separate from his scheduled Oct. 2 trial over the…
