Category Archives:
Peloton sues Lululemon in dispute over new apparel line
By Jonathan Stempel NEW YORK (Reuters) - Peloton Interactive Inc, the exercise bike company, has sued Lululemon Athletica Inc after the athletic apparel maker threatened its own lawsuit over Peloton's...
Syndicated Content Nov 26, 2021
Analysis-New COVID scare sparks rate rethink in markets
By Dhara Ranasinghe and Yoruk Bahceli LONDON (Reuters) - Risks of a new COVID hit to economic activity are clobbering expectations for rate hikes next year from the world's major central banks, a pote...
Syndicated Content Nov 26, 2021
Euro zone economy faces risk from new surge in virus, ECB policymakers say
S'AGARO, Spain (Reuters) -The euro zone economy is still rebounding but it faces a fresh challenge from a rise in coronavirus cases and a new variant, two European Central Bank policymakers said on Fr...
Syndicated Content Nov 26, 2021
U.S. retail stocks slide on Black Friday as new virus worries arise
By Medha Singh (Reuters) - Shares of U.S. department-store operators slid on Friday as the detection of a new coronavirus variant possibly resistant to existing vaccines compounded woes stemming from ...
Syndicated Content Nov 26, 2021
Payments firm Klarna’s Jan-Sep losses grow on soured credits
STOCKHOLM (Reuters) - Losses for Swedish payments firm Klarna deepened in the year to the end of September, while transactions using its platform jumped in the final three months of the period, result...
Syndicated Content Nov 26, 2021
Oil gushing from Nigerian wellhead blasts hopes of those living nearby
By Tife Owolabi NEMBE, Nigeria (Reuters) - Three weeks after the Santa Barbara wellhead failed, it is still blasting water, gas and oil across Nembe in Nigeria's Delta, littering the shoreline and wat...
Syndicated Content Nov 26, 2021
Blinken to visit Latvia, Sweden next week for NATO, OSCE meetings
WASHINGTON (Reuters) - U.S. Secretary of State Antony Blinken will travel to Latvia and Sweden next week, the U.S. State Department said on Friday, to attend NATO and Organization for Security and Co-...
Syndicated Content Nov 26, 2021
From cruise operators to airlines: ‘Reopening’ stocks tumble on variant fears
By Akash Sriram (Reuters) - Companies benefiting from this year's economic reopening, including AMC Entertainment, United Airlines and Carnival Corp, were hammered on Friday by fears over a new and po...
Syndicated Content Nov 26, 2021
Biden administration to release federal oil leasing review soon – sources
(Reuters) - The U.S. Interior Department will release a long-awaited report reviewing the environmental costs and economic benefits of the nation's federal oil and gas leasing program as early as Frid...
Syndicated Content Nov 26, 2021
U.S. bond funds see first weekly outflow in over four months -Lipper
(Reuters) - U.S. bond funds posted a net outflow in the week to Nov. 24 as investors raised bets that the Federal Reserve would become more aggressive in normalizing monetary policy to fight inflation...
Syndicated Content Nov 26, 2021
Peoria, IL, USA
77 °F Partly cloudy
