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Nike quarterly profit falls as costs soar
(Reuters) - Nike Inc reported a decline in its quarterly profit on Thursday, hurt by higher costs and a stronger dollar. The company's shares, one of the worst performing Dow components so far this ye...
Syndicated Content Sep 29, 2022
Barclays to pay SEC $361 million on over-issuance of securities
(Reuters) -Barclays Plc and an affiliate on Thursday agreed to pay $361 million to settle U.S. Securities and Exchange Commission charges connected to the unregistered offer and sale of "an unpreceden...
Syndicated Content Sep 29, 2022
Micron forecasts first-quarter revenue below estimates as demand worsens
(Reuters) - Memory chipmaker Micron Technology forecast first-quarter revenue below Wall Street estimates on Thursday as demand from its key end markets including PCs and smartphones worsen amid risin...
Syndicated Content Sep 29, 2022
U.S. Federal Trade Commission sues pesticide makers, alleging price scheme
By Leah Douglas WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday sued two top pesticide manufacturers for allegedly entering into exclusive contracts with distributors that kept pri...
Syndicated Content Sep 29, 2022
Marketmind: Kickin’ up a storm
(Reuters) - A look at the day ahead in Asian markets from Jamie McGeever As Hurricane Ian batters parts of Florida, investors are once again battening down the hatches to protect themselves from the s...
Syndicated Content Sep 29, 2022
UK, U.S. trade officials discuss challenges posed by China
WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai met Britain's new trade minister, Kemi Badenoch, on Thursday, and the two discussed addressing challenges posed by China, Tai's office sa...
Syndicated Content Sep 29, 2022
U.S. judge says Trump will not be required to attest to accuracy of FBI’s list of seized records
WASHINGTON (Reuters) - A federal judge on Thursday ruled that former President Donald Trump does not have to provide the court with a sworn statement attesting to whether a list of items seized by the...
Syndicated Content Sep 29, 2022
Peloton loses lawsuit against Lululemon over new apparel line
By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge on Thursday dismissed Peloton Interactive Inc's lawsuit seeking a declaration it did not infringe Lululemon Athletica Inc's patents in developing ...
Syndicated Content Sep 29, 2022
Explainer-How a massive options trade by a JP Morgan fund can move markets
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A nearly $16 billion JP Morgan fund is expected to reset its options positions on Friday, potentially adding to equity volatility at the end of a gloomy quart...
Syndicated Content Sep 29, 2022
Biden says U.S. and world security depend on Pacific security
WASHINGTON (Reuters) - U.S. President Joe Biden told Pacific island leaders on Thursday that the security of the United States and the world depended on security in their region. Biden spoke at the St...
Syndicated Content Sep 29, 2022
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