Category Archives:
Mercedes-Benz starts trial in class action suit over diesel tests
BERLIN (Reuters) - Mercedes-Benz went on trial on Tuesday in a class action-style lawsuit which alleges that the German carmaker knowingly manipulated diesel-emissions tests by installing defeat devic...
Jul 12, 2022
Dollar General CEO Todd Vasos to retire, insider Owen to take over
(Reuters) -Dollar General Corp said on Tuesday that Todd Vasos will step down as the discount retailer's chief executive officer to be succeeded by Chief Operating Officer Jeffery Owen. Vasos will exi...
Jul 12, 2022
Peloton to exit in-house manufacturing of its bike, tread products
(Reuters) -Exercise equipment maker Peloton Interactive said on Tuesday it will cease to manufacture its bike and tread products in-house and hire a third-party manufacturer in an effort to simplify i...
Jul 12, 2022
Venture capital firm Cathay launches $1 billion fund to invest in sustainable tech
(Reuters) - Cathay Innovation, a global venture capital group backed by TotalEnergies, has launched a 1 billion euro ($1 billion) fund to invest in technology start-ups with an eye on sustainability, ...
Jul 12, 2022
U.S. small business sentiment drops near 9-1/2-year low in June- NFIB
WASHINGTON (Reuters) - U.S. small-business confidence dropped to the lowest level in nearly 9-1/2 years in June amid concerns about inflation, but demand for labor remained solid as businesses continu...
Jul 12, 2022
Demand, costs in focus as U.S. airlines report earnings
By Rajesh Kumar Singh CHICAGO (Reuters) - Major U.S. airlines are poised to post their strongest earnings since the start of the pandemic when they report quarterly results starting on Wednesday. But ...
Jul 12, 2022
PepsiCo raises annual revenue forecast on resilient snacks, soda demand
(Reuters) - PepsiCo Inc raised its full-year revenue forecast on Tuesday, helped by sustained demand for sodas and snacks even in the face of rising prices. Packaged food makers have so far felt littl...
Jul 12, 2022
U.S. Capitol riot probe turns focus to Trump allies and extremist groups
By Patricia Zengerle WASHINGTON (Reuters) - Congressional investigators into the Jan. 6, 2021, attack on the U.S. Capitol on Tuesday will seek to draw connections between then-President Donald Trump's...
Jul 12, 2022
Walmart to expand its delivery fleet with EVs from Canoo
(Reuters) - Walmart Inc has signed a deal with electric vehicle maker Canoo Inc to purchase delivery vehicles as part of the U.S. retailer's goal to achieve zero emissions by 2040. Walmart will buy 4,...
Jul 12, 2022
President Biden faces deadline in U.S. railroad labor standoff
By Lisa Baertlein LOS ANGELES (Reuters) - U.S. President Joe Biden faces a deadline next week to intervene in nationwide U.S. railroad labor talks covering 115,000 workers, or open the door to a poten...
Jul 12, 2022
Peoria, IL, USA
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