Mar 28, 2023
Apple launches ‘buy now, pay later’ service in US

By Chavi Mehta and Akash Sriram (Reuters) -Apple Inc on Tuesday launched its "buy now, pay later" (BNPL) service in the United States, a move that threatens to disrupt the fintech sector dominated by firms like Affirm Holdings and Swedish…

Mar 28, 2023
Adidas ends partnership with Beyonce – WSJ

LONDON (Reuters) - Adidas has ended its fashion partnership with Beyoncé, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. If confirmed, it would mark a second high-profile split between Adidas and a celebrity partner, after…

Mar 27, 2023
Parts of Twitter source code leaked online, court filing shows

(Reuters) - Some parts of Twitter Inc's source code have been leaked and the social media platform owned by billionaire Elon Musk is seeking information on the person responsible, a legal filing showed. According to the filing, "various excerpts" of…

Mar 23, 2023
Hershey looking to remove lead, cadmium from chocolate -CFO

By Jessica DiNapoli HERSHEY, Pennsylvania (Reuters) -Hershey Co is looking to reduce "trace" amounts of lead and cadmium in its chocolate, chief financial officer Steve Voskiul told Reuters on Wednesday, after Consumer Reports found that some dark chocolate bars had…

Mar 21, 2023
U.S. Supreme Court divided over Coinbase arbitration dispute

By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday appeared divided over a bid by cryptocurrency exchange Coinbase Global Inc to halt customer lawsuits, including by a user who sued after a scammer stole money from…

Mar 20, 2023
U.S. states urge Hyundai, Kia to do more to tackle theft risk

By David Shepardson WASHINGTON (Reuters) -A group of 22 U.S. state attorneys general on Monday blasted Hyundai Motor and Kia Corp and said they need do more to address problems with millions of U.S. vehicles that are prone to theft.…

Mar 20, 2023
Google denies destroying ‘chat’ evidence in U.S. antitrust lawsuit

By Mike Scarcella (Reuters) - Alphabet Inc's Google has denied intentionally destroying evidence in the U.S. Justice Department's antitrust lawsuit over the company's search business, in a response to the government's bid for sanctions in federal court. The Justice Department…

Mar 17, 2023
Biden takes aim at failed bank executives’ pay, asks Congress to act

By Jeff Mason and Pete Schroeder WASHINGTON (Reuters) -U.S. President Joe Biden on Friday called on Congress to give regulators greater power over the banking sector, including leveraging higher fines for managers, clawing back executives' compensation and barring officials from…