By Lisa Baertlein and Shivansh Tiwary (Reuters) - United Parcel Service investors want to see this week how the delivery giant is managing through the bursting e-commerce delivery bubble better than rival FedEx. The global shipping downturn has been a…
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve, set to approve another large interest rate increase early next month, is shifting to a debate over how much higher it can safely push borrowing costs and how and when to…
By Rajesh Kumar Singh and Aishwarya Nair (Reuters) -American Airlines Group Inc on Thursday forecast that fourth-quarter profit would exceed analyst estimates after posting better-than-expected earnings in the third quarter, as demand for travel remained resilient despite higher airfare and…
By Joey Roulette WASHINGTON (Reuters) - Elon Musk's SpaceX is expanding its satellite internet unit's foray into in-flight WiFi services with the rollout on Wednesday of Starlink Aviation, offering customers a $150,000 airplane antenna amid mounting competition for airborne connectivity.…
By Dawn Chmielewski and Lisa Richwine (Reuters) - Netflix Inc upended the global entertainment industry about a dozen years ago with a streaming video service that rendered network television programming schedules and movie screening times all but irrelevant. Now, Netflix…
(Reuters) -Apple Inc is cutting production of iPhone 14 Plus within weeks of starting shipments as it re-evaluates demand for the mid-range model, the Information reported on Tuesday, citing two people involved in the company's supply chain. The Cupertino, California-based…
By Daniel Wiessner (Reuters) -Starbucks Corp was sued on Monday by eight employees at a unionized South Carolina store who said the company falsely accused them of criminal conduct after they demanded a raise from their manager. The workers filed…
By Satoshi Sugiyama and Ben Klayman TOKYO/DETROIT (Reuters) - A new joint venture formed by Japan's Sony Group Corp and Honda Motor plans to introduce a premium electric vehicle later this decade, and the automaker's U.S. dealers are anxious to…
By Raphael Satter (Reuters) -Ephemeral messaging app Snap had employee data exposed by a breach at a third-party document analysis firm, according to a document reviewed by Reuters on Thursday. Snap said it had been told by document analysis company…
By Lucia Mutikani WASHINGTON (Reuters) - U.S. retail sales were unexpectedly flat in September as households cut back on purchases of motor vehicles and other big-ticket items like electronics and appliances amid stubbornly high inflation and rapidly rising interest rates.…