Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts
PARIS (Reuters) – In a world first, Facebook has agreed to hand over the identification data of French users suspected…
FedEx profit beats estimates, warns of pain in 2020 from trade war
(Reuters) – Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned that U.S.-China…
Amazon gets U.S. patent to use delivery drones for surveillance service
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal…
India to impose retaliatory tariffs on 28 U.S. goods from Sunday
NEW DELHI (Reuters) – India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from…
Brazil’s Centauro lifts Netshoes buyout offer by 11%
SAO PAULO (Reuters) – Grupo SBF SA, operator of Brazil’s Centauro stores, again boosted its offer for online sports retailer…
PetSmart’s Chewy gets Wall Street tails wagging with $1 billion IPO
NEW YORK (Reuters) – Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above…
Pompeo to push in India for more U.S. access to local markets
FILE PHOTO: U.S. Secretary of State Mike Pompeo speaks at a joint news conference in The Hague, Netherlands June 3,…
Republican senator criticizes potential dual U.S. antitrust tech probes
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo from Reuters files. REUTERS WASHINGTON (Reuters)…
U.S. pet doctors steel themselves for online pharmacy challenge
(Reuters) – A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians…
U.S. pet doctors steel themselves for online pharmacy challenge
(Reuters) – A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians…
Amazon to shut restaurant delivery service in U.S
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, May 13, 2019. REUTERS/Pascal…
FedEx to end Amazon contract for FedEx Express plane service
(Reuters) – FedEx Corp on Friday decided to not renew its contract with Amazon.com Inc for U.S. cargo delivery through…
Amazon’s Bezos says robotic hands will be ready for commercial use in next 10 years
LAS VEGAS (Reuters) – Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots…
U.S. moving toward major antitrust probe of tech giants
WASHINGTON (Reuters) – The U.S. government is gearing up to investigate the massive market power of Amazon, Apple, Facebook and…
House panel to probe competition in digital markets
WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee said on Monday it had started a bipartisan investigation into…
Alphabet shares slide 6% on possible DoJ antitrust probe
(Reuters) – Alphabet Inc’s shares closed 6% down on Monday following reports that the U.S. Justice Department may investigate Google…
Factbox: U.S. companies warn Trump’s tariffs could hit results
(Reuters) – A host of U.S. consumer companies have warned that costs related to tariffs on goods imported from China…
Amazon shareholders reject facial recognition ban as concern grows in U.S. Congress
(Reuters) – Amazon.com Inc said shareholders rejected proposals to curb and audit its facial recognition service on Wednesday, just as…
Nordstrom cuts 2019 forecast after quarterly results miss big
(Reuters) – Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter…
Billionaire Bezos unveils moon lander mockup, embraces Trump’s lunar timetable
WASHINGTON (Reuters) – Billionaire entrepreneur Jeff Bezos unveiled on Thursday a mockup of a lunar lander being built by his…
Sticker shock from Trump’s new trade tariffs months away
(Reuters) – It may take three or four months for American shoppers to feel the pinch from President Donald Trump’s…
‘We screwed up’ not buying Google shares, Berkshire’s Munger says
Berkshire Hathaway Vice Chairman Charlie Munger walks past a crowd at the annual Berkshire shareholder shopping day in Omaha, Nebraska,…
Amazon aims to bring one-day delivery to Prime members around the globe
(Reuters) – Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead…
Microsoft tops $1 trillion as it predicts more cloud growth
(Reuters) – Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued…
EBay raises forecast as redesign draws customers, boosts ad revenue
(Reuters) – EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms…
Sears sues Lampert, claiming he looted assets and drove it into bankruptcy
NEW YORK (Reuters) – Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others…
Foxconn’s Gou says will follow order of sea goddess to run for Taiwan presidency
FILE PHOTO: Terry Gou, founder and chairman of Foxconn, greets during an event that marks the 40th anniversary of the…
Foxconn says Gou will remain chairman, to withdraw from daily operations
FILE PHOTO: Terry Gou, founder and chairman of Taiwan’s Foxconn Technology, attends a session of the second annual World Internet…
China’s JD.com boss criticizes ‘slackers’ as company makes cuts
SHANGHAI (Reuters) – Richard Liu, the founder of Chinese e-commerce giant JD.com Inc, has weighed in on an ongoing debate…
Amazon buys warehouse robotics startup Canvas Technology
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal…
National Enquirer: Bezos’ girlfriend’s brother ‘single source’ for reports
WASHINGTON (Reuters) – The publisher of the National Enquirer on Sunday said its reports on Amazon Chief Executive Jeff Bezos’…
EU clinches copyright overhaul deal, tech giants in focus
BRUSSELS (Reuters) – The European Union is set to rewrite its two-decades-old copyright rules which will force Alphabet Inc’s Google…
U.S. fund managers brace for consumer slowdown
(Reuters) – With expectations for slowing growth escalating, U.S. fund managers are selectively avoiding stocks in consumer companies as lofty…
National Enquirer owner defends reporting on Amazon’s Bezos
NEW YORK (Reuters) – The owner of U.S. tabloid newspaper the National Enquirer pushed back on Friday against accusations of…
Amazon removes numerous products from India site as new e-commerce rules bite
NEW DELHI/MUMBAI (Reuters) – E-commerce rules that went into effect in India on Friday caused widespread disruption for Amazon.com, forcing…
Amazon sales outlook disappoints after record holiday quarter
(Reuters) – Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty…
EU tax on big digital companies could be struck by March: French minister
FILE PHOTO – French Finance Minister Bruno Le Maire leaves following the weekly cabinet meeting at the Elysee Palace in…
Supermarket retailer Casino to sell six stores to rival Leclerc
FILE PHOTO: The logo of Casino shop is seen in Nice, France, January 15, 2019. REUTERS/Eric Gaillard/File Photo PARIS (Reuters)…
PBGC steps in to oversee Sears’ two pension plans
FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York,…
Nordstrom’s full-price comparable sales for holiday season disappoints
FILE PHOTO: The Nordstrom store is pictured in Broomfield, Colorado, February 23, 2017. REUTERS/Rick Wilking (Reuters) – Nordstrom Inc (JWN.N)…
Amazon CEO Jeff Bezos and wife MacKenzie to divorce
(Reuters) – Amazon.com Inc founder and Chief Executive Jeff Bezos, the world’s richest man, and wife MacKenzie Bezos are divorcing…
Sears Chair Lampert makes $4.4 billion bid to keep retailer alive
(Reuters) – Sears Holdings Corp Chairman Eddie Lampert submitted a $4.4 billion takeover bid for the bankrupt U.S. retailer, representing…
Facebook says preferential data access was with user permission
A woman looks at the Facebook logo on an iPad in this photo illustration taken June 3, 2018. REUTERS/Regis Duvignau/Illustration…
Tech giants in spotlight as EU lawmakers consider strong action
BRUSSELS (Reuters) – Google (GOOGL.O), Amazon (AMZN.O), Apple (AAPL.O) and other tech giants face one of their biggest challenges this…
Investors caught in crossfire of fight for holiday shoppers
NEW YORK (Reuters) – Investors would normally be thankful for a strong U.S. economy, yet this holiday season they worry…
Spenders or thrifters: As Singles’ Day nears, are China’s shoppers about to drop?
SHANGHAI (Reuters) – China is gearing up for the biggest shopping event of the year on Sunday, a day dominated…
Alphabet misses Wall Street revenue estimates; shares fall
(Reuters) – Google parent Alphabet Inc (GOOGL.O) on Thursday missed analysts’ quarterly revenue estimates for the first time in at…
With market on edge, investors look to tech trio
SAN FRANCISCO (Reuters) – The pressure is on for Amazon, Alphabet and Microsoft as they prepare to report quarterly results…
The night a Chinese billionaire was accused of rape in Minnesota
MINNEAPOLIS/NEW YORK (Reuters) – With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21-year-old University of Minnesota…
Comcast outbids Fox with $40 billion offer for Sky in auction
LONDON (Reuters) – Comcast (CMCSA.O) beat Rupert Murdoch’s Twenty-First Century Fox (FOXA.O) in the battle for Sky (SKYB.L) on Saturday…
U.S. agency accuses Walmart of pregnancy discrimination in lawsuit
(Reuters) – The U.S. Equal Employment Opportunity Commission on Friday filed a lawsuit accusing Walmart Inc of forcing pregnant workers…
What sector overhaul means for tech stocks, Wall Street
NEW YORK (Reuters) – The most significant changes to Wall Street’s broad industry sectors since 1999 will take effect Monday,…
AstraZeneca plots China robot offensive to counter price cuts
WUXI, China/LONDON (Reuters) – With smart cancer diagnostics, one-stop-shop diabetes kits and AI systems to improve ambulance pick-ups for patients…
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming…
Tariffs threaten market-leading tech, consumer stocks
NEW YORK (Reuters) – U.S. technology and consumer discretionary stocks have been insulated from global trade tensions, but if another…
Amazon’s Bezos says Trump should be ‘glad’ of media scrutiny
WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) Chief Executive Jeff Bezos said on Thursday the company would announce a decision on…
Alibaba’s Jack Ma to unveil succession plan next week, remain chairman
BEIJING (Reuters) – Alibaba Group Holding Ltd’s (BABA.N) billionaire co-founder Jack Ma will announce a succession plan on Monday to…
Alibaba co-founder Jack Ma to retire: New York Times
(Reuters) – Alibaba Group Holding Ltd’s (BABA.N) co-founder and executive chairman, Jack Ma, will retire from the e-commerce company on…