New Jersey expected to announce vaping restrictions within weeks
(Reuters) – Within weeks, New Jersey could become the latest state to restrict e-cigarette use, with the governor on Thursday launching a task force to find ways to curb vaping,…
Lloyds and Barclays hit by $4 billion insurance mis-selling claims
LONDON (Reuters) – Lloyds (LLOY.L) and Barclays (BARC.L) on Monday said a surge in late claims could see them pay out around $2 billion more each to settle Britain’s costliest…
Qualcomm-Samsung axis brings 5G to the masses as Huawei struggles
SAN FRANCISCO/BERLIN (Reuters) – Qualcomm Inc (QCOM.O) promised on Friday to bring 5G mobile phones to the masses with a high-end modem and said its chips would also power mid-price…
Vuitton to hire more French handbag makers as Chinese sales boom
BEAULIEU-SUR-LAYON, France (Reuters) – LVMH’s (LVMH.PA) Louis Vuitton brand will hire another 1,500 manufacturing staff in France by 2022, as it expands production to meet strong demand in markets like…
Fed’s Powell says politics play no role in interest-rate decisions
U.S. Federal Reserve Chairman Jerome Powell speaks during the “The Economic Outlook and Monetary Policy” panel discussion hosted by the Swiss Institute of International Studies at the University of Zurich…
Exclusive: U.S. congressional probe finds possible lapses in Deutsche Bank controls – sources
LONDON/NEW YORK (Reuters) – U.S. congressional investigators have identified possible failures in Deutsche Bank AG’s (DBKGn.D) money laundering controls in its dealings with Russian oligarchs, after the lender handed over…
Fed Chair Powell repeats vow to act ‘as appropriate’
ZURICH (Reuters) – The U.S. Federal Reserve will continue to act “as appropriate” to sustain the economic expansion in the world’s biggest economy, Fed Chair Jerome Powell said Friday in…
U.S.-China trade conflict could take years to resolve: Kudlow
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Friday the United States wants “near term” results from U.S.-China trade talks in September and October but cautioned that…
U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight month, but strong wage gains should support consumer spending and…
Roku targets UK as smart TV platform duel with Amazon hots up
BERLIN (Reuters) – Streaming company Roku, whose software runs one in three smart TVs in the United States, is turning to the British market as competition with Silicon Valley giant…