Play Stuff

The S&P 500 and the Nasdaq rallied on Monday ahead of tech earnings but the Dow faltered on a Disney downgrade and worries about the Chinese economy. Conway G.

Apple Inc on Monday launched two new MacBook Pro models powered by new in-house Apple Silicon chips as well as a new generation of its AirPods wireless earbuds and a $5-per-month music subscription service. This report produced by Tamara Lindstrom.

[NFA] Thousands of unionized workers are striking across the U.S., demanding higher pay, as rising prices and labor shortages squeeze American employers. This report produced by Zachary Goelman.

The National Association of Homebuilders' monthly survey showed its biggest increase in nearly a year. Meanwhile, Zillow shares plunged after the online real estate firm said it would pause buying houses for the rest of this year. Conway G. Gittens

Volvo Cars, owned by China's Geely, said Monday that an upcoming share sale would value it at up to $23 billion.

Philips says a shortage of computer chips and logistics headaches will hit its earnings in the coming months.

Facebook Inc plans to create 10,000 jobs in the European Union over the next five years, the social media giant said on Monday, to help build the so-called metaverse - an online world where people can use different devices to move and communicate in

Taiwan's Foxconn, known as a major maker of Apple's iPhones, has unveiled its first electric vehicles as it looks to shift beyond making gadgets for other brands.

When Nigel Upson checks the plucked chicken carcasses dangling from a rotating line at his poultry plant in England, he sees cash haemorrhaging out of his business from a perfect storm that has distressed every part of the farm-to-fork supply chain.

China's economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymakers to do more to prop up the faltering recover

U.S. stocks surged on Thursday as companies reported strong results and data on the labor market and inflation soothed worries about the outlook for higher rates.

A world energy crunch is expected to boost oil demand and further stoke inflation, likely slamming the brakes on the global economic recovery, according to a Thursday warning from the International Energy Agency. Conway G. Gittens has more.

Delivery drivers sporting the bright yellow colours of Yango Deli will be visible across London after the international e-grocery arm of Russian tech giant Yandex became the latest player to launch in the UK's crowded delivery market.

Domino's Pizza posted on Thursday its first drop in U.S. same-store sales in over a decade, signaling a slowdown in delivery demand for the world's largest pizza chain as consumers move away from their pandemic food-ordering habits.

From loan growth to trading revenues to advisory fees, financial results released Thursday from Bank of America, Citigroup, Wells Fargo and Morgan Stanley suggest the economic recovery was in full swing during the third quarter. Conway G.

Uniqlo-owner Fast Retailing says it expects a recovery in sales and profits to continue into next year as lockdowns ease.

IKEA, the world's biggest furniture brand, reported record high annual retail sales on Thursday despite global supply chain disruptions as housebound consumers spent more on their homes. Ciara Lee reports

Britain's 20-year binge on cheap food is coming to an end and food price inflation could hit double digits due to a tidal wave of soaring costs that are crashing through the supply chain, Britain’s biggest chicken producer said. Ciara Lee reports

Chinese factory prices are rising at a record rate, but weak demand has seen consumer price inflation fall, and that leaves policymakers with a dilemma.

An uptick in raw supply costs is causing a price hike in Japan's favourite consumer items, from coffee to beef bowls, though wages remain stagnant. Cafe owner Shizuo Mori is shouldering that extra cost out of fear of losing his customers.

President Joe Biden on Wednesday urged the private sector to help ease supply chain blockages that are threatening to disrupt the U.S. holiday season and said the White House plans a nationwide overhaul of the clogged system. This report produced by

Behind-the-scenes workers on Hollywood films and television shows will launch a nationwide strike next week unless contract talks with producers are resolved, their union said on Wednesday.

The S&P 500 and Nasdaq ended higher on Wednesday, led by gains in shares of big growth names like Amazon.com and Microsoft, but JPMorgan shares fell and weighed on the index even though the bank beat earnings expectations.

Facebook Inc will now count activists and journalists as "involuntary" public figures and so increase protections against harassment and bullying targeted at these groups, its global safety chief said in an interview this week. This report produced b

J.P. Morgan Chase, the largest U.S. bank, posted a hefty 24 percent jump in third-quarter profits as a pick-up in consumer and Wall Street activity led to stronger-than-expected results. Conway G. Gittens went through the numbers.

The U.S. Food and Drug Administration authorized British American Tobacco’s Vuse Solo e-cigarettes and tobacco-flavored pods, making it the first-ever vapor product to get clearance from the health regulator.

U.S. consumer prices increased solidly in September and are poised to rise further in the months ahead amid a surge in the costs of energy products, which casts doubt on the Federal Reserve's view that high inflation is transitory. Conway G. Gittens

Global supply chain issues are continuing to cause backlogs and empty store shelves across many industries. In quiet and rural northern England, a pig farm shows the complexity of the issue.

President Vladimir Putin said on Wednesday that Russia was ready to provide more gas to Europe if requested, emphatically rejecting the suggestion that Moscow was squeezing supplies for political motives.

Etihad Airways said on Wednesday it has raised $1.2 billion with a loan linked to environmental, social and governance (ESG) targets in global aviation.

A day after Washington warned U.S. shoppers they might not get all they want this Christmas, the UK has urged people not to start panic buying gifts.

Hit South Korean show "Squid Game" has officially become Netflix's biggest original series launch, the streaming service said on Wednesday.

Asian airlines are ramping up flights and special offers as travel restrictions ease around the region.

Rebuffing the Texas governor, American Airlines and Southwest Airlines said on Tuesday they would comply with U.S. President Joe Biden's executive order to require that their employees be vaccinated for COVID-19 by a Dec. 8 deadline.

Apple Inc is likely to cut down production of its iPhone 13 by as many as 10 million units due to the global chip shortage, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Toymaker Hasbro Inc on Tuesday said longtime Chairman and Chief Executive Officer Brian Goldner died, two days after he went on medical leave. This report produced by Freddie Joyner.

U.S. stocks finished lower on Tuesday, with investors jittery in the run up to third-quarter earnings, while a jump in Tesla shares helped support the market.

Alibaba Group founder and Chinese billionaire Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told R

[NFA] Three months after billionaire Jeff Bezos soared into space, his Blue Origin rocketship will blast off with another all-civilian crew, this time with “Star Trek” actor William Shatner in the lead role. Zachary Goelman has more.

Persistent supply chain disruptions and inflation pressures are constraining the global economy's recovery from the COVID-19 pandemic, the International Monetary Fund said on Tuesday as it cut growth outlooks for the United States and other major ind

In an interview the chairman of U.S. drugmaker Moderna has confirmed that Senegal, Rwanda, and South Africa are three 'potential' sites for its planned vaccine plant in Africa. Matthew Larotonda has more.

American Airlines estimated on Tuesday a smaller-than-expected adjusted loss for the third quarter and signaled improved bookings for the rest of the year, betting on increased holiday demand and a lifting of travel bans.

U.S. electric vehicle maker Tesla sold 56,006 China-made vehicles in September, the highest since it started production in Shanghai about two years ago, data from the China Passenger Car Association showed on Tuesday. Conway G. Gittens has more.

Authorities from Beijing to Chennai scrambled to fill a yawning power supply gap on Tuesday, triggering global stock and bond market wobbles on worries that rising energy costs will stoke inflation and curtail an economic recovery. Ciara Lee reports

French President Emmanuel Macron has launched a 30 billion euro investment plan dubbed "France 2030" that aims to help transform the country into a leader in zero-emission technologies including hydrogen fuels and mini nuclear reactors.

Samsung conglomerate chief Jay Y. Lee pleaded guilty in court on Tuesday to a charge of unlawful use of a controlled substance, as legal woes continue to haunt the executive even after his release on parole in August following a bribery conviction. C

EasyJet expects a loss of over $1.5 billion for the year to the end of September, but the budget airline says it's clear that recovery is under way with demand soaring from both leisure and business travellers.

China Evergrande Group on Tuesday missed its third round of bond payments in three weeks, intensifying market fears over contagion involving other property developers.

Amazon will let individual teams decide how many days per week corporate employees will work in the office.

U.S. stocks ended a choppy session lower on Monday as investors grew more nervous ahead of the third-quarter earnings reporting season. Fred Katayama rep

Many countries have committed to a goal of “net zero” emissions by 2050 to avert the worst of global warming. At United Nations climate conference, COP26, starting in Scotland at the end of October, establishing a global pricing mechanism for carbon

Jamie Dimon, JPMorgan Chase & Co chief executive, said on Monday at a conference by the Institute of International Finance that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is "worthless." This report produc

[NFA] Southwest Airlines said on Monday it expects to resume normal service this week after canceling more than 1,900 scheduled flights over the weekend, blaming unfavorable weather and air traffic issues in Florida. This report produced by Jillian K

Chevron on Monday set a target to cut operational emissions to net zero by 2050, joining a list of energy companies taking steps to reduce their carbon footprint.

Merck & Co Inc said on Monday it has applied for U.S. emergency use authorisation for its tablet to treat mild-to-moderate patients of Covid-19, putting it on course to become the first oral antiviral medication for the disease. This report produced

Ailing property developer China Evergrande has missed the deadline for payments on an offshore bond, according to Reuters sources, and now debt issued by rival firms is taking a hammering as jitters mount.

Oil prices surged again on Monday, following big gains last week and adding to a global energy crunch.

The Chinese Communist Party's official newspaper, the People's Daily, said minors have been buying or renting accounts to skirt new rules limiting video game time for children, and gaming platforms should do more to stop them.

South Korean tech giant Samsung said its current quarter results have surged 28%, the highest in three years due to rising prices of semiconductors and solid results from its display unit.

Chinese property developers' bonds and shares slumped on Friday with few clues as to how local regulators propose to contain the contagion from cash-strapped China Evergrande Group that faces nearly $150 million in offshore payment obligations next w

The U.S. Senate on Thursday took a step toward passing a $480 billion increase in Treasury Department borrowing authority, a move that would avert a catastrophic debt default later this month but set up another partisan showdown in early December. Th

U.S. hiring probably accelerated last month, a range of high-frequency indicators suggests, as the effects of the latest COVID-19 surge began to subside, but even a second straight weak employment report would be unlikely to derail the Federal Reserv

Pfizer and BioNTech have asked U.S. regulators to approve emergency use of their Covid-19 vaccine for children aged five to 11, and the vaccine could be ready for roll out as early as November, according to the White House. This report produced by Ji

Levi Strauss on Wednesday beat third-quarter revenue and profit estimates, boosted by an uptick in demand for jeans from people refreshing their wardrobes amid the easing of pandemic restrictions.

Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet and will back startups to support the continent's digital transformation. Ciara Lee reports

Moderna plans to invest about $500 million to build a factory in Africa to make up to 500 million doses of mRNA vaccines each year, including its COVID-19 shot, as pressure grows on the pharmaceutical industry to manufacture drugs on the continent.

English Premier League team Newcastle United looks set to be taken over by a Saudi investment fund tied to the country's Crown Prince, Mohammed bin Salman.

Nestle is launching plant-based substitutes for egg and shrimp that closely mirror the taste, nutrition and performance of the originals, extending its range in the fast growing vegan market.

Britain's competition regulator has scrapped its action against Ryanair and British Airways over their failure to offer refunds to passengers prevented from flying by COVID-19 restrictions, saying the legal position was unclear. Ciara Lee reports

The ripple effect of parts shortages and displaced workers due to the health crisis has created a logjam at U.S. ports, making it difficult for retailers to stock shelves ahead of the all-important holiday season. Lisa Bernhard produced this report.

General Motors has set a goal to double revenues by 2030, and will also roll out new electric vehicles and digital services in a bid to catch up with Tesla.

The U.S. Senate appeared near to a temporary deal to avert a federal debt default in the next two weeks, after Democrats said on Wednesday they might accept a Republican proposal to defuse the partisan standoff that threatens the broader economy. Thi

Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default. Conway G. Gittens has more.

Volvo Trucks has received an order for 100 electric trucks from shipping firm DFDS, one of the largest orders ever for electric trucks worldwide, the Swedish vehicle maker said on Wednesday (October 6).

Private employers added more jobs than expected in September as the health crisis started to ease, boosting chances the Federal Reserve could start pulling back on the extraordinary assistance it has provided to prop up the economy. Conway G.

Eighteen months in loungewear while remote working during the pandemic have left professionals all over Europe hankering for fresh wardrobes as they embrace hybrid working.

Alphabet Inc's Google cut fuel use and traffic delays by 10% to 20% at four locations in Israel by using artificial intelligence to optimize signal lights and it next plans to test the software in Rio de Janeiro, the company said on Wednesday.

Pinterest will roll out new features for brands to promote products and ideas to users, the digital pinboard company said Wednesday, part of an effort to grow online shopping on its site.

Apple will be hit with an EU antitrust charge over its NFC chip technology, people familiar with the matter said, a move that puts it at risk of a possible hefty fine and could force it to open its mobile payment system to rivals.

Cash-strapped AirAsia Group says it has reached a deal with Airbus to restructure its mammoth order for 362 planes.

Nvidia has offered concessions to the EU to help win approval for its $54 billion takeover of chip designer Arm.

A South Korean woman who was deluged with thousands of prank calls and text messages after her phone number was highlighted as a key plot point in Netflix's hit show "Squid Game" may soon get some relief after producers promised to recut the show to

Tesco, Britain's biggest retailer, raised its full-year outlook as it reported a 16.6% rise in first-half core retail profit and increased sales despite labour and supply chain disruption and tough COVID-19 related comparisons a year ago.

Samsung is expected to post record revenue and its best quarterly profit in three years this week, lifted by strong prices for memory chips and strong sales of its foldable smartphones.

During a Senate Commerce subcommittee hearing on Tuesday, in which U.S. lawmakers pounced on Facebook, whistleblower Frances Haugen called for transparency about how the social media giant entices users to extend their stay on the site, giving them a

President Joe Biden made a pitch in Michigan on Tuesday for his huge social spending package which he vowed would help modernize America and benefit the middle class, while lawmakers in his Democratic Party back in Washington wrangled over its price

President Joe Biden's Democrats planned a Wednesday vote in the Senate to suspend the U.S. debt ceiling, setting up yet another confrontation with Republicans that risks an economically crippling federal credit default. This report produced by Chris

U.S. stocks ended firmly higher on Tuesday powered by big tech stocks like Microsoft and Facebook in a rebound from the beat-down the group took the day before. Conway G. Gittens has the details.

Routine maintenance on Facebook's network caused Monday's collapse of its global system for more than six hours, the company said on Tuesday, in what a competitor said showed Facebook has too much power. Conway G.

Rent the Runway's now public IPO filing reveals a 39% decrease in revenue in 2020.

Mario Kristian and his team are building a budding community with their coffee and merch. No Free Coffee’s coffee and merch pop-ups around L.A. have been a hit since they started doing them in October of 2020.

The global auto industry's shift to electric vehicles (EVs) has spurred an expansion race among battery makers, and caused a growing skills shortage.

An app is helping students pick up super-short work contracts at the touch of a button, and is helping fix a staff shortage crisis in the UK's hospitality sector.

General Motors on Tuesday said it will open a battery cell development center in southeast Michigan to help it drive down the cost and boost the driving range of electric vehicles with lithium ion and solid-state battery cells.

PepsiCo raised its full-year revenue forecast on Tuesday, as the opening of public venues including theaters and restaurants following the lifting of pandemic-induced restrictions boosted demand for its sodas and snacks.

Australia will buy 300,000 courses of Merck & Co's experimental antiviral pill, Prime Minister Scott Morrison said on Tuesday (October 5), as Victoria logged the highest number of daily COVID-19 infections of any state in the country since the pandem

Customers and investors want supermarkets to improve their environmental credentials but are not prepared to accept higher prices or lower returns as a trade-off, the head of Britain's biggest retailer Tesco told the Reuters Impact conference. Ciara

The world's biggest mining companies have pledged to cut their emissions to net zero by 2050 or sooner, marking a pivotal moment for the industry.