Oil Heads for Weekly Drop as Demand Woes Offset Middle East Risk
Oil headed for a fourth weekly decline as demand concerns in the world’s two biggest economies overshadowed heightened geopolitical risk.…
Samsung Chips Boss Warns of ‘Vicious Cycle’ Unless Changes Made
Samsung Electronics Co.’s chip business leader warned that Korea’s largest company risked getting caught in a “vicious cycle” if it…
US Justice Dept. is investigating Nvidia’s acquisition of AI startup, Politico reports
The U.S. Department of Justice is investigating chip giant Nvidia’s (NVDA) buyout of AI startup Run:ai on antitrust grounds, Politico…
Mastercard’s quarterly profit jumps on resilient spending
Mastercard’s second-quarter profit rose 17% as customers kept up spending heavily via its cards, sending shares of the payments giant…
Amazon is responsible for hazardous items sold by third-party sellers
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by…
Starbucks App Users Report Outage Ahead of Buy One, Get One Deal
Starbucks Corp.’s mobile ordering via its app appeared to be down on Tuesday morning. About 1,400 users reported issues around…
Spirit Airlines to start offering premium seating
Spirit Airlines said on Tuesday it will begin to offer premium seating options, marking a shift from its traditional business…
Mitsubishi Motors’ shares up on reports it will join Honda-Nissan partnership
Shares in Mitsubishi Motors surged on Monday following media reports that the Japanese automaker is in talks to join Nissan’s…
Yen rises amid fragile sentiment ahead of BOJ, Fed decisions
The yen edged higher on Monday, reversing early declines, with sentiment still fragile following the Japanese currency’s best weekly rally…
Oil Holds Near Six-Week Low With Chinese Demand, OPEC+ in Focus
Oil steadied near a six-week low as positive Chinese economic data helped ease concern over demand in the world’s biggest…