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Latest News

Starbucks Corp is laying off about 350 global corporate employees, Chief Executive Officer Kevin Johnson said on Tuesday in a memo to employees, seen by Reuters.\n \n
The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks.\n \n
Blue Apron Holdings Inc said on Tuesday it would reduce its headcount by 4 percent, as the meal-kit delivery company focuses on its online business to help reverse six straight quarters of revenue declines.\n \n
Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products.\n \n
Oil\'s slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand and oversupply.\n \n
Oil prices plunged 7 percent on Tuesday on persistent concerns of oversupply and weakening global demand, causing Wall Street stocks to reverse early gains that were driven by the resumption of trade talks between the United States and China.\n \n
Thomson Reuters Corp has appointed tech and media veteran Michael Friedenberg as president of Reuters news and media operations, Thomson Reuters said on Tuesday.\n \n
Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country\'s 5G infrastructure amid concerns this could compromise national security.\n \n
The chief executive of Flipkart Group, Walmart Inc\'s Indian e-commerce business, resigned following an internal probe into accusations of \"serious personal misconduct,\" Walmart said Tuesday.\n \n
Amazon.com Inc picked America\'s financial and political capitals for its split new headquarters, saying on Tuesday it will build offices for more than 25,000 people each in New York City and close by Washington, D.C.\n \n

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