FTC accuses Uber of misleading subscribers
By Jody Godoy WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Monday sued Uber Technologies, accusing it of signing up some Uber One subscribers without their knowledge and making…
Shopify must face data privacy lawsuit in US
By Jonathan Stempel (Reuters) -A U.S. appeals court on Monday revived a proposed data privacy class action against Shopify, in a decision that could make it easier for American courts…
Trump to meet major retailers to discuss tariffs, White House official says
WASHINGTON (Reuters) -U.S. President Donald Trump is set to meet with representatives from major retailers on Monday afternoon to discuss the effects of broad-based tariffs on their businesses, a White…
Walgreens to pay $300 million in US opioid settlement
(Reuters) -Walgreens has agreed to pay $300 million to settle U.S. prosecutors’ allegations that it illegally filled millions of invalid prescriptions for opioids and other controlled substances, the U.S. Justice…
Capital One, Discover deal approved by US bank regulators
By Chris Prentice and Saeed Azhar NEW YORK (Reuters) -U.S. banking regulators said on Friday they approved Capital One’s $35.3 billion purchase of Discover Financial Services , paving the way…
IRS acting head ousted after US Treasury chief wins power struggle with Musk, NYT reports
WASHINGTON (Reuters) – The acting commissioner of the U.S. Internal Revenue Service is being replaced after Treasury Secretary Scott Bessent complained to President Donald Trump that the latest leader of…
With inflation progress slow, Fed’s Daly says rate cuts may need to wait
(Reuters) -San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of interest rate cuts this year, rising risks of inflation…
Volvo to cut up to 800 US jobs as Trump’s tariffs bite
By Chris Prentice NEW YORK (Reuters) – Volvo Group plans to lay off as many as 800 workers at three U.S. facilities over the next three months due to market…
Apple CEO spoke with Lutnick about tariff impact on iPhone prices, Washington Post says
WASHINGTON (Reuters) – Apple CEO Tim Cook spoke with U.S. Commerce Secretary Howard Lutnick last week about the potential impact of President Donald Trump’s tariffs on iPhone prices, the Washington…
Applied Digital misses quarterly revenue estimates on datacenter hosting slowdown
(Reuters) – Applied Digital reported third-quarter revenue below Wall Street estimates on Monday due to a slowdown in the datacenter hosting business, sending shares of the company down 11% in…