FTC sues Asbury Automotive for charging Black, Latino customers more
By Jody Godoy WASHINGTON (Reuters) -The U.S. Federal Trade Commission sued Asbury Automotive Group on Friday, alleging that three of…
Trump, Harris to vie for Pennsylvania votes with rally, bus tour
By Nathan Layne and Joseph Ax WILKES-BARRE, Pennsylvania (Reuters) – Republican Donald Trump and Democrat Kamala Harris will hold dueling…
Porsche agrees to provide capital in Varta restructuring deal
FRANKFURT (Reuters) – German battery maker Varta said on Saturday it had reached a restructuring agreement with its creditors, bringing…
X to close operations in Brazil ‘effective immediately’
SAO PAULO (Reuters) – Media platform X said on Saturday it would close its operations in Brazil “effective immediately” due…
GSK to seek dismissal of Florida case against heartburn drug Zantac
(Reuters) – British drugmaker GSK said on Friday it would seek a dismissal of an upcoming Zantac case in Florida,…
Hong Kong second-quarter GDP expands 3.3% on year
HONG KONG (Reuters) – Hong Kong’s economy expanded by 3.3% in the second quarter from a year earlier, the government…
ExodusPoint’s assets drop $1 billion in first half
By Carolina Mandl NEW YORK (Reuters) – ExodusPoint Capital Management reported a $1 billion drop in assets under management in…
Harris aims at stubbornly high prices
(Reuters) – Vice President Kamala Harris’ speech in Raleigh, North Carolina, on Friday will focus on economics, and specifically around…
US expects billions in savings from Medicare drug price cuts of up to 79%
By Patrick Wingrove and Trevor Hunnicutt WASHINGTON (Reuters) -The Biden administration said on Thursday it has negotiated down the prices…
Flynn Group buys 83 more Wendy’s franchises in US
By Waylon Cunningham (Reuters) – Flynn Group, which says it is the world’s biggest franchise operator, bought 83 Wendy’s franchises…