Exclusive: Trump administration moves closer to easing gun exports
The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, including assault rifles and ammunition, people briefed on the matter told Reuters.
Roku tumbles 11% as Wall St. gives thumbs down to latest report
Roku Inc’s stock tumbled 11% on Thursday after the video streaming company gave a quarterly report that Wall Street deemed not good enough to justify its sky-high valuation.
Re-sale market drives hype around H&M designer collaborations
As fast-fashion giant H&M pushes more designer tie-ups, some consumers are eschewing the long lines outside stores to buy the looks in the fast-growing resale market.
UPS liable for shipping contraband cigarettes in New York, damages reduced: court
A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping hundreds of thousands of cartons of untaxed cigarettes, but reduced its payout for damages and unpaid taxes to about $97.6 million from $247…
SoftBank-backed Banco Inter launches app linking clients to stores
Brazilian mid-sized lender Banco Inter SA on Thursday launched a smartphone app offering clients direct access to more than 60 stores selling products from appliances to sneakers to beauty products.
U.S. charges New York company with illegal Chinese equipment sales
Federal prosecutors have filed criminal charges accusing a New York company of exposing the U.S. government and private customers to security risks by illegally importing and selling surveillance and security equipment from China.
T. Rowe Price’s McPherson sees green light for value stocks
Economic uncertainty has held back value stocks, but fund manager Heather McPherson of T. Rowe Price Group Inc sees plenty of opportunity to scoop up undervalued shares, including in the financial and utilities sectors.
Exclusive: Trump administration rule changes to ease gun exports progress
The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, including assault rifles and ammunition, people briefed on the matter told Reuters.
Wall Street hits fresh record high on trade deal hopes
Wall Street hit fresh record highs on Thursday, as investors cheered signs of progress in U.S.-China trade relations and a batch of largely upbeat earnings reports.
Exclusive: Beyond Meat eyes production in Asia before the end of 2020
Beyond Meat Inc aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based meat products in China, Executive Chairman Seth Goldman told Reuters.
