Updated Jan. 11, 2024 6:14 am ET Amazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot, after the bloc had raised concerns that the deal could stifle competition in the robot vacuum cleaner market. The European Commission, the EU’s executive arm, made its…
Comment on this storyComment Add to your saved stories Save Starbucks has long pitched itself as a mindful seller of coffee and tea, publicizing its supply chain standards, sharing photos of farms around the world and assuring customers on its product labels that it is “committed to 100% ethical” sourcing. But the international coffee brand…
Arezu Aghaseyedjavadi signed up for her first Barry’s class in 2017, motivated to give the high-intensity workout a try after noticing how fit everyone seemed when she flew from San Francisco to Los Angeles for weekly work trips. She lost 50 pounds in the first year and got hooked. More than 1,500 classes later, the…
If you’ve spent any amount of time on TikTok or talking to your 12-year-old niece, you’ve probably heard of the Stanley cup by now. The 40 oz. insulated tumbler with a handle has led to long lines, fights and a crazy resale market. We’re only 11 days into the new year, and already some marketers…
Both retailers beat expectations for the key festive period as overall food prices remain high.
Updated Jan. 11, 2024 4:34 am ET Thomson Reuters is launching a $626 million cash bid for Pagero Group, beating a rival offer made by Vertex for the Swedish e-invoicing provider last month. Thomson Reuters said Thursday that it will begin a public tender offer to acquire all of Pagero’s shares on Friday. It intends…
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than disclosed by the company’s CFO just…
Government aims to quadruple nuclear power supplies by 2050 and streamline regulation to speed up delivery.
Comment on this storyComment Add to your saved stories Save A North Carolina-based food company is recalling jars of what it calls dry hot sauces after failing to declare on labels that wheat is present in the product — an omission the company acknowledges could cause a “serious or life-threatening allergic reaction” to those with…
When Fujitsu won the contract to install computer terminals in over 17,000 Post Office branches around the UK, it called it “the biggest non-military IT project in Europe”, designed to automate and simplify everything from selling stamps to paying pensions.
