SUSTAINABLE-BUSINESS

Biden hops into Corvette, declares Detroit 'back' at EV-focused auto show

Biden hops into Corvette, declares Detroit ‘back’ at EV-focused auto show

Register now for FREE unlimited access to Reuters.com Register DETROIT, Sept 14 (Reuters) – President Joe Biden took a victory lap on Wednesday at the Detroit auto show as he highlighted automakers’ electric-vehicle push, including billions of dollars in investments in battery plants, on the back of new government support. Self-declared “car guy” Biden climbed …

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Google loses challenge against EU antitrust decision, other probes loom

Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet up pressure. …

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Starbucks projects profit growth from tech, stores, workers spending

Starbucks projects profit growth from tech, stores, workers spending

Register now for FREE unlimited access to Reuters.com Register SEATTLE, Sept 13 (Reuters) – Starbucks Corp (SBUX.O) projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previous guidance based on spending plans of $2.5 to $3 billion over the same period on technology, new stores …

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U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources

U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources

CHICAGO, Sept 13 (Reuters) – Some U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage, an agricultural association and sources at two grain cooperatives said on Tuesday, threatening exports and feed deliveries for livestock. With farmers starting to harvest autumn crops that are shipped to meat and …

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Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may …

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Biden administration presses unions, railroads to avoid shutdown

Biden administration presses unions, railroads to avoid shutdown

The United States Chamber of Commerce building is seen in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Sept 12 (Reuters) – The Biden administration urged railroads and unions to reach a deal to avoid a railroad work stoppage, saying on Monday it would …

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Canada's real problem is not job losses, it's the rush to retire

Canada’s real problem is not job losses, it’s the rush to retire

Register now for FREE unlimited access to Reuters.com Register OTTAWA, Sept 11 (Reuters) – More than a year after the Great Resignation took hold in the United States, Canada is grappling with its own greyer version: The Great Retirement. Canada’s labor force grew in August, but it fell the previous two months and remains smaller …

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U.S. job growth solid in August; labor market pressure starting to ease

U.S. job growth solid in August; labor market pressure starting to ease

Nonfarm payrolls increase 315,000 in August Unemployment rate rises to 3.7% from 3.5% in July Average hourly earnings gain 0.3%; up 5.2% year-on-year Average workweek dips to 34.5 hours from 34.6 hours WASHINGTON, Sept 2 (Reuters) – U.S. employers hired more workers than expected in August, but moderate wage growth and a rise in the …

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EXCLUSIVE U.S. regulators to vet Alibaba, other Chinese firms' audits -sources

EXCLUSIVE U.S. regulators to vet Alibaba, other Chinese firms’ audits -sources

Register now for FREE unlimited access to Reuters.com Register Alibaba notified of U.S. audit inspection -sources Vetting of U.S.-listed Chinese firms’ audits starts next month Follows landmark U.S.-China audit deal Alibaba shares fall nearly 3% HONG KONG, Aug 30 (Reuters) – U.S. regulators have selected e-commerce giant Alibaba Group Holding Ltd (9988.HK) and other U.S.-listed …

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Moderna sues Pfizer/BioNTech for patent infringement over COVID vaccine

Moderna sues Pfizer/BioNTech for patent infringement over COVID vaccine

Aug 26 (Reuters) – Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development of the first COVID-19 vaccine approved in the United States, alleging they copied technology that Moderna developed years before the pandemic. Pfizer shares fell nearly 1%, while BioNTech U.S.-listed shares were down about 1.5% and …

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