Factbox-Six things to know about the Pentagon’s defunct JEDI contract
(Reuters) - The U.S.
UK government seeks to mitigate workforce disruption from Omicron
LONDON (Reuters) - The British government has asked public sector managers to test their contingency plans against a worst-case scenario of 25% staff absence as part of efforts to minimise disruption
GM’s electric commercial vehicle unit signs deals with Walmart, FedEx
By Ben Klayman DETROIT (Reuters) - General Motors Co's electric commercial vehicle business, BrightDrop, said on Wednesday it has signed a new deal to supply EVs to retail giant Walmart Inc and
Fed minutes may provide clues on bond-taper timeline, inflation outlook
By Howard Schneider WASHINGTON (Reuters) - At its June policy meeting the Federal Reserve edged towards a debate over when and how to reduce its support for a U.S. economy healing from the coronavirus
FAA issues safety directives for Boeing 777-200 engines
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) on Wednesday issued three proposed directives for Boeing 777-200 planes equipped with Pratt & Whitney (PW) engines
Peloton says online services back up after outage
(Reuters) -Peloton Interactive Inc said https://status.onepeloton.com on Tuesday an issue that had prevented thousands of users from accessing its bike and treadmill classes had been resolved.
UK antitrust regulator looks into Microsoft’s $16 billion Nuance deal
(Reuters) -Britain's antitrust regulator said on Monday it will look into Microsoft Corp's $16 billion purchase of artificial intelligence and speech technology firm Nuance Communications Inc.
Surging Treasury yields batter ARK fund amid broad tech selloff
By Lewis Krauskopf NEW YORK (Reuters) - A broad selloff in technology and growth names battered the flagship fund of star stock picker Cathie Wood’s ARK Invest, as investors shifted away from tech
Samsung considering another Texas location for $17 billion chip factory – document
SEOUL (Reuters) - Samsung Electronics has applied for tax breaks to potentially build its planned $17 billion U.S. chip factory in a location in Texas other than Austin, where it has an existing chip
Hershey raises full-year sales forecast
(Reuters) - Hershey Co raised its full-year sales forecast on Thursday, as the company's away-from-home business rebounded with the reopening of the U.S. economy.