S&P 500 limps to slightly lower close as quarter-end looms

US economy contracted in Q1; consumer spending revised lower General Mills rises as sales beat on higher prices Bed Bath & Beyond replaces CEO, shares tumble Dow up 0.27%, S&P down 0.07%, Nasdaq off 0.03% NEW YORK, June 29 (Reuters) – The S&P 500 ended a seesaw session slightly down on Wednesday as investors staggered … Read more

Factbox: Companies offering abortion travel benefits to US workers

June 25 (Reuters) – A growing number of companies, including JPMorgan Chase & Co (JPM.N), Amazon.com Inc (AMZN.O), Tesla Inc (TSLA.O), and Walt Disney Co (DIS.N) are rolling out policies to offer benefits to US employees who may need to access abortion services. The U.S. Supreme Court on Friday took the dramatic step of overturning … Read more

US tech industry frets about handing data to states prosecuting abortion

PALO ALTO, Calif., June 24 (Reuters) – The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement, in the wake of the US Supreme Court’s decision on Friday to overturn the Roe v .Wade precedent that for decades guaranteed a woman’s constitutional right to an abortion. … Read more

Apple ready to bargain with its first US store to unionize: source

June 24 (Reuters) – Apple Inc (AAPL.O) accepts the outcome of a vote by Maryland store workers to become its first US employees to join a union and is ready to bargain with them, a person familiar with the matter told Reuters on Friday. Apple is one of several major American companies whose workforces have … Read more

Amazon has a plan to make Alexa mimic anyone’s voice

Amazon’s DOT Alexa device is shown inside a house in this picture illustration taken October 1, 2021. REUTERS / Mike Blake / Illustration Register now for FREE unlimited access to Reuters.com Register LAS VEGAS, June 22 (Reuters) – Amazon.com Inc (AMZN.O) wants to give customers the chance to make Alexa, the company’s voice assistant, sound … Read more

How free-wheeling Texas became the self-driving trucking industry’s promised land

FORT WORTH, Texas, June 17 (Reuters) – For companies working to make self-driving trucks a near-term reality, all roads lead to Texas. Vast highways, a booming freight market and, crucially, the least restrictive laws governing autonomous vehicles (AVs) in the United States have turned Texas into the industry’s most desired location. Several companies, including Aurora … Read more

Dozens of companies, small business groups back US bill to rein in Big Tech

WASHINGTON, June 13 (Reuters) – Dozens of companies and business organizations are sending a letter to US senators on Monday to urge them to support a bill aimed at reining in the biggest tech companies, such as Amazon.com (AMZN.O) and Alphabet’s (GOOGL.O) Google. Democratic US Senator Amy Klobuchar and lawmakers from both parties said last … Read more

Tesla to seek investor approval for 3-for-1 stock split

The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS / Tyrone Siu Register now for FREE unlimited access to Reuters.com Register June 10 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. … Read more

EXCLUSIVE Former Amazon India seller says antitrust raid illegally detained employees

Amazon sellers raided in April over suspected favoritism Cloudtail says antitrust body conducted raid illegal Antitrust body says raid was in line with regulatory process India regulators, foreign enterprises tussle over e-commerce NEW DELHI, June 10 (Reuters) – A former top seller for Amazon (AMZN.O) in India, Cloudtail, has accused India’s antitrust agency of illegally … Read more

GameStop quarterly revenue beats estimates on higher demand for video games

People walk by a GameStop in Manhattan, New York, US, December 7, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 1 (Reuters) – GameStop Corp (GME.N) reported first-quarter revenue that exceeded market expectations on Wednesday, as the video game retailer pivots toward a more online-focused model amid increasing … Read more