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Starbucks executives and directors are being sued over diversity policies

Starbucks executives and directors are being sued over diversity policies

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FILE PHOTO: A Starbucks coffee is seen in downtown Los Angeles, California, US, June 29, 2022. REUTERS/Lucy Nicholson Register now to get free unlimited access to Reuters.com Register August 31 (Reuters) – Starbucks Corp. (SBUX.O) executives and managers have been sued by a conservative think-tank that believes the coffee chain’s efforts to promote diversity amount …

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US officials order Nvidia to halt sales of its best AI chips to China

US officials order Nvidia to halt sales of its best AI chips to China

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The logo of tech company Nvidia at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith Register now to get free unlimited access to Reuters.com Register August 31 (Reuters) – Chip designer Nvidia Corp (NVDA.O) said on Wednesday that US officials have told it to stop exporting two of the best computing chips …

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Arm sues Qualcomm, aiming to divest Qualcomm's $1.4 billion purchase of Nuvia

Arm sues Qualcomm, aiming to divest Qualcomm’s $1.4 billion purchase of Nuvia

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Qualcomm logo during the Munich Motor Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS / Wolfgang Rattay Register now to get free unlimited access to Reuters.com Register SAN FRANCISCO (Reuters) – Chip technology company Arm Ltd., owned by Softbank Group Corp (9984.T), said on Wednesday it has sued Qualcomm Inc (QCOM.O) and …

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FDA lights green COVID boosters targeting Omicron ahead of revaccination campaign

FDA lights green COVID boosters targeting Omicron ahead of revaccination campaign

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Register now to get free unlimited access to Reuters.com Register Aug 31 (Reuters) – The U.S. Food and Drug Administration on Wednesday authorized updated COVID-19 booster doses from Pfizer (PFE.N) / BioNTech (22UAy.DE) and Moderna targeting the predominant BA.4 and BA.5 Omicron sub variants The government is preparing for a massive vaccination campaign in the …

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Bed Bath & Beyond to cut jobs and close stores in an effort to reverse losses

Bed Bath & Beyond to cut jobs and close stores in an effort to reverse losses

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Register now to get free unlimited access to Reuters.com Register Aug 31 (Reuters) – Bed Bath & Beyond, Inc. (BBBY.O) said on Wednesday it had signed deals worth more than $500 million in new financing and would close 150 stores, cut jobs and overhaul its business strategy to try to turn it around. About her …

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Exclusive: US regulators scrutinize Alibaba, other Chinese companies' audit sources

Exclusive: US regulators scrutinize Alibaba, other Chinese companies’ audit sources

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Register now to get free unlimited access to Reuters.com Register Alibaba notification of US audit – sources US-listed Chinese companies will begin checking accounts next month Follows the historic US-China audit deal Alibaba shares are down about 3%. HONG KONG (Reuters) – U.S. regulators have chosen e-commerce giant Alibaba Holdings Group (9988.HK) and other U.S.-listed …

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Musk looks to delay Twitter trial after whistleblower allegations

Musk looks to delay Twitter trial after whistleblower allegations

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Register now to get free unlimited access to Reuters.com Register Aug 30 (Reuters) – Elon Musk is seeking to postpone a trial until November over his intention to back out of a $44 billion deal to buy Twitter Inc (TWTR.N) and amend his complaint against the social media company, according to court filings. , after …

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First Solar pledges to expand large US plant thanks to climate law

First Solar pledges to expand large US plant thanks to climate law

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A worker builds a solar panel box at First Solar in Perrysburg, Ohio, July 8, 2022. REUTERS/Megan Jelinger Register now to get free unlimited access to Reuters.com Register (Reuters) – First Solar Inc. (FSLR.O) said Tuesday it will spend $1.2 billion to expand solar panel manufacturing operations in the United States, which will create hundreds …

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Honda Motor and LG Energy to build $4.4 billion US electric battery factory

Honda Motor and LG Energy to build $4.4 billion US electric battery factory

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TOKYO/WASHINGTON, Aug. 29 (Reuters) – Japan’s Honda Motor Co. (7267.T) will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery provider LG Energy Solution Ltd (373220.KS), the two companies said. Monday. Battery makers are looking to ramp up production in the United States as the shift …

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