Business

Wall Street ends lower, off record highs, as Treasury yields climb

Wall Street ends lower, off record highs, as Treasury yields climb

By Stephen Culp and Tharuniyaa Lakshmi NEW YORK, Oct 7 (Reuters) - Wall Street closed lower on Wednesday, as long-dated…

October 8, 2026

Samsung Q3 profit jumps nearly nine-fold as AI memory boom lifts chip earnings

SEOUL, Oct 8 (Reuters) - Samsung Electronics on Thursday projected a nearly nine-fold jump in third-quarter operating profit from a…

October 8, 2026

TikTok gave teens, children placebo safety feature in experiment, New York alleges

By Diana Novak Jones Oct 7 (Reuters) - TikTok ran an experiment on thousands of users who tried to turn…

October 8, 2026

TikTok gave teens, children placebo safety feature in experiment, New York alleges

By Diana Novak Jones Oct 7 (Reuters) - TikTok ran an experiment on thousands of users who tried to turn…

October 8, 2026

Lululemon puts Nike veteran in charge of product as CEO O'Neill looks to right ship

Oct 7 (Reuters) - Lululemon Athletica on Wednesday named industry veteran and former Nike vice president Maggie Gauger its chief…

October 8, 2026

Levi Strauss lifts annual profit outlook on tariff refunds, holiday demand

Oct 7 (Reuters) - Levi Strauss raised its annual profit forecast on Wednesday, after benefiting from tariff refunds, as it…

October 8, 2026

Levi Strauss lifts annual profit outlook on tariff refunds, holiday demand

Oct 7 (Reuters) - Levi Strauss raised its annual profit forecast on Wednesday, after benefiting from tariff refunds, as it…

October 8, 2026

Trump says Federal Reserve Board would like to see the country do badly

Oct 7 (Reuters) - US President Donald Trump, asked by a reporter on Wednesday about mortgage rates, said the Federal…

October 8, 2026

US FCC to vote to ban all Chinese labs from testing US electronics

By David Shepardson WASHINGTON, Oct 7 (Reuters) - The Federal Communications Commission said on Wednesday it will vote on October…

October 8, 2026

Microsoft brings more AI to PCs as it challenges Apple

By Stephen Nellis SAN FRANCISCO, Oct 7 (Reuters) - Microsoft unveiled on Wednesday an AI coding model that can run…

October 8, 2026