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US FTC wins key rulings against Amazon ahead of trial on Prime signups
Reuters· 2025-09-18 02:30
A judge ruled for the U.S. Federal Trade Commission and against Amazon on several key issues ahead of a trial next week on the agency's claims that the retail giant's Prime subscription practices violated consumer protection law. ...
Northrop, NASA resolve engine issue on cargo craft, sets ISS docking for Thursday
Reuters· 2025-09-18 02:15
Core Viewpoint - NASA has resumed plans to dock a Northrop Grumman-built cargo craft with the International Space Station after resolving an early engine-shutdown issue attributed to a conservative approach in the engine's operation [1] Group 1 - The cargo craft is built by Northrop Grumman, indicating the company's ongoing involvement in space logistics and support for the International Space Station [1] - The engine-shutdown issue was resolved, showcasing the company's ability to address technical challenges in a timely manner [1] - The incident highlights the importance of safety and reliability in space missions, which is critical for maintaining operational schedules [1]
Spirit to slash flight capacity by 25% and cut jobs, memo says
Reuters· 2025-09-18 02:11
Spirit Airlines is set to cut jobs as the airline plans to reduce capacity by 25% year-on-year in November, according to a memo seen by Reuters on Wednesday, deepening woes for the low-budget carrier. ...
DBS, Franklin Templeton, Ripple team up on tokenised money market fund trading
Reuters· 2025-09-18 01:03
Group 1 - DBS Group has formed a partnership with U.S. asset manager Franklin Templeton and blockchain firm Ripple [1] - The collaboration aims to provide accredited and institutional investors with trading and lending services [1] - Services will utilize tokenized money market instruments [1]
Oil prices little changed after Fed rate cut
Reuters· 2025-09-18 00:52
Oil prices were little changed on Thursday after the U.S. central bank lowered its key interest rate as widely expected, while an indication of more rate cuts before year-end raised the prospect of a demand boost spurred by falling borrowing costs. ...
Meta's new $800 smart glasses with display likely to take center stage at Connect event
Reuters· 2025-09-17 23:34
Meta is expected to launch on Wednesday its first consumer-ready smart glasses with a built-in display, seeking to extend the momentum of its Ray-Ban line, an early consumer hit of the artificial inte... ...
SiTime releases new chip aimed at wearable gadgets
Reuters· 2025-09-17 23:27
SiTime on Wednesday released a new chip aimed at helping it enter a $4 billion market and land customers in wearable electronic devices. ...
Cybersecurity firm Netskope raised $908 million in IPO, source says
Reuters· 2025-09-17 23:03
Cybersecurity firm Netskope raised $908 million in its U.S. initial public offering, pricing its stock at the top of the marketed range at $19 a share, according to a source familiar with the matter. ...
ABC to indefinitely halt broadcasts of 'Jimmy Kimmel Live!' after remarks about Kirk
Reuters· 2025-09-17 22:45
Walt Disney-owned ABC said on Wednesday it will indefinitely stop airing "Jimmy Kimmel Live" after remarks the late-night host made about Charlie Kirk's assassination came under harsh criticism from t... ...
Moody's flags risk in Oracle's $300 billion of recently signed AI contracts
Reuters· 2025-09-17 22:36
U.S. credit rating agency Moody's Ratings flagged several potential risks in Oracle Corp's $300 billion of recently signed artificial intelligence contracts, but stopped short of taking ratings action... ...