Peloton Interactive Inc said on Wednesday the U.S. consumer safety regulator's staff intends to recommend the agency that civil monetary penalties should be imposed on the fitness equipment maker over its recall of treadmills last year.
U.S. stock index futures edged higher on Wednesday after two sessions of losses as investors assessed the outlook for interest rates amid signs of resilience in the U.S. economy.
A year after El Salvador adopted bitcoin as legal tender, the area where the world's first cryptocurrency city was meant to be built - a circular metropolis powered by a volcano - is still dense jungle.
The Chinese city of Zhengzhou vowed to start building all stalled housing projects within 30 days, by making good use of special loans, asking developers to return misappropriated funds, and encouraging some real estate firms to file for bankruptcy, said three sources with knowledge of the matter.
T-Mobile US Inc said on Wednesday it had agreed to sell its wireline business to Cogent Communications Holdings Inc in a deal that would also see T-Mobile provide some services to Cogent for a fee.
Target Corp said on Wednesday Brian Cornell would stay on as chief executive for another three years, with the retailer scrapping its policy of CEOs having to retire at the age of 65.
The dollar will remain a force to reckon with over the remainder of this year and into the next as U.S. interest rates rise and the economy outperforms its peers, reinforced by its safe-haven appeal when investors choose to worry, according to a Reuters poll.
Labor groups and investors have filed a shareholder proposal asking Apple Inc to review how it treats workers' rights, looking to build on recent momentum to unionize workers at the iPhone maker's retail stores.
United Airlines Holdings Inc said on Wednesday it expects a small improvement in current-quarter costs and capacity as the carrier wades through staffing gaps and aircraft shortages to tap booming demand.
Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.
