BUSINESS

The recalled products were shipped to three states.

Credit Suisse pushed forward its result release to come out the day before those of UBS, as Switzerland's largest bank prepares to swallow its long-time main domestic rival.

Computer-memory company Netlist Inc convinced a federal jury in Texas on Friday to award it more than $303 million for Samsung Electronics Co's infringement of several patents related to improvements in data processing.

Vanguard, the world's second-largest asset manager, increased exposure to large bank's bonds during the banking rout in March, taking advantage of cheap valuations, according to a report seen by Reuters.

Canada pledges Can$13.2 bn subsidies for VW battery plant

The banking sector turmoil showed that financial regulators' "work is not done" and supervisory and regulatory changes are needed "to help prevent financial disruptions from starting and spreading in the first place."

The appointment comes weeks after the billionaire made a rare public appearance in China following his fall from grace during a government crackdown on the tech industry over two years ago.

Procter & Gamble Co's customers continued to show little resistance to repeated price hikes, helping the Tide detergent maker boost its annual sales forecast and third-quarter margins.

Axton Global shares the benefits importers can get from Sinosure, which provides exporters with insurance against a buyer's non-payment.

Investors cut their cash holdings for the first time in eight weeks in the week to Wednesday, while shedding equities and gold, according to a report from BofA Global Research on Friday.

The recall affects three well-known brands from Stanley Black & Decker.

Tesla shares saw a decline of 9.75% to reach $162.99 after it released its first-quarter results Thursday.

The Swedish furniture giant said that by investing, they see endless opportunities to grow in the US.

A former vice president of Venezuela's state oil firm PDVSA was arrested as part of a widening anti-corruption probe looking into wrongdoing at the state company, a government official said on Wednesday.

The spice was distributed to stores in 16 states including Florida and Texas

The U.S. Securities and Exchange Commission (SEC) published a staff bulletin on Thursday giving guidance on how broker dealers and investment advisers must put their clients' interests ahead of their own when providing advice and recommendations to retail investors.

U.S. Treasury Secretary Janet Yellen said she is insisting that next steps in the World Bank's evolution be taken in coming months, including potential changes to allow the bank's private sector and poor country lending arms to lend to sub-sovereign entities like cities and regional authorities.

Tesla Inc's shares sank nearly 10% on Thursday and dragged down other automakers after Chief Executive Elon Musk signaled the electric-vehicle maker will keep cutting prices to drum up demand even after taking a big hit to margins.

BuzzFeed shares plunged more than 20% on Wall Street following the news.

The Starship capsule had been scheduled to separate from the first-stage rocket booster three minutes into the uncrewed flight, but separation failed to occur and the rocket blew up.

From cannabis-infused flowers to edible weed gummies, marijuana companies are pulling out all the stops as they eye bumper sales on April 20 - a day referred to as "4/20" in weed culture.

The recall was issued after routine sampling by New York authorities.

IBM Corp beat Wall Street expectations for first-quarter profit on Wednesday and signaled demand for IT services was better than feared, sending shares up 3.5% after the bell.

U.S. veterans and members of the military on Wednesday urged a judge to dismiss 3M's bid to use the bankruptcy of its subsidiary Aearo Technologies to shield itself from nearly 260,000 lawsuits over military-issue earplugs that former users allege were defective and damaged their hearing ability.

A U.S. House of Representatives committee voted in favor of restoring tariffs on solar panels from four Southeast Asian nations on Wednesday and reversing President Joe Biden's earlier suspension, setting the resolution up for a vote by the full House.

HSBC urges shareholders to vote against proposed split

Wall Street's main indexes fell on Wednesday as Treasury yields rose on growing expectations that the Federal Reserve could keep interest rates higher for longer, while mixed earnings from regional banks and weakness in Tesla further dented sentiment.

The exact number of employee terminations is still undisclosed, but it correlates with the 9,000 workforce reduction that CEO Jassy declared in March.

The recall was issued after a customer complaint about the problem.