Business

(Reuters) — A U.S. federal court issued a decree to restrict the production and sale of Philips’ new sleep apnea machines at several facilities in the country, the Food and Drug Administration said on Tuesday. The U.S. District Court for the Western District of Pennsylvania has entered into w…

SINGAPORE (Reuters) — The dollar was tentative on Tuesday as it failed to get a meaningful boost from a rise in U.S. Treasury yields, though that kept pressure on the yen which languished near multi-decade lows and left traders on alert for any signs of intervention. The greenback added 0.03% to 15…

(Reuters) — Global shipments of personal computers returned to growth in the first quarter after two years of decline, according to preliminary results from market research firm International Data Corporation (IDC) released on Monday. The PC market grew 1.5% from a year earlier, with 59.8 million s…

SYDNEY (Reuters) — Australia’s major supermarkets should face hefty fines if they do not comply with an industry code of conduct when dealing with suppliers, a government-commissioned report said while rejecting calls to give regulators the power to break up the big chains. Supermarkets with …

(Reuters) — German exports fell more than expected in February, as exports to European Union countries dropped, data from the Federal Statistics Office showed on Monday. Exports declined by 2% month-on-month in February and were lower than the forecast for a 0.5% decrease in a Reuters poll. Imports…

CHARLOTTE, N.C (TNS) — Disney has confirmed what one executive said would “probably be the largest expansion ever” of the Magic Kingdom at Disney World, a project that’s been dubbed “beyond Big Thunder.” At a Walt Disney Imagineering media event this week, Michael Hundgen, a Walt Disney World site …

CHARLOTTE, N.C (TNS) — U.S. payrolls rose in March by the most in nearly a year and the unemployment rate dropped, pointing to a strong labor market that’s powering the economy. Nonfarm payrolls advanced 303,000 last month following a combined 22,000 upward revision to job gains in the prior two mo…