Business

(Reuters) — Snap missed Wall Street estimates for quarterly revenue on Tuesday, as the Snapchat owner continued to struggle to compete against larger rivals for digital advertising revenue, sending its shares down 30%. Though its features are often copied by competitors, investors have long questio…

(Reuters) — Apple persuaded a federal judge to dismiss a lawsuit by a Silicon Valley startup accusing it of illegally monopolizing the U.S. market for heart rate monitoring apps for its Apple Watch. U.S. District Judge Jeffrey White in Oakland, California, ruled on Tuesday against AliveCor, which h…

WASHINGTON (Reuters) — A U.S. federal judge on Monday set a Sept. 9, 2024, date for the start of a jury trial in a lawsuit the U.S. Justice Department and a coalition of states filed last year against Google that accused the company of abusing its dominance of digital advertising technology. The la…

(Reuters) — McDonald’s reported its first quarterly sales miss in nearly four years on Monday on weak sales growth at its international business division, partly due to the conflict in the Middle East, sending the company’s shares down about 4%. The burger giant is among several Western…

NEW DELHI (Reuters) — India’s central bank has found hundreds of thousands of accounts at Paytm Payments Bank created without proper identification and has passed the information on to the country’s financial crime fighting agency, three sources familiar with the matter said. The Reserv…

NEW YORK (Reuters) — A judge has rejected Abbott Laboratories’ effort to dismiss a New York City grandmother’s lawsuit claiming it misled consumers into believing its PediaSure Grow & Gain nutrition drinks were “clinically proven” to help children grow taller. U.S. Distr…

CHARLOTTE, N.C (TNS) — Tesla was ordered Thursday to pay $1.5 million in fines after undercover investigators found it was illegally dumping hazardous waste into trash containers at its Fremont, California, electric car factory and auto service centers around the state. District Attorneys for eight…