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Reuters-TikTok, ByteDance sue to block US law seeking sale or ban of app

By David Shepardson WASHINGTON (Reuters) -TikTok and its Chinese parent company ByteDance sued in U.S. federal court on Tuesday seeking to block a law signed by President Joe Biden that would force

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Reuters-US revokes some export licenses for firms supplying China's Huawei

By Alexandra Alper and David Shepardson WASHINGTON (Reuters) -The U.S. on Tuesday said it revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese

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Reuters-Reddit's strong forecasts spark share surge after first results since IPO

By Aditya Soni (Reuters) -Reddit said it could post an adjusted profit in the second quarter thanks to its booming advertising business and content-licensing deals with AI companies, impressing

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Reuters-Disney reports shrinking TV business, shares tumble

By Lisa Richwine and Sheila Dang LOS ANGELES (Reuters) -Walt Disney's surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box

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Reuters-S&P, Dow end slightly up, extend closing streaks despite Disney drag

By David French (Reuters) -The S&P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that

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Reuters-Explainer-The latest investigation into the Boeing 787

(Reuters) - The Federal Aviation Administration said on Monday it has opened an investigation into the Boeing 787 Dreamliner to see whether some employees committed "misconduct" by claiming certain

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Reuters-Morning Bid: Bullish momentum fades, yen intervention risks rise

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets reach the mid-point of the week still sailing in fairly calm waters, although signs that the recent decline in U.S

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Reuters-Lyft forecasts strong quarterly earnings as ride-hailing demand picks up

By Yuvraj Malik (Reuters) -Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and

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Reuters-Rivian sticks to production forecast below Wall Street targets

By Akash Sriram and Abhirup Roy (Reuters) -Electric-pickup maker Rivian on Tuesday stuck to a 2024 production forecast well below Wall Street targets and reported a wider-than-expected first-quarter

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