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How a minor change in US trade law turbocharged the fentanyl crisis

CORRECTED-SPECIAL REPORT-How a minor change in US trade law turbocharged the fentanyl crisis Corrects percentage increase in de minimis shipments in paragraph 43 to 90% from 95% U.S. trade law change in 2016 has aided fentanyl precursor smuggling Drug traffickers send deadly ingredients to U.S., then transship to Mexico Higher 'de minimis' limit helped cause flood of duty-free small parcels U.S.
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EBay wins dismissal of US lawsuit over sale of harmful products

UPDATE 3-EBay wins dismissal of US lawsuit over sale of harmful products Adds eBay, Justice Department responses to requests for comment, paragraphs 5-6 By Jonathan Stempel NEW YORK, Sept 30 (Reuters) - A federal judge dismissed a U.S. Department of Justice lawsuit accusing eBay EBAY.O of violating environmental laws by allowing the sale of hundreds of thousands of harmful products on its platform, including pesticides and devices to evade motor vehicle pollution controls.
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Ebay wins dismissal of US lawsuit over alleged sale of harmful products

Ebay wins dismissal of US lawsuit over alleged sale of harmful products NEW YORK, Sept 30 (Reuters) - A federal judge on Monday dismissed a U.S. government lawsuit accusing eBay EBAY.O of violating the Clean Air Act and other environmental laws by allowing the sale of several harmful products, including devices that defeat automobile pollution controls, on its platform.
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What to Watch in the Day Ahead and on Monday, September 30

What to Watch in the Day Ahead and on Monday, September 30 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Federal Reserve Chair Jerome Powell is set to speak on the economic outlook before the National Association for Business Economics 66th Annual Meeting, "Finding Harmony in the No
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Nike's next CEO Hill brings a bootstraps mentality

CORRECTED-RPT-NEWSMAKER-Nike's next CEO Hill brings a bootstraps mentality Corrects paragraph 5 to note that Donahoe was CEO of Bain & Company, not Bain Capital Elliott Hill to become Nike CEO, succeeding John Donahoe Hill's deep Nike roots contrast with Donahoe's external CEO background Analysts expect Hill to reinvigorate Nike amid innovation and culture challenges By Nicholas P.
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Nike's next CEO Hill brings a bootstraps mentality

CORRECTED-NEWSMAKER-Nike's next CEO Hill brings a bootstraps mentality Corrects paragraph 5 to note that Donahoe was CEO of Bain & Company, not Bain Capital Elliott Hill to become Nike CEO, succeeding John Donahoe Hill's deep Nike roots contrast with Donahoe's external CEO background Analysts expect Hill to reinvigorate Nike amid innovation and culture challenges By Nicholas P.
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Nike's tumultuous years under outgoing CEO Donahoe

TIMELINE-Nike's tumultuous years under outgoing CEO Donahoe Adds Donahoe's retirement Sept 19 (Reuters) - Sportswear giant Nike NKE.N on Thursday named former senior executive Elliott Hill to succeed John Donahoe as its president and CEO, effective Oct. 14. The company has lost about a quarter of its stock market value this year and is down more than 21% since Donahoe joined as the top executive in 2020. Shares of rivals Adidas ADSGn.DE , Hoka owner Deckers DECK.N and On Holding ONON.N have rise
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eBay Increased Board Size From 10 To 11 Members And Appointed William D. Nash

BRIEF-eBay Increased Board Size From 10 To 11 Members And Appointed William D. Nash Sept 19 (Reuters) - eBay Inc EBAY.O : EBAY: INCREASED BOARD SIZE FROM 10 TO 11 MEMBERS AND APPOINTED WILLIAM D. NASH Source text for Eikon: [ID:n0001552781-24-000532] Further company coverage: EBAY.O
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Ebay Announces New Member To Board Of Directors

BRIEF-Ebay Announces New Member To Board Of Directors Sept 19 (Reuters) - eBay Inc EBAY.O : EBAY INC. ANNOUNCES NEW MEMBER TO BOARD OF DIRECTORS Source text for Eikon: ID:nPn1sYVCBa Further company coverage: EBAY.O ( Reuters.Briefs@thomsonreuters.com )
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China's online retailers Shein, Temu in focus as US aims to plug trade "loophole"

UPDATE 2-China's online retailers Shein, Temu in focus as US aims to plug trade "loophole" U.S. to propose trade rules to reduce China package volume Seeks to end exemption for goods subject to punitive tariffs White House wants more information disclosure on small packages Adds US Official's comment in paragraph 9-10, Shein and Temu comments in paragraphs 11-12, analyst comment in paragraph 13 By David Lawder Sept 13 (Reuters) - The Biden administration said on Friday it was moving to curb low-
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BIDEN ADMINISTRATION TO TAKE STEPS TO VALUE PACKAGE SHIPMENTS TO U.S. THROUGH $800 "DE WHITE HOUSE

US to take steps to curb low-value Chinese shipments under $800 'de minimis' exemption U.S. to propose trade rules to reducing China package volume U.S. seeks to end exemption for goods subject to punitive tariffs White House wants more information disclosure on small packages By David Lawder Sept 13 (Reuters) - The Biden administration on Friday said it was moving to curb a growing tide of low-value shipments entering the U.S.
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EBay wants newsletter publishers its employees harassed to ID sources

EBay wants newsletter publishers its employees harassed to ID sources By Nate Raymond BOSTON, Sept 12 (Reuters) - EBay EBAY.O has asked a judge to force the publishers of an e-commerce newsletter to disclose the identity of their news sources so it can defend itself against a lawsuit they filed after several of the company's employees admitted to carrying out a bizarre campaign to harass and terrorize them.
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Key events at Nike under CEO John Donahoe

TIMELINE-Key events at Nike under CEO John Donahoe Sept 10 (Reuters) - Nike NKE.N will hold its annual meeting virtually on Tuesday and a key issue to be voted on will be a workers' rights agreement, putting the spotlight on its CEO John Donahoe who is under pressure to reverse a long sales slump at the sportswear giant. Nike has lost about a quarter of its stock-market value this year.
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Vinted’s price markup rests on limitless growth

CORRECTED-BREAKINGVIEWS-Vinted’s price markup rests on limitless growth Corrects second paragraph to clarify Vinted has over 100 million members across 22 markets not 16 million users across 16 markets as previously stated. The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Sept 9 (Reuters Breakingviews) - Second-hand clothes are in vogue.
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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Cisco Systems Aug 14 (Reuters) - U.S. and Canadi an companies have continued to cut jobs in 2024 after letting go thousands last year, a s they remain uncertain about t he econom i c conditions . Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Cisco Systems CSCO.O will lay off 7% of its global workforce , as part of a restructuring plan, the networking giant said, about six months after announcin
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Activist Starboard Value takes stake in Starbucks, WSJ reports

UPDATE 2-Activist Starboard Value takes stake in Starbucks, WSJ reports Adds details about engagement in paragraph 4, additional information in paragraphs 5 and 8 Aug 9 (Reuters) - Activist investor Starboard Value has a stake in Starbucks SBUX.O the Wall Street Journal reported on Friday, adding that it wants the coffee giant to take steps to improve its stock price.
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Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Paramount Global Aug 9 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime uni
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Philippine Nobel laureate Ressa's Rappler website wins appeal to overturn shutdown order

UPDATE 2-Philippine Nobel laureate Ressa's Rappler website wins appeal to overturn shutdown order Corporate regulator overstepped authority, says court Nobel laureate welcomes decision, calls it "vindication" Ressa still faces at least two remaining cases recasts, adds Ressa's comments in paragraphs 6-7 By Mikhail Flores and Neil Jerome Morales MANILA, Aug 9 (Reuters) - P hilippine Nobel laureate Maria Ressa's news website Rappler won an appeal to restore its corporate licence after a court over
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Akamai forecasts quarterly revenue above estimates on cybersecurity demand

Akamai forecasts quarterly revenue above estimates on cybersecurity demand Aug 8 (Reuters) - Akamai Technologies AKAM.O forecast third-quarter revenue and profit above estimates on Thursday, betting on strong demand for its cybersecurity services as businesses spend heavily on safeguarding their systems against rising threats from hackers. Shares of the Cambridge, Massachusetts-based company rose 4% in extended trading.
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U.S. Booking Holdings, Doordash, Vertex Pharmaceuticals

U.S. RESEARCH ROUNDUP- Booking Holdings, Doordash, Vertex Pharmaceuticals Aug 5 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Booking Holdings, Doordash and Vertex Pharmaceuticals, on Monday. HIGHLIGHTS * Academy Sports and Outdoors Inc ASO.O : JP Morgan cuts to neutral from overweight * Booking Holdings Inc BKNG.O : Jefferies cuts target price to $4350 from $4650 * Doordash DASH.O : D.A.
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