News & Views
U.S. retailers' ballooning inventories set stage for deep discounts
Economy
01 June 2022
NEW YORK, May 27 (Reuters) - Major U.S. retailers that recently scrambled to restock shelves amid product shortages disclosed this week that their stores are now packed with too much merchandise, and some are even doing what was unthinkable just a few months ago: discounting unsold goods.
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U.S. bill would bar Google, Apple from hosting apps that accept China's digital yuan
Technology
01 June 2022
WASHINGTON, May 26 (Reuters) - Republican senators want to bar U.S. app stores including Apple and Google from hosting apps that allow payments to be made with China's digital currency, amid fears the payment system could allow Beijing to spy on Americans.
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