(Reuters) -U.S. pharmacy chain Rite Aid (NYSE:US90274J5618=UBSS) is weighing a possible repeat bankruptcy after its recent financial restructuring failed to put the drugstore chain on a sustainable path, the Wall Street Journal reported on Friday.The company has also been pursuing a sale of some or all of its businesses as a potential alternative to a Chapter 11 filing, the WSJ report said, citing ...
By Phil Stewart and Idrees AliWASHINGTON (Reuters) - While National Security Agency chief General Timothy Haugh apparently was not told why he was abruptly fired this week, a far-right activist who urged President Donald Trump to dismiss him offered one explanation: his alleged ties to retired Army general and Trump critic Mark Milley.In an X post on Friday, conspiracy theorist Laura Loomer denoun ...
TOKYO (Reuters) - Nintendo said it is delaying the start of pre-orders for the Switch (NYSE:SWCH) 2 gaming device in the United States as it examines the potential impact of tariffs. Pre-orders will not start on April 9 in the U.S. "in order to assess the potential impact of tariffs and evolving market conditions," Nintendo said in a statement. The Switch 2 launch date of June 5 is unchanged, th ...
By Jeffrey DastinREDMOND, Washington (Reuters) - As Microsoft (NASDAQ:MSFT) CEOs past and present gathered here to celebrate the company’s 50th birthday, one leader said he is targeting a particular metric’s improvement to guide his strategy on artificial intelligence.Mustafa Suleyman, chief executive of Microsoft AI, said his consumer and research division is tracking the usual measures of ad ...