True Today

Stuff that matters

British Airways considers selling its headquarters after homeworking switch

British Airways said it was considering selling its headquarters building because of a switch to homeworking during the pandemic means it may no longer need so much office space. The

Read More

Nike set to overcome short-term shipping woes, most analysts say

The supply chain hiccups that dented Nike Inc’s third quarter sales are mostly behind them, analysts said on Friday, after executives said the sporting goods giant had adjusted inventories and

Read More

Embraer hopes to announce new product partnership soon, says CEO

Brazil planemaker Embraer is actively working on new product development partnerships and hopes to announce something soon, CEO Francisco Gomes Neto said on Friday in a call with reporters. While

Read More

What rising bond yields mean for markets

Yields on U.S. Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero

Read More

UK antitrust regulator prepares to investigate Facebook

Britain’s competition regulator is set to begin an antitrust investigation into Facebook Inc in the next few months, after similar actions into Google and Apple early this year, Financial Times

Read More

Combating semiconductor shortage a priority, U.S. Commerce chief says

U.S. Secretary of Commerce Gina Raimondo said on Friday that addressing a shortage of semiconductors is top of mind, following a meeting with semiconductor industry executives. “As Secretary of Commerce,

Read More

U.S. Treasury yields ease from peaks, oil prices rebound

Benchmark U.S. Treasury yields edged back from the highest in more than a year on Friday, as investors digested the Federal Reserve’s move not to extend a temporary pandemic regulatory

Read More