SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

04:46 AM EDT, 06/27/2025 (MT Newswires) -- J.M. Smucker (SJM) said Thursday it will remove all US Federal Food, Drug, and Cosmetic Act-approved colors from its consumer food products by the end of 2027. The move will affect sugar-free fruit spreads, ice cream toppings, and some Hostess-branded baked goods, the company said. Most of its current school-focused products are already...

BRUSSELS (Reuters) -Meta Platforms will only make limited changes to its pay-or-consent model rolled out in November 2024 and EU antitrust regulators cannot verify for now if the changes are sufficient to comply with an EU antitrust order, the European Commission said on Friday. With this in mind, we will consider the next steps, including recalling that continuous non-compliance could...

04:46 AM EDT, 06/27/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the last paragraph.) Nike ( NKE ) reported fiscal Q4 net income late Thursday of $0.14 per diluted share, down from $0.99 a year earlier. Analysts polled by FactSet expected $0.12. Net sales for the quarter ended May 31 were $11.1 billion,...