(Reuters) - Retail giants Amazon ( AMZN ) and Walmart ( WMT )-owned Flipkart violated Indian quality control rules by stocking products that did not have the required standards certificate, India's top government-run product certification agency said on Thursday. Raids on warehouses operated by both firms, conducted on Wednesday by the Burueau of Indian Standards in the Tiruvallur district of...

Phoenix Motor Inc. ( PEV ) shares are trading higher premarket on Thursday. On Wednesday, the company launched a new initiative to develop autonomous robots for package pickup and last-mile delivery. This expansion builds on its recently introduced autonomous food and beverage delivery vehicle program. Phoenix Motor ( PEV ) is incorporating its cutting-edge autonomous technology into compact, self-navigating delivery...

Darden Restaurants Inc ( DRI ) shares are trading higher in premarket on Thursday. The company reported third-quarter revenue growth of 6.2% year-on-year to $3.158 billion, missing the analyst consensus estimate of $3.215 billion. The sales growth was driven by a blended same-restaurant sales increase of 0.7% and sales from the acquisition of 103 Chuy’s restaurants and 40 net new...

09:00 AM EDT, 03/20/2025 (MT Newswires) -- IceCure Medical ( ICCM ) said Thursday it expects a US Food and Drug Administration decision regarding its De Novo marketing authorization request for ProSense as a potential treatment for early-stage low-risk breast cancer with endocrine therapy after Q1. The company said it remains in continued discussions with the FDA regarding the request....