Category Archives:
Fed’s Powell does not rule out rate rise at coming meetings
By Michael S. Derby (Reuters) - Federal Reserve Chairman Jerome Powell, reiterating that most central bankers still see two rate rises happening this year, did not rule out more rate hike action at th...
Jun 28, 2023
Xponential denies short-seller’s allegations, says franchisee economics ‘strong’
(Reuters) - Xponential Fitness on Wednesday denied allegations made by Fuzzy Panda Research that the fitness chain was hiding losses at its brands and stores, saying the short-seller's report was "mis...
Jun 28, 2023
Indian govt meets Foxconn, Samsung, Reliance to improve PLI scheme
By Shivangi Acharya NEW DELHI (Reuters) - The Indian government met large global firms such as Foxconn, Samsung Electronics and Reliance Industries to find ways to boost manufacturing in the country w...
Jun 28, 2023
Spartan Capital broker faces probe tied to deals advised by Morgan Stanley – WSJ
(Reuters) - Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers and acquisitions illegally obtained from Morga...
Jun 28, 2023
Asset management firm Oaktree names co-CEOs to replace Wintrob
(Reuters) - Asset manager Oaktree Capital Management L.P. on Wednesday named insiders Robert O'Leary and Armen Panossian as co-CEOs to replace Jay Wintrob, who is resigning in the first quarter of 202...
Jun 28, 2023
Volkswagen shares recover after EV production cut reports
(Reuters) - Shares in Volkswagen inched higher on Wednesday, recovering slightly from a selloff the day before when the automaker played down reports it will cut EV output in Germany over the next two...
Jun 28, 2023
Lithuania says passport found in Prigozhin’s office was used by his double to visit
By Andrius Sytas VILNIUS (Reuters) - A passport which was found during a search of Russian offices of mercenary leader Yevgeny Prigozhin was used by his double to enter Lithuania in 2020 in an attempt...
Jun 28, 2023
Databricks rolls out AI assistant to help analyze business data
By Stephen Nellis (Reuters) - Databricks on Wednesday introduced an artificial intelligence assistant intended to help business users ask complicated questions about their corporate data in everyday l...
Jun 28, 2023
Exclusive-Top manager at U.S. firm privately sold high-tech in Russia
By David Gauthier-Villars and Aram Roston (Reuters) - U.S. technology company Extreme Networks Inc said last year it had suspended all business activities in Russia to show solidarity with the people ...
Jun 28, 2023
French minister to push 1 billion euro uranium deal on trip to Mongolia – sources
By John Irish PARIS (Reuters) - France's Foreign Minister Catherine Colonna heads to Mongolia on Wednesday aiming to push a potentially 1 billion euro uranium deal for nuclear group Orano that Paris h...
Jun 28, 2023
Sat May 16
Peoria, IL, USA
60°FLight Rain
