Category Archives:
Big Tech braces for dismal profits, more job cuts
By Nivedita Balu and Yuvraj Malik (Reuters) - Keen to buttress margins and appease investor concerns at a time of slowing sales growth, big U.S. technology firms are expected to whittle away at their ...
Jan 18, 2023
U.S. firms pessimistic about economic growth this year, Fed survey shows
(Reuters) - There were some encouraging signs U.S. inflation pressures and labor shortages were easing, a Federal Reserve report showed on Wednesday, but economic activity was tepid as the central ban...
Jan 18, 2023
Robinhood must face lawsuit concerning order flows
(Reuters) - A U.S. judge on Wednesday allowed customers of Robinhood Markets Inc to sue the online trading platform over its alleged fraudulent concealment of the costs of sending their trade orders t...
Jan 18, 2023
EU lawmakers want Iran’s Guards branded terrorist group
BRUSSELS (Reuters) - The European Parliament called on Wednesday for the EU to list Iran's Revolutionary Guards as a terrorist organisation, blaming the powerful force for the repression of protesters...
Jan 18, 2023
Turkish foreign minister says he expects U.S. to approve F-16 sale
WASHINGTON (Reuters) - Turkish Foreign Minister Mevlut Cavusoglu said ahead of a meeting with U.S. Secretary of State Antony Blinken in Washington on Wednesday that he expects the United States to app...
Jan 18, 2023
Canada December producer prices down 1.1% on petroleum, softwood
Jan 18 (Reuters) - Producer prices in Canada fell by 1.1% in December from November on lower prices for refined petroleum energy products, as well as softwood lumber, Statistics Canada said on Wednesd...
Jan 18, 2023
Citigroup hikes pay for junior bankers despite tough year – Bloomberg News
(Reuters) - Citigroup Inc is boosting compensation for most of its junior bankers by as much as 15%, Bloomberg News reported on Wednesday, highlighting the talent war on Wall Street even amid downsizi...
Jan 18, 2023
In 2022 inflation data trumped Fed comments for moving markets, report says
By Michael S. Derby NEW YORK (Reuters) - Last year, the inflation data that forced the Federal Reserve to embark on a historically aggressive path of rate rises was a bigger mover of markets than any ...
Jan 18, 2023
Davos 2023: What you need to know about the WEF on Wednesday
By Kathryn Lurie DAVOS, Switzerland (Reuters) - Climate change came to the fore at the World Economic Forum's annual meeting, where U.N. Secretary-General Antonio Guterres called on business leaders t...
Jan 18, 2023
U.S. Supreme Court declines to block New York gun restrictions
By Andrew Chung (Reuters) -The U.S. Supreme Court on Wednesday turned away a challenge by a group of firearms dealers in New York to numerous Democratic-backed measures adopted by the state last year ...
Jan 18, 2023
Peoria, IL, USA
67 °F Sunny
