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UAW, Ford reach tentative labor agreement for 4-1/2 year deal
(Reuters) - Ford Motor and the negotiators of the United Auto Workers (UAW) union have reached a tentative labor deal, the union said Wednesday, for a 4-1/2-year contract that would provide a record p...
Oct 25, 2023
Comments on Morgan Stanley naming Ted Pick as CEO
(Reuters) - Below are some quotes from banking observers and a rival about investment bank Morgan Stanley's naming of insider Ted Pick on Wednesday as its chief executive officer effective Jan. 1, rep...
Oct 25, 2023
Japan Finance Minister says he is watching yen moves with ‘sense of urgency’
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese finance minister Shunichi Suzuki maintained a warning to investors against selling the yen on Thursday, saying authorities were closely watching moves af...
Oct 25, 2023
China smartphone shipments fall 5% y/y in Q3 to 66.7 million handsets -Canalys
BEIJING (Reuters) - Smartphone shipments in China fell 5% year-on-year in the third quarter to 66.7 million handsets, research firm Canalys reported on Thursday. The Honor smartphone brand took first ...
Oct 25, 2023
Factbox-Five facts about Morgan Stanley’s new CEO Ted Pick
NEW YORK (Reuters) - Morgan Stanley chose Ted Pick to succeed its longtime leader James Gorman as CEO, effective Jan. 1. Here are five key facts about Pick, who was seen as the front runner before the...
Oct 25, 2023
Brazil’s lower house approves bill taxing offshore, closed-end funds
BRASILIA (Reuters) - Brazil's lower house approved on Wednesday the main text of a government bill that seeks to increase public revenue by eliminating tax advantages currently benefiting wealthier Br...
Oct 25, 2023
US antisemitic, Islamophobic incidents surge with war, advocates say
By Kanishka Singh WASHINGTON (Reuters) - Antisemitic and Islamophobic incidents including violent assaults and online harassment have spiked in the U.S. since the Israel-Hamas conflict erupted on Oct....
Oct 25, 2023
SK Hynix says AI boom will drive profits after Q3 loss narrows
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix said a boom in artificial intelligence will drive chip profits after posting a sharply narrower third quarter loss than it did in...
Oct 25, 2023
Ford, UAW reach tentative deal to end strike – sources
By Joseph White and David Shepardson (Reuters) -Ford Motor and United Auto Workers (UAW) union negotiators reached a tentative labor deal after a six-week strike, three sources familiar with the matte...
Oct 25, 2023
Stellantis to buy about 20% stake in China’s Zhejiang Leapmotor for $1.6 billion
(Reuters) -Stellantis NV said on Thursday it would invest 1.5 billion euros ($1.58 billion) to acquire approximately 20% of Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology. Leapmotor...
Oct 25, 2023
Peoria, IL, USA
78 °F Sunny
