Category Archives:
UAW workers strike biggest Ford truck plant in surprise move
By David Shepardson and Joseph White (Reuters) -The United Auto Workers said on Wednesday that 8,700 union members at Ford's Kentucky Truck Plant went on strike after the union said the No. 2 U.S. aut...
Oct 11, 2023
Liontown extends due diligence by a week for $4.2 billion buyout by Albemarle
(Reuters) - Lithium miner Liontown Resources on Thursday said it would extend the exclusive due diligence period by a week for its proposed A$6.6 billion ($4.23 billion) buyout by U.S. firm Albemarle ...
Oct 11, 2023
Novelist Salman Rushdie’s memoir on 2022 stabbing to be published next year
By Kanishka Singh WASHINGTON (Reuters) - Salman Rushdie, the Indian-born novelist who spent years in hiding after Iran urged Muslims to kill him because of his writing, will publish a memoir on his 20...
Oct 11, 2023
Goldman Sachs sues Malaysia as discord over 1MDB settlement escalates
(Reuters) -Goldman Sachs Group is suing Malaysia in a UK court, a source familiar with the matter told Reuters, as tensions escalate over a settlement linked to its role in the 1MDB investment-fund sc...
Oct 11, 2023
Man sent to federal prison for machine gun possession
PEORIA, Ill. – A teenager from Washington got nowhere near what he could have received after pleading guilty to Possession of Machine Guns. The U.S. Attorney’s Office says Zavien Ross, 19,...
Oct 11, 2023
Pioneer’s mega-sale to Exxon will trigger $71 million in exec windfalls
By David French NEW YORK (Reuters) - Senior management at Pioneer Natural Resources will likely be out of a job once the company's $60 billion sale to Exxon Mobil is completed, but the top brass will ...
Oct 11, 2023
Marketmind: Fed pivot reality check for emerging markets?
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Unexpectedly high U.S. producer price inflation figures on Wednesday could cool...
Oct 11, 2023
City Council discussion on whether to buy back water system continues
PEORIA, Ill. - A public buyout of Peoria's water system would cost the city roughly $277 million, not taking into account borrowing costs or whether the purchase would lead to cheaper water rates for ...
Oct 11, 2023
Air Canada sued by Miami-based Brink’s in relation to $17 million gold and cash heist
(Reuters) - Air Canada has been sued by Miami-based transport and security services provider Brink's, which alleged the airline of "negligence and carelessness" related to a gold and cash heist at a T...
Oct 11, 2023
AIG reshuffles leadership to focus on underwriting business
(Reuters) - American International Group (AIG) on Wednesday appointed company insiders David McElroy, Don Bailey, and Jon Hancock to key positions in a bid to strengthen its underwriting performance. ...
Oct 11, 2023
Peoria, IL, USA
75 °F Sunny
