Category Archives:
Ericsson books $2.9 billion impairment, says Q3 core profit fell 39%
STOCKHOLM (Reuters) -Telecom gear maker Ericsson on Wednesday announced a 32 billion Swedish crowns ($2.9 billion) impairment charge related to its acquisition last year of Vonage, and said core profi...
Oct 11, 2023
Amazon drought stalls shipping as boats run aground in low rivers
By Bruno Kelly BRASILIA (Reuters) - The barge carrying three trucks and 2,000 empty cooking gas cylinders lies stranded on the vast sand banks of a diminished Rio Negro river after running aground las...
Oct 11, 2023
Republican Steve Scalise on path to US House speaker in turbulent time
WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives nominated Steve Scalise to be the chamber’s next speaker on Wednesday, a challenging role after hard-right members o...
Oct 11, 2023
Birkenstock shares fall 11% in market debut to notch $8.32 billion valuation
(Reuters) - Luxury sandal maker Birkenstock notched a valuation of $8.32 billion in its market debut on Wednesday after shares opened 11% below their offer price. The stock began trading at $41 apiece...
Oct 11, 2023
European investment bank to offer Morocco $1 billion euro loan
MARRAKECH (Reuters) - The European Investment Bank said on Wednesday it will lend Morocco 1 billion euros ($1.06 billion) over the next three years to support the north African country's reconstructio...
Oct 11, 2023
Republican Steve Scalise on path to US House speaker in turbulent time
By Makini Brice WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives nominated Steve Scalise to be the chamber's next speaker on Wednesday, a challenging role after hard-right membe...
Oct 11, 2023
US House Republicans nominate Steve Scalise for speaker -lawmaker
WASHINGTON (Reuters) - Republicans who control the U.S. House of Representatives on Wednesday nominated Steve Scalise to serve as speaker following last week's ouster of Kevin McCarthy, according to t...
Oct 11, 2023
New York Republicans to move to oust George Santos from US House
By Moira Warburton WASHINGTON (Reuters) - A group of New York state Republicans in the U.S. House of Representatives will introduce a motion to expel indicted fellow Republican George Santos from the ...
Oct 11, 2023
Analysis-US stock market technicals suggest possible rebound as earnings, CPI loom
By Lewis Krauskopf NEW YORK (Reuters) - Technical and seasonal indicators that investors use to gauge the U.S. stock market's health show it may be time to buy, though upcoming inflation data and the ...
Oct 11, 2023
US Senator Warren concerned Exxon’s plan to buy Pioneer will raise costs
WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren, a Democrat on the Senate Banking panel, said on Wednesday she was concerned that Exxon Mobil's agreement to buy U.S. rival Pioneer Natural Resourc...
Oct 11, 2023
Peoria, IL, USA
69 °F Sunny
