Category Archives:
Xiaomi president says ev manufacturing plans ahead of schedule
SHENZHEN, China (Reuters) - Xiaomi Corp President Lu Weibing said on Tuesday that the company's plans to start mass production of electric vehicles (EVs) in the first half of 2024 remains unchanged. "...
Aug 29, 2023
Pekin council picks police chief to become next city manager
PEKIN, Ill. (25 News) – The Pekin City Council has chosen Pekin Police Chief John Dossey to become the next city manager despite criticism about the process that led to Dossey's selection. The c...
Aug 29, 2023
Best Buy sales drop smaller than expected as discounts drive demand
(Reuters) -Top U.S. electronics retailer Best Buy Co Inc on Tuesday reported a smaller-than-expected drop in quarterly comparable sales, as deeper discounts encouraged bargain-hunting Americans to sho...
Aug 29, 2023
Argentina’s Milei will need time to scrap peso if he wins, advisers say
By Anna-Catherine Brigida BUENOS AIRES (Reuters) - Javier Milei, Argentina's radical presidential front-runner, will need time to carry out his campaign pledges of scrapping the peso currency and cutt...
Aug 29, 2023
3M agrees to pay $6 billion in earplug lawsuit settlement
(Reuters) -3M said on Tuesday it had agreed to pay $6 billion to settle nearly 260,000 lawsuits accusing it of selling defective combat earplugs that caused hearing loss in hundreds of thousands of cu...
Aug 29, 2023
Marketmind: Quietly absorbing one more Fed hike
A look at the day ahead in U.S. and global markets from Mike Dolan World markets stayed remarkably buoyant even as the chances of one more U.S. interest rate hike have moved firmly onto the radar, wit...
Aug 29, 2023
Futures muted as investors await more economic data
(Reuters) - U.S. stock index futures were subdued on Tuesday in a data-packed week, with job openings figures due later in the day that will provide further clues on the state of the economy. Multiple...
Aug 29, 2023
Exclusive-Meta’s Canada news ban fails to dent Facebook usage
By Katie Paul and Steve Scherer NEW YORK (Reuters) - Meta's decision to block news links in Canada this month has had almost no impact on Canadians' usage of Facebook, data from independent tracking f...
Aug 29, 2023
China’s Xiaomi sees 4% revenue dip in second quarter on shrinking phone market
SHENZHEN, China (Reuters) - Xiaomi Corp reported a revenue drop of 4% in the second quarter on Tuesday, tracking a continued sales decline in China's handset market. Sales dropped to 67.4 billion yuan...
Aug 29, 2023
Hollywood’s young actors see career dreams deferred by strikes
By Danielle Broadway LOS ANGELES (Reuters) - Serena Kashmir has always looked at her acting career as a "spiritual, loving and joyful thing," but after the Hollywood actors' strike began last month, s...
Aug 29, 2023
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