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Explainer-Auto industry on tenterhooks as UAW kicks off talks with ‘Detroit Three’
By Nathan Gomes (Reuters) - The United Auto Workers (UAW) union will start contract talks with the Detroit Three automakers beginning Thursday, ahead of the mid-September expiration of current four-ye...
Syndicated Content Jul 12, 2023
Analysis-US stock investors count on earnings to propel rally after upbeat CPI report
By Lewis Krauskopf NEW YORK (Reuters) - As U.S. inflation cools and growth remains resilient, bullish investors are counting on the upcoming earnings season to provide more fuel for a rally that has t...
Syndicated Content Jul 12, 2023
Factbox-Hottest spots in U.S. as heat wave blankets Southwest
(Reuters) - Nearly 100 million Americans are facing a prolonged spell of sweltering weather this week, with the National Weather Forecast issuing heat advisories for many cities and towns across the c...
Syndicated Content Jul 12, 2023
Twitter owes ex-employees $500 million in severance, lawsuit claims
By Daniel Wiessner (Reuters) - Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay at least $500 million in promised severance to thousands of employees who were laid off af...
Syndicated Content Jul 12, 2023
Roblox beta comes to Meta’s Quest VR headsets
(Reuters) - Roblox Corp's eponymous online game will soon be available on Meta Platforms' Quest virtual reality (VR) headsets, according to a blog post by Meta on Wednesday. The game will arrive as a ...
Syndicated Content Jul 12, 2023
Fed’s Jefferson, fellow Fed nominees advance toward confirmation
By Moira Warburton and Ann Saphir WASHINGTON (Reuters) -U.S. President Joe Biden's three Federal Reserve Board nominees, including his pick to fill the influential Fed vice chair post, advanced toward...
Syndicated Content Jul 12, 2023
US economic activity rose slightly in recent weeks, Fed survey shows
(Reuters) - U.S. economic activity increased slightly in recent weeks, and expectations were for continued slow growth in coming months, a Federal Reserve report published on Wednesday showed. "Overal...
Syndicated Content Jul 12, 2023
Options hedges against a break in US stock market calm at record high
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Options traders are taking advantage of muted U.S. stock market gyrations to load up on contracts that would jump in value should equities see a big drop, boo...
Syndicated Content Jul 12, 2023
US charges second Frank college aid executive with defrauding JPMorgan
By Luc Cohen NEW YORK (Reuters) - U.S. prosecutors on Wednesday unveiled an indictment charging Olivier Amar, who helped run college financial aid startup Frank, with defrauding JPMorgan Chase into bu...
Syndicated Content Jul 12, 2023
Kia to invest $200 million in Georgia plant, build EV9 SUV in 2024
(Reuters) - Kia said Wednesday it will invest more than $200 million in its assembly plant in the U.S. state of Georgia to begin production of its electric EV9 SUV next year. The Korean automaker said...
Syndicated Content Jul 12, 2023
Peoria, IL, USA
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