Category Archives:
Marketmind: Markets bet July 2023 is ‘peak Fed’
A look at the day ahead in U.S. and global markets from Mike Dolan Surprise news of a 2%-plus print on U.S. headline inflation rate for June has world markets betting the peak of the Federal Reserve's...
Jul 13, 2023
US FTC chair to face questions on court losses in congressional hearing
By Diane Bartz WASHINGTON (Reuters) - Lina Khan, the progressive head of the U.S. Federal Trade Commission, goes before a Republican-led House committee on Thursday where she will likely face tough qu...
Jul 13, 2023
AI startups bringing dollars but lean workforces to ailing San Francisco
By Anna Tong SAN FRANCISCO (Reuters) - In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Franci...
Jul 13, 2023
Explainer-Hollywood actors’ strike: How would it hit TV shows and movies?
LOS ANGELES (Reuters) - Thousands of Hollywood film and television actors may go on strike from Thursday, joining writers who walked off the job 11 weeks ago. How would a walkout by the Screen Actors ...
Jul 13, 2023
Italy looking to boost loyalty shares scheme to help Milan bourse
By Giuseppe Fonte ROME (Reuters) - Italy is looking to boost the ability of listed companies to issue shares with enhanced voting rights, a Treasury official said on Thursday, as part of efforts to st...
Jul 13, 2023
Mitsubishi’s China JV to cut staff costs after SUV sales dive
BEIJING/SHANGHAI (Reuters) - Mitsubishi Motors' joint venture with China's Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs in an attempt to turn the company around after sha...
Jul 13, 2023
China’s Huawei says it earned patent revenues of $560 million last year
SHENZHEN, China (Reuters) - Chinese tech giant Huawei Technologies received $560 million in royalty revenues in 2022, Alan Fan, its head of intellectual property (IP), said on Thursday in a speech at ...
Jul 13, 2023
Bosch ups investment in hydrogen, begins fuel-cell power module production
BERLIN (Reuters) - German auto supplier Bosch will invest almost 2.5 billion euros ($2.8 billion) in hydrogen fuel cell technology from 2021 to 2026 and expects to generate roughly 5 billion in sales ...
Jul 13, 2023
UK regulator refers Adobe’s $20 billion buyout of Figma to phase 2 probe
(Reuters) -Britain's antitrust regulator on Thursday referred Adobe's $20 billion buyout of cloud-based designer platform Figma to an in-depth probe saying the Photoshop owner informed the regulator t...
Jul 13, 2023
Hollywood actors union sets strike vote for Thursday as talks break down
LOS ANGELES (Reuters) - The SAG-AFTRA actors union said its negotiators unanimously recommended a strike after labor talks with Hollywood studios failed to yield an agreement. SAG-AFTRA said its natio...
Jul 13, 2023
Peoria, IL, USA
63 °F Sunny
