Category Archives:
Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook
(Reuters) - Shares of Intel Corp rose about 5% after the chipmaker's finance chief said on Wednesday that the company is on track to hit the upper end of its second-quarter revenue forecast. Semicondu...
May 31, 2023
US default probability at lowest since January – MSCI
NEW YORK (Reuters) - The probability of a U.S. default has declined to its lowest since January, according to MSCI estimates, as a debt ceiling deal gets closer to the finish line. The one-year market...
May 31, 2023
US Supreme Court rulings darken forecast for EPA powers
By Andrew Chung (Reuters) - In a span of 11 months, the U.S. Supreme Court has delivered a one-two punch against the Environmental Protection Agency's ability to combat air and water pollution in twin...
May 31, 2023
US sues West Virginia governor’s coal empire over unpaid mining penalties
WASHINGTON (Reuters) - The U.S. Justice Department has sued West Virginia Governor Jim Justice's coal empire over allegations it failed to pay around $7.6 million in environmental fines from mining vi...
May 31, 2023
IKEA stores owner Ingka buys warehouse software firm Made4Net
LONDON (Reuters) - The largest owner of IKEA stores has acquired supply chain software firm Made4Net as the Swedish furniture retailer plans a major expansion in the United States and aims to grow its...
May 31, 2023
US crude output rises in March to highest since March 2020 – EIA
NEW YORK (Reuters) - U.S. field production of crude oil rose in March to 12.696 million barrels per day, the highest since March 2020, when the coronavirus pandemic began to decimate global energy dem...
May 31, 2023
US special counsel probes Trump firing of then-top cybersecurity official -NYT
WASHINGTON (Reuters) - A U.S. special counsel investigating former President Donald Trump and efforts to overturn his 2020 election loss are examining his firing of a cybersecurity official whose offi...
May 31, 2023
Bank of America retail banking head says consumer remains healthy
NEW YORK (Reuters) - Bank of America Corp expects good performance for its consumer business in the second quarter as the health of consumer remains strong, said the head of its consumer unit. "We're ...
May 31, 2023
Ford CEO says EV cost parity may not come until after 2030
By Shivansh Tiwary and Paul Lienert (Reuters) - Electric vehicles may not reach cost parity with internal combustion engine vehicles until after 2030, Ford Chief Executive Jim Farley said on Wednesday...
May 31, 2023
Dutch gov’t introduces ‘investment screening’ for sensitive tech
By Toby Sterling AMSTERDAM (Reuters) - A Dutch law giving the government power to review foreign technology investments and block takeovers on national security grounds is set to go into effect this w...
May 31, 2023
Peoria, IL, USA
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