Category Archives:
Fed’s Powell: don’t assume Fed can protect U.S. economy from debt limit default
WASHINGTON (Reuters) - The U.S. Federal Reserve is unlikely to be able to shield the U.S. economy from the fallout of a failure to raise the federal debt ceiling, and the U.S. government should never ...
May 03, 2023
Ford hits production issue on F-150 trucks due to missing door handles – source
(Reuters) - Ford Motor Co is facing another production snag building its popular F-150 pickup trucks due to missing door handles, according to a source familiar with the matter. The automaker is worki...
May 03, 2023
Exclusive-EQT sounds out banks to manage LimaCorporate IPO – sources
By Pablo Mayo Cerqueiro and Andres Gonzalez LONDON (Reuters) - Private equity house EQT is weighing options including a possible initial public offering (IPO) for LimaCorporate, the Italian medical de...
May 03, 2023
TikTok to launch ad product that will give premium content creators 50% cut
(Reuters) - TikTok said on Wednesday it is launching a product that well let advertisers place ads alongside content produced by premium publishers, half of the ad revenue from which will be shared wi...
May 03, 2023
US regional bank stocks draw bearish options bets despite bounce
By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) - The cost of insuring against further losses in regional U.S. bank stocks stood near a one-month high in options markets on Wednesday, even ...
May 03, 2023
Instant View: Fed raises rates another 25 basis points, hints it may be the last
NEW YORK (Reuters) - The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess bank failure...
May 03, 2023
Airbus says engine maker Pratt facing problems with jet support
PARIS (Reuters) - The head of planemaker Airbus said on Wednesday U.S. engine maker Pratt & Whitney has been struggling to support its fleet of passenger jets with enough spare parts and engines. CEO ...
May 03, 2023
U.S. SEC adopts new rules around private fund disclosures, share buybacks
By John McCrank NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Wednesday adopted new disclosure rules for hedge fund and private equity fund advisors aimed at increasing transpare...
May 03, 2023
Shooting at Atlanta medical building leaves one dead, 3 hospitalized -police
By Rich McKay ATLANTA (Reuters) -One person was killed and three others hospitalized in a shooting at a medical building in Atlanta on Wednesday, police said in a tweet, and a suspect is still at larg...
May 03, 2023
Man arrested for threatening to ‘shoot up’ U of I Urbana-Champaign campus
URBANA, Ill. – The University of Illinois says a former student was arrested Tuesday for allegedly threatening to “shoot up the school.” U of I police say Jonathan Zheng, 22, was arr...
May 03, 2023
Peoria, IL, USA
67 °F Partly cloudy
