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Analysis-U.S. stock rally faces uphill climb after mixed inflation data
By Lewis Krauskopf NEW YORK (Reuters) - A rally that has lifted stocks in the early weeks of 2023 may struggle to find its next leg higher as investors face more expensive valuations, a weak earnings ...
Syndicated Content Feb 14, 2023
Judge upholds Donald Trump contempt order, sanctions in New York civil probe
By Jonathan Stempel NEW YORK (Reuters) - A New York state appeals court on Tuesday upheld an order finding Donald Trump in civil contempt for having failed to comply with a subpoena from New York Atto...
Syndicated Content Feb 14, 2023
Louis Vuitton picks Pharrell Williams to head menswear designs
By Mimosa Spencer and Lisa Richwine PARIS (Reuters) - LVMH top label Louis Vuitton said on Tuesday it has hired Pharrell Williams to head artistic direction of its menswear designs, tapping a popular ...
Syndicated Content Feb 14, 2023
U.S. FTC commissioner Christine Wilson to resign
By Diane Bartz (Reuters) -Christine Wilson, the sole Republican on the U.S. Federal Trade Commission (FTC), said on Tuesday she will resign soon, blaming the move on the agency's top official, Lina Kh...
Syndicated Content Feb 14, 2023
EU antitrust regulators set March 20 deadline for Orange’s MasMovil bid
BRUSSELS (Reuters) - EU antitrust regulators will decide by March 20 whether to clear French telecoms provider Orange's $19 billion bid for Spanish telecoms provider MasMovil, a European Commission fi...
Syndicated Content Feb 14, 2023
Saudi Arabia’s PIF says U.S. stocks value falls nearly $6 billion in fourth quarter
By Yousef Saba DUBAI (Reuters) - Saudi Arabia's sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at the end of 2022, down from $36.8 billion at the end of September, dragged do...
Syndicated Content Feb 14, 2023
Fed not yet done on hikes but likely close – Harker
(Reuters) - The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation but it is likely near, Philadelphia Fed President Patrick Harker said on Tuesday. "In my view,...
Syndicated Content Feb 14, 2023
Improving Italian business cushions TIM’s profit decline
By Elvira Pollina MILAN (Reuters) - Telecom Italia (TIM) core profit fell a touch less than feared last year, helped by lower costs and some signs of improvement in its battered domestic business in t...
Syndicated Content Feb 14, 2023
Yellen says counties should use COVID funds for housing, job training
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Tuesday called on counties, cities and states to focus their remaining COVID-19 pandemic aid funding to develop more worker training and ...
Syndicated Content Feb 14, 2023
Ford halts production, shipment of F-150 Lightning electric truck- CNBC
(Reuters) - Ford Motor Co halted production and shipment of its F-150 Lightning electric truck following a potential battery issue, CNBC reported on Tuesday. The report said the automaker was investig...
Syndicated Content Feb 14, 2023
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