Category Archives:
Carlyle's second-quarter profit tops estimate on fee growth as AUM climbs
By Isla Binnie and Niket Nishant (Reuters) -Carlyle Group reported a better-than-expected profit in the second quarter on Wednesday, helped by a pickup in fees as it grew its assets under management. ...
Thomson Reuters Aug 06, 2025
Trump tariffs cost small Canadian firms as big business, oil enjoy exemptions
By Promit Mukherjee OTTAWA (Reuters) -Steve Mallia's Toronto-based telescope accessory business was thriving until March when the Trump administration imposed a 25% tariff on U.S.-bound orders that do...
Thomson Reuters Aug 06, 2025
OpenAI’s long-awaited GPT-5 model nears release
By Anna Tong SAN FRANCISCO (Reuters) -OpenAI's GPT-5, the latest installment of the AI technology that powered the ChatGPT juggernaut in 2022, is set for an imminent release, and users will scrutinize...
Thomson Reuters Aug 06, 2025
Bath & Body Works targets college bookstores to woo young buyers
By Nicholas P. Brown NEW YORK (Reuters) -Bath & Body Works is going to college. Students at hundreds of U.S. universities will soon be able to buy the company's fragrances, candles and other items at ...
Thomson Reuters Aug 06, 2025
German cabinet approves bill to accelerate carbon storage infrastructure
BERLIN (Reuters) -Germany's cabinet approved on Wednesday reforms to accelerate the development of infrastructure for carbon dioxide capture and storage as Berlin aims to become carbon neutral by 2045...
Thomson Reuters Aug 06, 2025
India braces for hit to $64 billion US exports amid rising tensions with Washington
By Nikunj Ohri, Sarita Chaganti Singh and Shivam Patel NEW DELHI (Reuters) -India expects to lose a competitive advantage in about $64 billion worth of goods exported to the U.S. due to President Dona...
Thomson Reuters Aug 06, 2025
Siemens Energy plans cost cuts, offshore ramp-up to break even wind unit
FRANKFURT (Reuters) -Siemens Energy is banking on further cost cuts and an ongoing ramp-up of offshore wind activities to meet its goal of breaking even at its loss-making Siemens Gamesa unit, executi...
Thomson Reuters Aug 06, 2025
UPDATE: 41-year-old male identified as victim in fatal officer-involved shooting in Peoria's East Bluff
UPDATED 4:35 P.M. PEORIA, Ill. - The identity of the victim in a fatal officer involved shooting Tuesday in Peoria's East Bluff has been identified. Peoria County Coroner Jamie Harwood says an autopsy...
Julia Bradley Aug 06, 2025
Germany moves to fast-track geothermal energy projects
BERLIN (Reuters) -Germany's cabinet approved a draft law on Wednesday aimed at fast-tracking the rollout of geothermal energy projects, as part of its goal to eliminate fossil fuel-based heating by 20...
Thomson Reuters Aug 06, 2025
Analysis-Blowout South Korea stock rally on a knife-edge over tax plans
By Gregor Stuart Hunter SINGAPORE (Reuters) -South Korea's tax policies have thrown the outlook for Asia's best-performing major stock market into doubt, with investors assessing the impact of higher ...
Thomson Reuters Aug 06, 2025

Peoria, IL, USA
82 °F Partly cloudy