Category Archives:
Twitter shares rise after Hindenburg takes long position
(Reuters) - Short-seller Hindenburg Research on Wednesday said it had taken a long position in Twitter Inc shares, sending the social media firm's stock up 5% in early trading. "We have accumulated a ...
Jul 13, 2022
Fed seen jacking interest rates further as U.S. inflation soars
By Lindsay Dunsmuir and Ann Saphir (Reuters) - Traders boosted bets on Wednesday the Federal Reserve could deliver an even bigger interest-rate hike at its policy meeting later this month after the la...
Jul 13, 2022
Stellantis’ CEO says working with start-ups helping meet financial targets
MILAN (Reuters) - Cooperating with start-ups will help Stellantis meet its financial targets in a fast changing world, CEO Carlos Tavares said as the automaker on Wednesday gave awards to seven techno...
Jul 13, 2022
Apple hovers above competition even as smartphone market stumbles, sources say
By Yimou Lee and Stephen Nellis (Reuters) - The global smartphone market may be in the toilet, but the iPhone 13 continues to sell well, and Apple Inc is expecting its upcoming iPhone 14 to do even be...
Jul 13, 2022
Most U.S. small businesses worry recession is coming – Goldman survey
By David Lawder WASHINGTON (Reuters) - Some 93% of small business owners are worried that the United States will enter a recession in the next six months, a survey released by Goldman Sachs showed on ...
Jul 13, 2022
Lufthansa cancels 2,000 additional flights
BERLIN (Reuters) -Lufthansa is cancelling an additional 2,000 flights from Frankfurt and Munich this summer, the German flagship carrier said on Wednesday, citing staffing shortages at airports as wel...
Jul 13, 2022
U.S. recession risk up, but returns set to improve – Vanguard
By Davide Barbuscia NEW YORK (Reuters) - Vanguard Group, the world's second-biggest asset manager, said on Wednesday the U.S. economy had a growing chance of falling into recession in the next two yea...
Jul 13, 2022
Explainer-What is the BA.5 variant and why does it seem to be reinfecting so many people with COVID-19?
By Jennifer Rigby and Julie Steenhuysen LONDON (Reuters) - BA.5, part of the Omicron family, is the latest coronavirus variant to cause widespread waves of infection globally. According to the World H...
Jul 13, 2022
Euro falls below parity for the first time in 2 decades
LONDON (Reuters) - The euro dropped below parity against the dollar the first time in almost two decades, as a hawkish U.S. Federal Reserve and growing concern about rising recession risks in the euro...
Jul 13, 2022
Fed nominee Barr expected to get final Senate nod on Wednesday
WASHINGTON (Reuters) - The U.S. Senate on Wednesday is expected to confirm Michael Barr to the Federal Reserve Board and as the central bank's top banking regulator, a role in which he is set to bolst...
Jul 13, 2022
Peoria, IL, USA
54 °F Clear
