Category Archives:
Fed’s Evans: comfortable with two 50 bps point increases
By Ann Saphir (Reuters) - Chicago Federal Reserve Bank President Charles Evans said Tuesday that he's "comfortable" with a round of rate hikes this year that includes two 50 basis-point increases and ...
Apr 19, 2022
Fed’s Bostic says slowing global growth a reason for Fed to be “cautious” – CNBC
WASHINGTON (Reuters) - The potential for a global economic slowdown is reason for the Fed "to be cautious" as it raises interest rates in coming months, Atlanta Fed president Raphael Bostic said in co...
Apr 19, 2022
Siemens Energy reviews outlook as troubles at wind division deepen
FRANKFURT (Reuters) - Siemens Energy on Tuesday said it was reviewing its full-year outlook after wind turbine division Siemens Gamesa unveiled another quarterly loss. The company also said the operat...
Apr 19, 2022
IMF sees no ‘bounce back’ in Russian economy, warns of further damage if sanctions expanded
By Andrea Shalal WASHINGTON (Reuters) - Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and could see further damage if those...
Apr 19, 2022
U.S. forgives 40,000 student loans, provides aid to millions more
(Reuters) - The U.S. Department of Education has canceled student loan debt for 40,000 people and offered credits to help another 3.6 million pay off their loans under a plan announced on Tuesday desi...
Apr 19, 2022
IBM forecasts upbeat 2022 revenue on cloud strength; flags Russia hit
By Chavi Mehta (Reuters) - IBM said on Tuesday it expects to hit the top end of its revenue growth forecast for 2022 even as it accounted for a hit of a "few hundred million dollars" from the suspensi...
Apr 19, 2022
Netflix subscribers fall for first time in a decade, shares plunge 23%
By Dawn Chmielewski (Reuters) -Global streaming giant Netflix Inc on Tuesday reported losing subscribers for the first time in more than a decade and predicted more contraction in the second quarter, ...
Apr 19, 2022
Mastercard to link all employee bonuses to ESG goals
(Reuters) - Payment processor Mastercard Inc will link all employee bonuses to environmental, social and corporate-governance (ESG)initiatives, expanding an earlier program which was limited to its se...
Apr 19, 2022
World Bank to push ahead with some Afghan projects, maintain pause on education support -sources
By Andrea Shalal and Jonathan Landay WASHINGTON (Reuters) - The World Bank has resumed work on three projects in Afghanistan focused on health, agriculture and livelihoods, but will maintain a hold on...
Apr 19, 2022
Former eBay executive to plead guilty to cyberstalking campaign targeting couple
By Nate Raymond BOSTON (Reuters) -A former eBay Inc security executive intends to plead guilty to federal charges that he planned a cyberstalking campaign that targeted a Massachusetts couple whose on...
Apr 19, 2022
Peoria, IL, USA
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