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Motor vehicles boost U.S. business inventories in March
WASHINGTON (Reuters) - U.S. business inventories increased slightly more than expected in March, lifted by a jump in motor vehicle stocks, government data showed on Tuesday. Business inventories rose ...
May 17, 2022
U.S. Democrats unveil bill to address baby formula shortage
WASHINGTON (Reuters) -U.S. House Democrats on Tuesday unveiled a bill to provide $28 million to the Food and Drug Administration to help respond to a nationwide shortage of infant formula. House of Re...
May 17, 2022
U.S. FDA clears Pfizer’s COVID booster shot for young children
(Reuters) -The U.S. Food and Drug Administration has authorized the use of a booster shot of Pfizer and BioNTech's COVID-19 vaccine for children aged 5 to 11, the regulator said on Tuesday. The author...
May 17, 2022
California church shooter to be charged, may face death penalty – prosecutor
(Reuters) - The man accused of killing a doctor and wounding five other people in a shooting at a Taiwanese-American church banquet in California will be charged on Tuesday with murder and may face th...
May 17, 2022
S.Africa retailer Pick n Pay to cut $187 million in costs in 3 years
By Nqobile Dludla JOHANNESBURG (Reuters) - South African grocery and clothing retailer Pick n Pay aims to cut costs by 3 billion rand ($187 million) in the next three years and grow its market share b...
May 17, 2022
UPDATE: Two children hospitalized with minor injuries after school bus crash
UPDATE: 12:07 p.m. PEORIA, Ill. — We’re learning more about a traffic crash that involved a Peoria Public School bus this morning. According to Peoria Police, two of the kids on board the ...
May 17, 2022
Bullard: U.S. growth likely to continue above trend amid strong consumption
WASHINGTON (Reuters) - The U.S. economy is likely to continue growing at an above-trend pace for at least the next 18 months, and households are likely to continue spending as the influence of the pan...
May 17, 2022
Mercedes-Benz to use energy-dense silicon battery for G-Class
BERLIN (Reuters) - Mercedes-Benz will incorporate a new, highly energy-dense battery in its upcoming electric G-Class from 2025, it said on Tuesday, a solution to the problem of how to power large ele...
May 17, 2022
U.S. manufacturing output rises more than expected in April
WASHINGTON (Reuters) - Production at U.S. factories increased more than expected in April amid continued strong demand for motor vehicles and other goods, which should help to underpin manufacturing a...
May 17, 2022
Archegos’ Bill Hwang asks for Morgan Stanley probe after costly short squeeze – Bloomberg News
(Reuters) - Archegos Capital Management founder Bill Hwang has asked for a probe into Morgan Stanley to review if someone at the bank tipped off outsiders of the firm's plan to buy Futu Holdings Ltd s...
May 17, 2022
Peoria, IL, USA
45 °F Overcast
