Category Archives:
Analysis-Whispers of S&P 500 bear market grow louder as U.S. stock decline continues
By David Randall NEW YORK (Reuters) - Expectations of a hawkish Federal Reserve are dimming Wall Street's outlook for stocks, with some investors now bracing for a potential bear market in the benchma...
May 09, 2022
Aptiv Shanghai plant suspends some shipments after COVID cases – sources
SHANGHAI (Reuters) -Aptiv stopped shipping over the weekend some parts from a Shanghai plant that supplies Tesla Inc and General Motors Co after COVID-19 infections were found among its workers, two p...
May 09, 2022
Yellen to travel to Warsaw and Brussels ahead of G7 finance officials’ meeting
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will travel to Warsaw on May 14 and Brussels on May 16 ahead of the G7 finance ministers' meeting that she will attend in Bonn, Germany on M...
May 09, 2022
Goldman Sachs to shrink footprint in SPAC market over regulatory threat
(Reuters) -Goldman Sachs Group Inc is reducing its involvement with blank-check companies, a spokesperson for the bank said on Monday, as U.S. regulators continue to clamp down on what was one of the ...
May 09, 2022
Exclusive-Germany prepares crisis plan for abrupt end to Russian gas – sources
By John O'Donnell BERLIN (Reuters) - German officials are quietly preparing for any sudden halt in Russian gas supplies with an emergency package that could include taking control of critical firms, t...
May 09, 2022
France to return to growth in second quarter – INSEE
PARIS (Reuters) - France's economy will escape from stagnation in the current quarter and eke out meagre growth, although inflation will continue to weigh on consumers, the INSEE official statistics a...
May 09, 2022
No meetings last week between Chevron, union negotiators in refinery strike -official
HOUSTON (Reuters) - Negotiators for Chevron Corp and the United Steelworkers union (USW) did not meet last week to discuss a possible end to a strike at the company's Richmond, California, refinery, s...
May 09, 2022
Musk’s $44-billion Twitter deal at risk of being repriced lower – Hindenburg
(Reuters) -Short-seller Hindenburg Research warned on Monday that Elon Musk's $44-billion offer to take Twitter Inc private could get repriced lower if the Silicon Valley billionaire walked away from ...
May 09, 2022
FedEx has ‘lucrative backdoor’ to bigger role in e-commerce, says Citi
(Reuters) - FedEx Corp can boost its profit by $1 billion annually if the delivery giant leverages its ShopRunner buyout and its partnership with Microsoft to deepen its e-commerce presence and cater ...
May 09, 2022
UPDATE: Man found dead in Peoria alley now investigated as homicide
UPDATED 3:47 p.m. PEORIA, Ill. – Peoria County’s coroner says the death of a West Peoria man, found in the East Bluff neighborhood early Monday morning, is now being investigated as a homi...
May 09, 2022
Peoria, IL, USA
57 °F Overcast
