Category Archives:
Fed’s Bostic: No ‘urgency’ to raise rates again, but cuts a long way off
ATLANTA (Reuters) - With the economy slowing and inflation falling there is no urgency for the Federal Reserve to raise its policy interest rate again, but it will likely be a long time before the Fed...
Oct 03, 2023
Krispy Kreme looks to sell Insomnia Cookies unit
(Reuters) - Krispy Kreme is exploring options for its Insomnia Cookies unit including a sale, the company said on Tuesday, as it renews its focus on its main business of selling doughnuts. The move co...
Oct 03, 2023
Metalworkers at Embraer’s Sao Jose dos Campos plant enter strike
SAO PAULO (Reuters) - Metalworkers at Brazilian planemaker Embraer's Sao Jose dos Campos plant have voted to enter strike as they campaign for higher wages, with the local Sindmetal union saying on Tu...
Oct 03, 2023
Top adviser Lazard says countries need debt mechanism to ‘strike a deal and move on’
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) - Countries going through a sovereign default need a debt rework mechanism that grants timely relief, even if that means finding a solutio...
Oct 03, 2023
United Airlines closes in on large order for Airbus A321 narrowbody jets – Bloomberg News
(Reuters) - United Airlines is near an agreement to purchase a double-digit number of Airbus A321 narrowbody jets, Bloomberg News reported on Tuesday, citing people familiar with the matter. An order ...
Oct 03, 2023
Consumer finance group seeks more privacy in digital euro use
By Huw Jones LONDON (Reuters) - Tougher privacy safeguards are needed for using a digital euro online, consumer lobby Finance Watch said on Tuesday, in the latest sign of mounting "Big Brother" concer...
Oct 03, 2023
Spice maker McCormick lifts profit forecast as higher prices cushion weaker demand
(Reuters) - McCormick on Tuesday raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish recovery in China The Cholula ...
Oct 03, 2023
Powerball jackpot over $1 billion after no winner Monday night
CHICAGO, Ill. - The Powerball jackpot continues to grow after no one matched all six numbers Monday night to claim the $1.07 billion grand prize. The winning numbers Monday night were: 12, 26, 27, 43,...
Oct 03, 2023
Banks stocks back in vogue for hedge funds in September -Morgan Stanley
By Nell Mackenzie LONDON (Reuters) - Global hedge funds raced to load up on bullish positions in banks, insurance companies and capital markets as September drew to a close, Morgan Stanley said in a c...
Oct 03, 2023
Schumer announces U.S. Senate trip to China, Japan, South Korea
WASHINGTON (Reuters) - A bipartisan U.S. Senate delegation will visit China, Japan and South Korea in October, Senate Majority Leader Chuck Schumer said on Tuesday. (Reporting by David Shephardson and...
Oct 03, 2023
Peoria, IL, USA
43 °F Mist
