Category Archives:
U.S. goods trade deficit widens in January; wholesale inventories decline
WASHINGTON (Reuters) -The U.S. trade deficit in goods increased moderately in January, with both imports and exports rising solidly, leaving trade on track to have little or no impact on gross domesti...
Feb 28, 2023
Man pleads guilty to reduced charge for 2021 Peoria homicide
PEORIA, Ill. — A man has been sentenced to 27-years in prison for the murder of Bobby King two years ago. Odis Jackson, 27, took a plea deal in Peoria County Court. In exchange, prosecutors drop...
Feb 28, 2023
March madness could be in store for markets after a somber February
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) - March madness? After a euphoric January was followed by a somber February, with bonds and equities selling off as strong data renewed rate-hike...
Feb 28, 2023
Stellantis to invest $155 million in U.S. to produce new electric drive modules
MILAN (Reuters) - Stellantis said on Tuesday it will invest a total of $155 million in three plants located in Kokomo, Indiana, to produce new electric drive modules (EDM) that will be fitted in elect...
Feb 28, 2023
European telecoms sector faces ‘perfect storm’, Telecom Italia CEO says
(Reuters) - Telecom firms in Europe are facing unsustainable market trends linked to shrinking retail prices, booming data consumption and "unprecedented" investment needed to upgrade networks, the he...
Feb 28, 2023
Portugal economy grows 6.7% in 2022, but slowing down
LISBON (Reuters) - Portugal's economy grew 6.7% in 2022, its strongest pace in 35 years, fuelled by domestic demand and booming tourism, but inflation put the brakes on private consumption in the four...
Feb 28, 2023
Applied Materials unveils new chip tool to lower cost in lithography process
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Silicon Valley-based Applied Materials Inc, among the most important makers of tools for chip manufacturing, said on Tuesday it has started selling a new...
Feb 28, 2023
India’s Jan infrastructure output grows 7.8% y/y, fastest in four months
By Shivangi Acharya NEW DELHI (Reuters) - India's infrastructure output expanded 7.8% year-on-year in January, its fastest pace in four months, driven by a surge in fertiliser, coal and electricity ou...
Feb 28, 2023
CAT/UAW’s contract is about to expire
PEORIA, Ill. — The current contract between Caterpillar Inc. and the United Auto Workers Union expires at midnight Tuesday. Union members at Peoria area Caterpillar plants gave leaders the autho...
Feb 28, 2023
Visa, Mastercard pause crypto push in wake of industry meltdown – sources
By Manya Saini (Reuters) - U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in ...
Feb 28, 2023
Peoria, IL, USA
54 °F Sunny
