Category Archives:
Analysis-US debt-ceiling deal averts disaster, but savings might be less than advertised
By Andy Sullivan WASHINGTON (Reuters) - The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave off an imminent U.S. default, but might deliver less budget savings t...
Syndicated Content Jun 01, 2023
US construction spending surges in April
WASHINGTON (Reuters) - U.S. construction spending surged in April, boosted by investment in nonresidential structures, but higher mortgage rates continued to depress single-family homebuilding. The Co...
Syndicated Content Jun 01, 2023
U.S. Supreme Court gives boost to whistleblowers in drug pricing case
By John Kruzel WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday gave a boost to whistleblowers in their bid to revive lawsuits accusing pharmacy operators of knowingly overbilling government ...
Syndicated Content Jun 01, 2023
US Supreme Court throws out ruling against Slack over direct listing
By Andrew Chung (Reuters) - The U.S. Supreme Court on Thursday gave Salesforce Inc's Slack Technologies another chance to avoid a lawsuit over the workplace communications software company's 2019 dire...
Syndicated Content Jun 01, 2023
Meta’s Zuckerberg unveils Quest 3 mixed reality headset
By Katie Paul NEW YORK (Reuters) -Meta Platforms CEO Mark Zuckerberg revealed the company's next generation mixed reality headset, the Quest 3, in an Instagram post on Thursday as part of its annual g...
Syndicated Content Jun 01, 2023
Microsoft flags over $400 million charge for Irish privacy violation fine on LinkedIn
(Reuters) - Software major Microsoft Corp said on Thursday it expected to take a charge of about $425 million in the current quarter for a potential fine from an Irish regulator over alleged privacy v...
Syndicated Content Jun 01, 2023
US Supreme Court rules against union in fight over strike that damaged property
By John Kruzel WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday dealt another setback to organized labor by making it easier for employers to sue over strikes that cause property destruction ...
Syndicated Content Jun 01, 2023
Stellantis announces 160 million euro investment to launch electric SUV in 2025
(Reuters) - Stellantis will invest 160 million euros ($176.13 million) at its Rennes plant to launch a 100% electric compact SUV in 2025, the Franco-Italian-American car manufacturer announced on Thur...
Syndicated Content Jun 01, 2023
U.S. manufacturing slumps further in May; employment picks up -ISM
WASHINGTON (Reuters) - U.S. manufacturing contracted for a seventh straight month in May as new orders continued to plummet amid higher interest rates, but factories boosted employment to a nine-month...
Syndicated Content Jun 01, 2023
Analysis-Germany leads big bond rally as inflation finally heads down
By Yoruk Bahceli (Reuters) - Germany is leading the biggest rally in global bond markets since March's banking rout as cooling inflation and a weakening economy suggest European Central Bank rate hike...
Syndicated Content Jun 01, 2023
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