Category Archives:
Fed’s Logan: data does not yet show June pause is appropriate
(Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Thursday said she's concerned that "much too high" inflation is not cooling fast enough yet to allow the Fed to pause its interest-rate...
May 18, 2023
U.S. court issues temporary restraining order on $27.8 billion Amgen-Horizon deal
(Reuters) - A U.S. district court has issued a temporary restraining order on Amgen Inc's $27.8 billion acquisition of Horizon Therapeutics following a submission for it by the two companies and the U...
May 18, 2023
US weekly jobless claims fall; labor market still tight
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for jobs benefits fell more than expected last week, with applications in Massachusetts decreasing sharply, suggesting...
May 18, 2023
U.S. West Coast ports regain lost volume as competitive pressure mounts
By Lisa Baertlein CHICAGO (Reuters) - Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks could disrupt shipments have begun bringin...
May 18, 2023
General Electric CFO Dybeck Happe to step down
(Reuters) - General Electric Co said on Thursday Carolina Dybeck Happe would step down as finance chief of the industrial giant, as it prepares to complete the spin-offs of its businesses next year. R...
May 18, 2023
BNY Mellon prices $500 million debt offering via diverse bookrunners
NEW YORK (Reuters) - The Bank of New York Mellon Corporation priced a $500 million debt offering that was underwritten by minority, veteran- and woman-owned investment firms, the bank said in a statem...
May 18, 2023
NYSE to bust erroneous trades in CDW Corp shares
(Reuters) - NYSE Arca Equities said it was reviewing potentially erroneous trading in the shares of IT solutions provider CDW Corp after they briefly plunged as much as 96% to $7 in premarket trading ...
May 18, 2023
TuSimple to restructure US business, lay off 30% staff
(Reuters) -TuSimple Holdings Inc said on Thursday that it will restructure its U.S. operations and reduce headcount by 30% as it looks to preserve its balance sheet. The autonomous driving technology ...
May 18, 2023
ADB warns China it risks wasting money on state-led growth
By Joe Cash BEIJING (Reuters) - China needs to level the playing field between private and state owned firms, the Asian Development Bank's chief economist said on Thursday, adding that the world's sec...
May 18, 2023
Regency Centers to buy Urstadt Biddle Properties in $1.4 billion deal
(Reuters) - Regency Centers Corp said on Thursday it has agreed to acquire Urstadt Biddle Properties Inc in an all-stock deal valued at about $1.4 billion, including the assumption of debt and preferr...
May 18, 2023
Peoria, IL, USA
53 °F Sunny
