Category Archives:
Takeover target Veoneer’s losses narrow ahead of Qualcomm deal
STOCKHOLM (Reuters) - Swedish automotive technology group Veoneer reported on Tuesday a narrower third-quarter loss amid a global chip shortage and said it would no longer provide an outlook as it foc...
Oct 26, 2021
Arson suspected in Monday night fire
PEORIA, Ill. — Arson appears to be the cause of a fire Monday night in Peoria’s East Bluff. The fire was reported around 9:15 p.m. in the 2200 block of N. Delaware. Firefighters arrived, f...
Oct 26, 2021
UPS profit rises 23% on e-commerce demand
(Reuters) - United Parcel Service Inc reported a 23% rise in quarterly profit on Tuesday, bolstered by high e-commerce demand that has allowed the delivery firm to raise shipping prices and cherry-pic...
Oct 26, 2021
IKEA buys former Topshop store in London’s Oxford Circus for £378 million
By Anna Ringstrom STOCKHOLM (Reuters) - IKEA, the world's biggest furniture brand, has agreed to buy the iconic former flagship store of British fashion chain Topshop in London's Oxford Circus from th...
Oct 26, 2021
UK retail sales pick up, but supply shortages hit new record-CBI
LONDON (Reuters) - British retailers reported a stronger-than-expected sales rise in October after a September slowdown but global supply chain problems reduced their stocks to the lowest level since ...
Oct 26, 2021
Global supply chain logjams, costs in focus as restaurant chains report earnings
By Hilary Russ NEW YORK (Reuters) - Investors hope to gauge the impact of the global supply-chain logjam on restaurant expansion plans when McDonald's Corp, Starbucks Corp and Yum Brands Inc report ca...
Oct 26, 2021
Explainer-Greenwashing: deception and vague promises that do not help the environment
(Reuters) - What seems friendly to the environment but is not? Greenwashing. The phrase evokes painting something "green", or environmentally friendly, and describes exaggerated and misleading claims ...
Oct 26, 2021
No end in sight for labor shortages as U.S. companies fight high costs
By Caroline Valetkevitch NEW YORK (Reuters) - Labor shortages may be the most intractable of the cost risks that U.S. companies faced in the latest quarter, and as the earnings season moves into its p...
Oct 26, 2021
Biden to join U.S.-ASEAN summit Trump skipped after 2017
By David Brunnstrom, Ain and Bandial WASHINGTON/BANDAR SERI BEGAWAN (Reuters) - U.S. President Joe Biden will join Southeast Asian leaders for a virtual summit on Tuesday, the first time in four years...
Oct 26, 2021
Third-quarter profits to sparkle for shale producers without hedges
By Liz Hampton (Reuters) - With oil and gas prices at multi-year highs, U.S. shale producers are poised to deliver the strongest earnings since the onset of the coronavirus pandemic, so long as they d...
Oct 26, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
