Category Archives:
Automobiles boost U.S. business inventories in November
WASHINGTON (Reuters) - U.S. businesses maintained a strong pace of inventory accumulation in November, with motor vehicle stocks rebounding a bit more than initially thought, suggesting the worst of g...
Jan 14, 2022
U.S. consumer sentiment sours in early January to second lowest level in decade
(Reuters) - U.S. consumer sentiment soured in early January, falling to the second lowest level in a decade as Americans fretted about soaring inflation, a survey showed on Friday. The University of M...
Jan 14, 2022
Tumbling Sberbank shares lead sharp Russian stock market sell-off
MOSCOW (Reuters) - Shares in Russia's largest lender Sberbank fell more than 8% at one point on Friday, leading a massive sell-off on the country's stock market which hit several blue chip companies a...
Jan 14, 2022
EV startup Bollinger drops pickups to focus on commercial trucks
By Nick Carey (Reuters) - Startup electric vehicle company Bollinger Motors said on Friday that it was postponing development of electric pickups for consumers to focus on commercial trucks amid soari...
Jan 14, 2022
Fed’s Harker says U.S. economy is improving but still freighted with risks
(Reuters) - The U.S. economy is improving and better off than it was a year ago, but it is still dealing with risks and challenges as some businesses struggle to hire workers, Philadelphia Federal Res...
Jan 14, 2022
U.S. retail sales tumble in December amid shortages
By Lucia Mutikani WASHINGTON (Reuters) - U.S. retail sales dropped by the most in 10 months in December, weighed down by shortages and spiraling COVID-19 infections, which could temper expectations th...
Jan 14, 2022
IL Driver’s Services facilities still closed out of caution
SPRINGFIELD, Ill. — Driver’s Services facilities statewide remain closed. Illinois Secretary of State Jesse White’s office confirms facilities will stay closed an additional week, op...
Jan 14, 2022
U.S. manufacturing output unexpectedly falls in December on autos
WASHINGTON (Reuters) - Production at U.S. factories unexpectedly fell in December, pulled down by a decline in output at motor vehicle plants amid an ongoing global semiconductor shortage. Manufacturi...
Jan 14, 2022
Exclusive-Madrid court reduces to 51.4 million euros compensation awarded to Orcel by Santander – court document
MADRID (Reuters) - A Madrid court reduced by roughly 16 million euros to 51.4 million euros the compensation awarded to Andrea Orcel last month after Santander withdrew an offer to make the Italian ba...
Jan 14, 2022
India’s Hero Motocorp to invest over $56 million in EV startup Ather Energy
BENGALURU (Reuters) - Indian two-wheeler vehicle maker Hero Motocorp Ltd said on Friday it would invest up to 4.20 billion rupees ($56.66 million) in electric vehicle start-up Ather Energy. ($1 = 74.1...
Jan 14, 2022
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
