Category Archives:
ECB hikes rates, promises another 50 bps more in March
FRANKFURT (Reuters) - The European Central Bank raised interest rates for the fifth successive time on Thursday and signalled another half a percentage point increase for March, pressing ahead with po...
Feb 02, 2023
U.S. Senate Democrats to push FTC to restrict marketing of guns to children
By Gram Slattery WASHINGTON (Reuters) - A group of U.S. Senate Democrats will introduce legislation on Thursday directing the Federal Trade Commission to create rules banning the marketing of firearms...
Feb 02, 2023
State Farm informs state about hundreds of I-T layoffs
BLOOMINGTON, Ill. — State Farm Insurance is notifying the state it will lay off 451 Information Technology employees working at the company's Corporate South offices in Bloomington starting at t...
Feb 02, 2023
CNH beats Q4 expectations, sees 2023 net sales up 6-10%
(Reuters) -CNH Industrial sees its net sales of industrial activities increasing between 6% and 10% this year, the group said on Thursday, after posting stronger-than-expected results in the last quar...
Feb 02, 2023
Peltz’s Trian seeks to rally Disney shareholders against board director Froman
By Svea Herbst-Bayliss NEW YORK (Reuters) - Activist investor Nelson Peltz's hedge fund Trian Fund Management wrote to Walt Disney Co shareholders on Thursday to make the case for replacing the media ...
Feb 02, 2023
U.S. layoffs hit two-year high in Jan. as tech slashed thousands of jobs – report
By Samrhitha A (Reuters) - Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a ...
Feb 02, 2023
Auto parts supplier Aptiv expects weak 2023 profit on high costs
(Reuters) -Auto parts supplier Aptiv Plc forecast a lower-than-expected 2023 profit on Thursday, as inflating costs for labor and energy, along with volatile production schedules project a dim outlook...
Feb 02, 2023
Nigeria disagrees with ‘surprise’ Moody’s downgrade – finance minister
By Felix Onuah and Chijioke Ohuocha ABUJA (Reuters) - Nigeria's finance minister said on Thursday she disagreed with what she called a "surprise" downgrade of the country's credit rating by Moody's, i...
Feb 02, 2023
Santander Brasil’s Q4 net profit slumps as loan-loss provisions bite
By Gabriel Araujo SAO PAULO (Reuters) -Banco Santander Brasil SA on Thursday posted a slump in fourth-quarter net profit as loan-loss provisions rose against a backdrop of higher interest rates and de...
Feb 02, 2023
Shale oil producer ConocoPhillips posts higher fourth-quarter profit
(Reuters) -ConocoPhillips reported a jump in fourth-quarter profit on Thursday, as the U.S. shale producer benefited from higher prices for its crude oil on tight supplies and robust demand. Crude pri...
Feb 02, 2023
Peoria, IL, USA
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