Category Archives:
UPDATE: UAW prepares Caterpillar workers for potential strike
UPDATED 4:27 P.M. PEORIA, Ill. – The union representing Caterpillar workers in the Peoria area says they don’t want to have to strike, but they want to be ready to do so anyway. United Aut...
Jan 13, 2023
Fed says surging interest costs cut what it handed back to Treasury in 2022
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve said Friday that it handed back substantially less money to the Treasury last year than it did the year before, amid rising interest expens...
Jan 13, 2023
EU must assess clean tech funding needs – von der Leyen
KIRUNA, Sweden (Reuters) - European Commission President Ursula von der Leyen said on Friday it was important to assess what funding the EU clean tech sector required to ensure a level playing field w...
Jan 13, 2023
Analysis-ECB can cut carbon footprint by shedding bonds of biggest polluters
By Virginia Furness and Francesco Canepa LONDON (Reuters) - The European Central Bank could radically cut the carbon footprint of its corporate bond portfolio by selling just 50 billion euros ($54.30 ...
Jan 13, 2023
U.S. rejects Bill Hwang’s sandbagging claim in Archegos prosecution
By Jonathan Stempel NEW YORK (Reuters) - The U.S. Department of Justice forcefully rejected Bill Hwang's claim that it sandbagged him by concealing its plan to charge him with fraud over the collapse ...
Jan 13, 2023
U.S. consumer inflation expectations fall in January
WASHINGTON (Reuters) - U.S. consumers believe price pressures will ease considerably over the next 12 months, with a survey on Friday showing their one-year inflation outlook falling in January to the...
Jan 13, 2023
Biden tells Kishida U.S. strongly supports defense of Japan
WASHINGTON (Reuters) - U.S. President Joe Biden welcomed Japanese Prime Minister Fumio Kishida at the White House on Friday and told him that the United States strongly supports the defense of Japan. ...
Jan 13, 2023
Gucci hits runway as fashion world awaits new designer
By Mimosa Spencer and Elisa Anzolin PARIS/MILAN (Reuters) - Gucci kicked off Milan fashion week on Friday with a lineup of slouchy, androgynous menswear styles, forging ahead with its latest collectio...
Jan 13, 2023
Exclusive-Exxon prepares to start up $1.2 billion Texas oil refinery expansion – sources
By Erwin Seba (Reuters) - Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the matter said, completing a $1.2 bi...
Jan 13, 2023
BNY Mellon to cut 1,500 jobs this year – WSJ
(Reuters) - Bank of New York Mellon Corp is planning to cut 1,500 jobs, or around 3% of its workforce, this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Th...
Jan 13, 2023
Peoria, IL, USA
42 °F Sunny
