Category Archives:
U.S. goods trade deficit widens; inventories rise
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. trade deficit in goods increased in June as imports continued to rise amid strong economic activity, suggesting trade likely remained a drag on growth...
Jul 28, 2021
Explainer-How Robinhood's public listing ups the regulatory stakes
By Katanga Johnson WASHINGTON (Reuters) - Robinhood Markets Inc's highly anticipated public listing will subject the company to a slew of additional regulatory demands - historically a weak spot for t...
Jul 28, 2021
Germany's Contentful valued at $3 billion after Tiger Global-led funding
(Reuters) - Content platform provider Contentful said on Wednesday it raised $175 million in a funding round led by investment giant Tiger Global, bringing the German company's valuation to $3 billion...
Jul 28, 2021
White House calls on America's most critical companies to improve cyber defenses
By Christopher Bing and Nandita Bose WASHINGTON (Reuters) - The White House is signaling to U.S. critical infrastructure companies, such as energy providers that they must improve their cyber defenses...
Jul 28, 2021
In Tunis bazaar, traders say economic woes set stage for crisis
By Jihed Abidellaoui TUNIS (Reuters) - In the tourist bazaar in the Old City of Tunis, embroidered scarves, clay pots and ornaments spill out from store fronts into the narrow alleyways. But few peopl...
Jul 28, 2021
Battery recycling firm Redwood raises $700 million from big fund managers
By Paul Lienert (Reuters) -Battery recycling startup Redwood Materials has raised $700 million from a group of high-profile fund managers, including T. Rowe Price, Baillie Gifford and Fidelity, the co...
Jul 28, 2021
U.S. auto sales pace to weaken further in July - J.D. Power, LMC Automotive
(Reuters) - Growth in U.S. new vehicle retail sales is expected to slow down further in July because of a limited supply of automobiles caused by a global semiconductor shortage, consultants J.D. Powe...
Jul 28, 2021
Sony's PS5 outstrips predecessor with 10 million units sold since Nov launch
By Sam Nussey TOKYO (Reuters) - Sony Group Corp said on Wednesday its PlayStation 5 (PS5) gaming console has sold more than 10 million units since launching last November, outstripping sales of its pr...
Jul 28, 2021
Canada's annual inflation rate dips to 3.1% in June
OTTAWA (Reuters) -Canada's annual inflation rate in June dipped to 3.1% from a year-over-year increase of 3.6% in May, in part due to downward pressure from the prices of clothing and vegetables, Stat...
Jul 28, 2021
Coach owner Tapestry set to raise minimum wage to $15 an hour
(Reuters) - Coach handbag maker Tapestry Inc said on Wednesday it is raising the minimum wage for U.S. employees to $15 per hour starting in September, the latest company to push incentives to lure pe...
Jul 28, 2021
Peoria, IL, USA
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