Category Archives:
Volkswagen to hold series of capital market days for brands, software and battery units – sources
BERLIN (Reuters) - Volkswagen will hold a series of capital markets days to present the results of mock listing exercises at each of its brand groups and its software and battery units, according to t...
Jun 16, 2023
NY Fed in-house forecasts points to better economic outlook for U.S
By Michael S. Derby NEW YORK (Reuters) - The New York Fed's in-house economic forecasting model is predicting a notably brighter economic future for the U.S. relative to three months ago, the bank sai...
Jun 16, 2023
US South blanketed with oppressive heat going into holiday weekend
(Reuters) - A dangerous heat wave threatened to bring record-breaking temperatures to parts of the U.S. South on Friday, with the National Weather Service warning Americans from Texas to Florida to li...
Jun 16, 2023
U.S. Supreme Court allows Justice Department to toss whistleblower cases
By Nate Raymond (Reuters) -The U.S. Supreme Court on Friday preserved the Justice Department's power to unilaterally dismiss lawsuits filed under a law that lets whistleblowers sue businesses on behal...
Jun 16, 2023
US consumer sentiment rises to four-month high in June
WASHINGTON (Reuters) - U.S. consumer sentiment rose to a four-month high June, lifted by easing inflation fears and the resolution of the debt ceiling crisis, a survey showed on Friday. The University...
Jun 16, 2023
Meta rolls back measures to tackle COVID misinformation
(Reuters) - Meta Platforms said on Friday a policy that was put in place to curb the spread of misinformation related to COVID-19 on Facebook and Instagram would no longer be in effect globally. Socia...
Jun 16, 2023
Micron says half of China headquarter revenue at risk due to ban
(Reuters) -Micron Technology said on Friday about half of its China headquarter customer revenue is "now at risk of being impacted" from China's ban on sale of its memory chips to key domestic industr...
Jun 16, 2023
Texas power use to break records in heat wave next week – ERCOT
(Reuters) -Power use in Texas will break records next week as homes and businesses crank up their air conditioners to escape the first heat wave of the 2023 summer season, the state's power grid opera...
Jun 16, 2023
Customers Bancorp acquires $631 million loan portfolio from FDIC at discount
(Reuters) - Customers Bancorp said on Friday it acquired a $631 million venture banking loan portfolio from the U.S. banking regulator Federal Deposit Insurance Corporation (FDIC) at about 85% of the ...
Jun 16, 2023
Analysis-Global tax deal at risk as first pillar teeters
By Leigh Thomas PARIS (Reuters) - One of the two pillars of a global corporate tax overhaul due to come into force next year is at risk of collapsing as plans over how to share taxing rights on the 10...
Jun 16, 2023
Peoria, IL, USA
42 °F Partly cloudy
